ASSEMBLY HEALTH INFRASTRUCTURE COMMITTEE

STATEMENT TO

SENATE, No. 3463

STATE OF NEW JERSEY

DATED:  JUNE 1, 2026

      The Assembly Health Infrastructure Committee reports favorably Senate Bill No. 3463.

This bill makes various changes to the regulation of health care service firms.

      The bill:  1) raises the annual Medicaid reimbursement threshold for personal care assistance services that would trigger an audit for health care service firms from $250,000 to $500,000; 2) requires the health care service firms to submit the audit no later than September 30th of the calendar year in which it is due; 3) revises the compensation threshold for reporting requirements for health care service firms from between $1 million and $10 million, to less than $10 million; 4) revises the information that is to be contained in the health care service firm’s report; 5) provides for corrective action in certain cases; and 6) permits audits to be performed by out-of-State accountants.

      As reported by the committee, Senate Bill No. 3463 is identical to Assembly Bill No. 4790, which was also reported by the committee on this date.