28-6-31.   Payments to be remitted to department for credit to health care trust fund. Each publicly owned and operated nursing facility participating under the provisions of §§ 28-6-28 to 28-6-36, inclusive, immediately upon receiving a payment under § 28-6-30, shall remit the amount of that payment, less a transaction fee, to the department for credit to:

             (1)      The health care trust fund as provided in S.D. Const., Art. XII, § 5 in an amount equal to the applicable federal medical assistance percentage times the total remittance to the department, less the transaction fee; and

             (2)      The department's other funds for all remaining amounts.

Source: SL 2000, ch 132, § 4; SL 2001, ch 152, § 1.

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