This amendment increases funding for nursing homes through the Nursing Facility Value Based Program by $20.0 million from the general fund and $20.8 million from matching federal Medicaid funds each year over the 2024-26 biennium. The program provides enhanced funding for facilities that meet or exceed performance and/or improvement thresholds such as adequate staffing and avoidance of negative care events. Language is added to clarify that this additional funding satisfies the requirement that VBP funding for nursing facilities be adjusted annually for inflation in order for the Commissioner of Health to impose administrative sanctions on nursing facilities that do not comply with staffing requirements set forth in legislation adopted by the 2023 General Assembly.