News

Major Federal Legislation Signed into Law

On July 7, 2025 by LeadingAge Minnesota

On July 4, 2025, President Trump signed the "One Big Beautiful Bill" into law, enacting sweeping changes to tax and spending priorities. Of particular importance to aging services providers, the bill includes significant cuts to Medicaid funding and adjustments that may impact nursing home reimbursement rates and long-term care coverage in the future. While some tax provisions aim to benefit workers, the overall fiscal changes raise concerns about the sustainability of safety-net programs that support older adults. It's important to note that impacts to Minnesota remain unclear: providers should not make any immediate changes to their budget or operations until more information is known. Governor Walz's staff indicated the passage of the federal bill could trigger a second special session later this year, but that has not been confirmed. This is a breaking news item. LeadingAge Minnesota is still reading through the final law and working with partners on impact and analysis. Further details and in-depth analyses of the federal bill’s implications for Medicaid providers, nursing homes, and non-profit tax entities will be shared soon. Watch Advantage later this week for more detailed analyses of the new law and what it means for care access, provider operations, and resident wellbeing. If you are a LeadingAge National member, you are also invited to join their member call today at 2:30 Central Time. Follow this link to register.