1. A reinvestment advisory committee shall: (a) Solicit and review reports from the Division and Medicaid managed care organizations concerning the reinvestment of funds by those Medicaid managed care organizations in the communities served by the Medicaid managed care organizations. (b) Report to the Division and Medicaid managed care organizations concerning initiatives of local governments in the county to address homelessness, housing issues and social determinants of health. (c) Make recommendations based on the reports reviewed pursuant to paragraph (a) to the Division and Medicaid managed care organizations concerning the reinvestment of funds by those Medicaid managed care organizations in the communities served by the Medicaid managed care organizations. Those recommendations must include, without limitation, recommendations for the use of such funds for the purposes of: (1) Developing innovative partnerships with community development organizations and providers of housing services; and (2) Supporting the initiatives of local governments in the county to address homelessness, housing issues and social determinants of health. 2. On or before December 31 of each year, a reinvestment advisory committee shall: (a) Compile a report concerning: (1) The uses of funds reinvested by Medicaid managed care organizations in the communities served by those Medicaid managed care organizations, including, without limitation, efforts to address homelessness, disparities in health care and social determinants of health; and (2) The activities of the reinvestment advisory committee during the calendar year, including, without limitation, the recommendations made by the reinvestment advisory committee pursuant to paragraph (c) of subsection 1. (b) Submit the report to: (1) The Director of the Legislative Counsel Bureau for transmittal to: (I) In odd-numbered years, the Joint Interim Standing Committee on Health and Human Services; and (II) In even-numbered years, the next regular session of the Legislature. (2) The Director of the Authority. 3. As used in this section, Medicaid managed care organization means a managed care organization that provides health care services to recipients of Medicaid who reside in the county for which a reinvestment advisory committee is established.
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