Adds language authorizing transfer of General Fund appropriations for certain licensed health care entities to Division of Medical Assistance and Health Services to maximize federal Medicaid payments to certain faculty physicians and non-physician professionals.

This bill allows public hospitals and healthcare entities to transfer certain state General Fund dollars to New Jersey's Medicaid agency (Division of Medical Assistance and Health Services). The goal is to maximize federal Medicaid reimbursements for faculty physicians and non-physician healthcare providers working at public medical schools. Transfers require approval from the state budget director and must follow federal Medicaid guidelines. This modifies the 2025 budget law to support the existing MAPS program, which provides higher Medicaid payment rates for these providers.