Creates the Medicaid Health Care Workforce Account. (BDR 38-451)

SB 40 creates the Medicaid Health Care Workforce Account within Nevada's State General Fund to support healthcare workforce expansion. The account funds programs like graduate medical education, loan repayment for providers in shortage areas, and indirect medical education costs, using money that qualifies for federal matching under Medicaid. Administered by the Division of Health Care Financing and Policy, the account must cover its own administrative costs and prioritize projects eligible for federal funding. Funds in the account do not expire annually and carry forward to future fiscal years. This bill directly affects healthcare providers, training institutions, and Nevada residents in underserved areas by targeting workforce development through existing Medicaid funding mechanisms.