Extends the time where certain entities can provide fiscal intermediary services

Bill A 7426 extends the deadline for certain entities to provide fiscal intermediary services - such as managing payments for social services programs - from April 1, 2025, to July 1, 2025. This change directly affects current service providers and subcontractors of the statewide fiscal intermediary, giving them additional time to comply with new requirements. The bill amends existing law to delay the restriction that would otherwise limit service provision to only the statewide fiscal intermediary and its subcontractors after the new date. After July 1, 2025, only the statewide fiscal intermediary and its registered subcontractors may offer these services.