(a) The Department of Veterans Affairs is authorized to establish and maintain a Veterans' Home at a location selected by the Director of the Department of Veterans Affairs, after seeking advice from the Arkansas Veterans' Commission, and the Arkansas Veterans' Home Task Force [abolished].

(b) The department is authorized to employ staff to operate the home as it deems appropriate and as authorized by biennial appropriation.

(c)

(1) The home shall be operated under the supervision of the department.

(2) The director shall be the administrative head of the home.

(d)

(1) The department shall promulgate appropriate guidelines for determining eligibility of veterans for admission to the home and the monetary charges to be made for veterans residing in the home. All guidelines shall conform to the federal requirements to qualify the home as a nursing home for veterans and to render the home eligible to receive federal financial assistance.

(2)

(A) Notwithstanding the provisions of § 20-8-101 et seq., the home may be used as a nursing home for veterans without obtaining a certificate of need.

(B) Bed capacity shall not exceed one hundred fifty (150).

(e) In the administration of the home, the director is authorized to do the following:

(1) Establish accounts to record the receipt and disbursement of funds from resident veterans to pay for a portion of their maintenance at the home;

(2) Develop policies for determining charges to be made to resident veterans;

(3) Develop accounts and procedures pertaining to incompetent residents;

(4) Establish procedures and accounts for payment by the home to its residents for work performed at the home;

(5) Establish such other accounts as are necessary to the orderly administration of the home; and

(6) Establish policies necessary for the operation of the home.

(f) At the end of each fiscal year, the director shall certify to the Chief Fiscal Officer of the State the amount of nonrevenues to be retained in the Miscellaneous Agencies Fund Account. All other moneys shall be transferred to the General Revenue Allotment Reserve Fund according to existing laws.