Report Title:

For-profit Hospitals; General Excise Tax Deferment

 

Description:

Provides a general excise tax deferment for 4 years for payments received from medicaid or medicare by for-profit hospitals, that provide services to an annual patient population consisting of 60% or more uninsured, medicaid, and medicare patients.

 


HOUSE OF REPRESENTATIVES

H.B. NO.

1522

TWENTY-FIFTH LEGISLATURE, 2009

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT


 

 

RELATING TO GENERAL EXCISE TAX.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


SECTION 1. The purpose of this Act is to provide a four-year deferment from general excise taxes for payments received from medicaid or medicare by any for-profit hospital group that annually provides services for patients, of which sixty per cent or more are uninsured, or recipients of medicaid or medicare.

The legislature intends that without exception, all gross income derived from medicaid or medicare payments by a for-profit hospital group be deferred their general excise tax.

SECTION 2. Chapter 237, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"237-   For-profit hospitals, infirmaries, and sanitaria; deferment. Notwithstanding any other law to the contrary, this chapter shall apply to the deferment of gross income received from medicaid or medicare of any for-profit hospital group that annually provides services for patients, of which sixty per cent or more are uninsured, or recipients of medicaid or medicare."

SECTION 3. New statutory material is underscored.

SECTION 4. This Act shall take effect upon its approval; provided that this Act shall be repealed on June 30, 2013.

 

INTRODUCED BY:

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