HB 1309

Bill Subjects

Health Care Facilities; Hospitals Taxes; Property Taxes

Abstract

Requires a nonprofit hospital to pay a certain amount to the county treasurer based on the property tax liability that would be due based on the nonprofit hospital's gross assessed value of exempt property if no exemptions were applied, depending on the extent to which the nonprofit hospital's average of aggregate prices charged in a year exceeds the nationwide average of aggregate prices charged in the immediately preceding calendar year. Requires a nonprofit hospital to submit information each year concerning the nonprofit hospital's average of aggregate prices charged.