Bills · 2023-2024 Regular Session
Relating to: the property tax exemption for nonprofit hospitals. (FE)
Hospitals and health care facilities Property tax — Exemption
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill disallows a nonprofit hospital from being exempt from property
taxation for a year in which the total amount of charity care provided by the hospital
during the hospital's most recently completed fiscal year is less than the total amount
of property taxes that would have been levied against the hospital's property.
Current law generally exempts nonprofit hospitals from property taxation.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 19, 2024 · Senate
Introduced by Senator Larson; cosponsored by Representatives Ratcliff, Madison, Baldeh, Clancy, Palmeri, Stubbs and Sinicki
- Feb 19, 2024 · Senate
Read first time and referred to Committee on Universities and Revenue
- Feb 20, 2024 · Senate
Representative Joers added as a cosponsor
- Apr 15, 2024 · Senate
Failed to pass pursuant to Senate Joint Resolution 1