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Taxes committee recommends HHS omnibus with restored provider tax, subsidy alternative to reinsurance
Summary
The Minnesota Senate Taxes Committee voted April 23 to recommend Senate File 2669, the HHS omnibus, to the Finance Committee after adopting amendments that restore the provider tax to 2% and clarify wholesale drug rebates are included in provider‑tax gross revenues.
The Minnesota Senate Taxes Committee voted to recommend Senate File 2669, the HHS omnibus finance and policy bill, to the Finance Committee on April 23 after adopting several amendments and a package of health‑sector funding changes.
Senator Wicklund, sponsor of SF 2669, told the committee the bill prioritizes protecting access to care amid federal uncertainty and avoids cuts to core coverage. "We wished to strengthen access to health care ... we were not interested in simply meeting our targets through cuts," Wicklund said in opening remarks.
Major tax and funding items in the bill that drew committee attention:
- Provider tax: The bill restores the provider tax rate to 2 percent. Department of Revenue estimates discussed in committee show the provider tax rate increase would generate roughly $401.3 million over four years (revenue estimate used during the hearing). An amendment (A47) adopted in committee clarifies that rebates paid by wholesale drug distributors to customers are included in the gross…
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