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Bill would tie nonprofit hospitals' community benefit to property-tax-equivalent reporting and direct shortfalls to rural hospitals
Summary
SB 560 would require nonprofit hospitals to report community-benefit spending and compare it to an estimated property-tax-equivalent value; sponsors said shortfalls would fund critical-access hospitals, while hospital systems said amendments are needed to address definitions, appeal rights and accounting for charitable donations.
Sen. Matt Regier told the committee that Senate Bill 560 responds to a 2020 legislative audit that found inconsistent reporting of community benefit by nonprofit hospitals. The bill would require hospitals to report community-benefit spending, compare that benefit to an estimated property-tax liability, and, if a hospital falls short, remit the difference to the Department of Public Health and Human Services for distribution to critical access hospitals that are unaffiliated and at financial risk.
Hospital associations…
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