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Senate committee advances bill to extend tax parity to health-care-sharing ministries with sunset
Summary
The Finance and Taxation Education committee gave a favorable report to Senate Bill 245, which would extend parity to certain health-care-sharing ministries with a sunset provision through Dec. 31, 2029; sponsor estimated a $1.5 million annual impact on the education trust fund.
Senator Roberts offered Senate Bill 245 to extend parity to a category of health care known in the discussion as a “health care sharing ministry,” and the committee adopted a sunset amendment that would make the provision expire on Dec. 31, 2029.
The sponsor, Senator Roberts, said the bill would “give parity between what we're currently doing” and the ministries that share…
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