Bill Text: CT SB00049 | 2016 | General Assembly | Comm Sub
Bill Title: An Act Concerning An Exemption For Certain Small Hospitals From The Tax On Net Patient Revenue.
Spectrum: Committee Bill
Status: (Introduced - Dead) 2016-04-19 - File Number 673 [SB00049 Detail]
Download: Connecticut-2016-SB00049-Comm_Sub.html
General Assembly |
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February Session, 2016 |
*_____SB00049FIN___040816____* |
AN ACT CONCERNING AN EXEMPTION FOR CERTAIN SMALL HOSPITALS FROM THE TAX ON NET PATIENT REVENUE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Section 12-263b of the 2016 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2016, and applicable to calendar quarters commencing on or after July 1, 2016):
(a) [For] Except as provided in subsection (c) of this section, for each calendar quarter commencing on or after July 1, 2011, there is hereby imposed a tax on the net patient revenue of each hospital in this state to be paid each calendar quarter. The rate of such tax shall be up to the maximum rate allowed under federal law. The Commissioner of Social Services shall determine the base year on which such tax shall be assessed. The Commissioner of Social Services may, in consultation with the Secretary of the Office of Policy and Management and in accordance with federal law, exempt a hospital from the tax on payment earned for the provision of outpatient services based on financial hardship. Effective July 1, 2012, and for the succeeding fifteen months, the rates of such tax, the base year on which such tax shall be assessed, and the hospitals exempt from the outpatient portion of the tax based on financial hardship shall be the same tax rates, base year and outpatient exemption for hardship in effect on January 1, 2012.
(b) Each hospital shall, on or before the last day of January, April, July and October of each year, render to the Commissioner of Revenue Services a return, on forms prescribed or furnished by the Commissioner of Revenue Services and signed by one of its principal officers, stating specifically the name and location of such hospital, and the amount of its net patient revenue as determined by the Commissioner of Social Services. Payment shall be made with such return. Each hospital shall file such return electronically with the department and make such payment by electronic funds transfer in the manner provided by chapter 228g, irrespective of whether the hospital would otherwise have been required to file such return electronically or to make such payment by electronic funds transfer under the provisions of chapter 228g.
(c) To the extent permitted by federal law, for each calendar quarter commencing on or after July 1, 2016, the tax set forth in subsection (a) of this section shall not be imposed on any hospital in this state that is not part of a hospital system, as defined in section 19a-486i, if such hospital (1) has one hundred sixty or fewer beds, (2) is located in a municipality that is not contiguous to any other municipality with a hospital located in such other municipality, and (3) had less than thirty-five million dollars of annual net patient revenue for the provision of inpatient services in the base year determined under subsection (a) of this section.
[(c)] (d) Notwithstanding any other provision of law, for each calendar quarter commencing on or after July 1, 2015, and prior to January 1, 2016, the amount of tax credit or credits otherwise allowable against the taxes imposed under sections 12-263a to 12-263e, inclusive, and 12-263i shall not exceed fifty and one one-hundredths per cent of the amount of tax due under sections 12-263a to 12-263e, inclusive, and 12-263i with respect to such calendar quarter prior to the application of such credit or credits. For each calendar quarter commencing on or after January 1, 2016, and prior to January 1, 2017, the amount of tax credit or credits otherwise allowable against the taxes imposed under sections 12-263a to 12-263e, inclusive, and 12-263i shall not exceed fifty-five per cent of the amount of tax due under sections 12-263a to 12-263e, inclusive, and 12-263i with respect to such calendar quarter prior to the application of such credit or credits. For each calendar quarter commencing on or after January 1, 2017, and prior to January 1, 2018, the amount of tax credit or credits otherwise allowable against the taxes imposed under sections 12-263a to 12-263e, inclusive, and 12-263i shall not exceed sixty per cent of the amount of tax due under sections 12-263a to 12-263e, inclusive, and 12-263i with respect to such calendar quarter prior to the application of such credit or credits. For each calendar quarter commencing on or after January 1, 2018, and prior to January 1, 2019, the amount of tax credit or credits otherwise allowable against the taxes imposed under sections 12-263a to 12-263e, inclusive, and 12-263i shall not exceed sixty-five per cent of the amount of tax due under sections 12-263a to 12-263e, inclusive, and 12-263i with respect to such calendar quarter prior to the application of such credit or credits. For each calendar quarter commencing on or after January 1, 2019, the amount of tax credit or credits otherwise allowable against the taxes imposed under sections 12-263a to 12-263e, inclusive, and 12-263i shall not exceed seventy per cent of the amount of tax due under sections 12-263a to 12-263e, inclusive, and 12-263i with respect to such calendar quarter prior to the application of such credit or credits.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
July 1, 2016, and applicable to calendar quarters commencing on or after July 1, 2016 |
12-263b |
Statement of Legislative Commissioners:
In Section 1(c), "net inpatient revenue" was changed to "net patient revenue for the provision of inpatient services", for clarity.
FIN |
Joint Favorable Subst. |