HB 0342 Relating to Certain Health Care Procedures
Sponsor:KREIDER Handling House Bill:
Committee:STCI LR Number:L0587.01I
Last Action:01/26/95 - Referred H Science, Technology & Critical Issues Comm.
Effective Date:
All Actions | Senate Home Page | List of 1995 House Bills
Current Bill Summary

HB0342 Kreider, Jim


HB 342 -- Health Care Subsidy Fund

This bill requires not for profit hospitals to calculate what there income tax liability would be if they were subject to the income tax. If the calculation indicates a tax liability greater than total expenditures made on uncompensated health care services provided during that year, the difference must be paid to the Director of Revenue by the first of May for deposit in the Health Care Subsidy fund.

The bill creates the Health Care Subsidy Fund which will be appropriated to subsidize costs for bone marrow transplants and experimental treatments not covered by health insurance policies, under a plan developed by the Department of Health and promulgated by regulation.

Funds in the Health Care Subsidy Fund will not lapse or be transferred to the general revenue fund at the end of the 2 year period.