Bill > H0242

This bill amends existing law to revise the qualifications of a hospital facility eligible to receive a property tax exemption. The key provisions are: 1) The definition of a "hospital" is clarified to include various types of hospital facilities, but administrative offices and medical facilities not providing 24-hour emergency care do not qualify for the exemption unless they are contained within the same structure. 2) Property being prepared for use as a qualifying hospital facility can receive a tax exemption on improvements for up to 3 years during construction. 3) To qualify, a hospital must be organized as a nonprofit and have a 501(c)(3) tax-exempt status. 4) Hospitals with over 150 patient beds must file an annual community benefits report, but this report is for informational purposes and not a basis for approving or denying the property tax exemption.

Budget and Finance

Revenue and Taxation Committee (House)

https://legislature.idaho.gov/sessioninfo/2019/legislation/H0242/