Bill > H0110

This bill amends existing law to provide that a county board of equalization may, at its discretion, exempt the property of certain hospitals from property taxes. The key provisions are: 1. The bill defines "hospital" to include acute care, outreach, satellite, outpatient, ancillary, and support facilities of a hospital, even if they would not independently satisfy the definition of a hospital. 2. The bill allows county boards of equalization to exempt from taxation the real property owned and personal property, including medical equipment, owned or leased by a hospital corporation, a county hospital, or a hospital district that is operated as a hospital. 3. The hospital must be organized as a nonprofit corporation and have received an exemption from taxation from the Internal Revenue Service under Section 501(c)(3) of the Internal Revenue Code. 4. The board of equalization may consider whether any part of the property is used for business purposes from which revenue is derived that is not directly related to the hospital's exempt purposes, and may provide a partial exemption for such property. 5. Hospitals with 150 or more patient beds must file an annual community benefits report with the board of equalization, but this report is for informational purposes and does not affect the approval or denial of the property tax exemption.

Budget and Finance

Revenue and Taxation Committee (House)

https://legislature.idaho.gov/sessioninfo/2023/legislation/H0110/