summary
Introduced
01/10/2024
01/10/2024
In Committee
01/10/2024
01/10/2024
Crossed Over
Passed
Dead
03/15/2024
03/15/2024
Introduced Session
2024 Regular Session
Bill Summary
Property tax payments for nonprofit hospitals. Requires a nonprofit hospital to pay a certain amount to the county treasurer based on the property tax liability that would be due based on the nonprofit hospital's gross assessed value of exempt property if no exemptions were applied, depending on the extent to which the nonprofit hospital's average of aggregate prices charged in a year exceeds the nationwide average of aggregate prices charged in the immediately preceding calendar year. Requires a nonprofit hospital to submit information each year concerning the nonprofit hospital's average of aggregate prices charged.
AI Summary
This bill requires a nonprofit hospital to pay a certain amount to the county treasurer based on the property tax liability that would be due on the hospital's exempt property if no exemptions were applied. The amount paid depends on the extent to which the hospital's average prices charged in a year exceed the nationwide average prices charged in the immediately preceding calendar year, adjusted for inflation. The hospital must submit information each year concerning its average prices charged.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Representative Carbaugh added as coauthor (on 01/16/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://iga.in.gov/legislative/2024/bills/house/1309/details |
| BillText | https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1309/HB1309.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1309/fiscal-notes/HB1309.01.INTR.FN001.pdf |
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