Bill > H0739

This bill amends existing Idaho law to revise the property tax exemption provisions for certain hospitals. The bill defines a "hospital" and specifies the requirements for a hospital corporation to qualify for the property tax exemption, including being organized as a nonprofit, receiving a tax exemption from the IRS, providing charitable hospital care, and meeting certain community service and financial requirements. The bill also requires hospital corporations receiving the exemption to annually provide a compliance statement to the county commissioners. The bill declares an emergency and makes the changes effective immediately upon passage and approval.