Bill > HB274

This bill amends existing law to allow certain health care practitioners to deduct a portion of copayments and deductibles paid by patients from their gross receipts for tax purposes, with the deductible percentage increasing annually from 33.33% in the first year to 100% by July 1, 2018, and this deduction is intended to encourage health care practitioners to practice in the state; the bill also clarifies definitions related to managed care organizations and health care insurers, and it includes a delayed repeal of this deduction provision on July 1, 2021, with an effective date of July 1, 2016.