Bill Text: HI SB595 | 2011 | Regular Session | Amended
Bill Title: Medicaid Physicians; Tax Credit
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Engrossed - Dead) 2011-03-24 - (H) Report adopted. referred to the committee(s) on FIN as amended in HD 1 with none voting no and Har, Riviere, Wooley excused. [SB595 Detail]
Download: Hawaii-2011-SB595-Amended.html
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THE SENATE |
S.B. NO. |
595 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO PHYSICIANS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Doctors are critical components of our society, providing a very important service to everyone in the State, and it is the job of the legislature to ensure that the State provides the best quality of life possible for all of its residents. Addressing the needs and concerns of health care providers is a key step toward keeping Hawaii healthy.
Over the years a number of doctors have retired or left Hawaii, especially the neighbor islands, citing reasons that include high medical malpractice insurance rates, low insurance reimbursement rates, and the high cost of living. Hawaii has been unable to replace these doctors in a manner that provides Hawaii residents timely access to adequate health care.
Furthermore, in addition to the general shortage of doctors in Hawaii, many of the remaining physicians are reluctant to accept and treat medicaid patients, making it even more difficult for this particular population to receive medical services on a regular and emergency basis.
The purpose of this Act is to address the shortage of physicians who are willing to accept medicaid patients by establishing a tax credit for physicians if at least fifteen per cent of a physician's total patient case load consists of medicaid patients.
SECTION 2. Chapter 235, Hawaii Revised Statutes, is amended by adding a new section to part III to be appropriately designated and to read as follows:
"§235‑ Medicaid physician tax credit. (a) There shall be allowed to each qualified taxpayer subject to the taxes imposed by this chapter, a medicaid physician tax credit that shall be applied to the qualified taxpayer's net income tax liability, if any, imposed by this chapter for the taxable year in which the credit is properly claimed.
(b) The tax credit shall be in an amount equal to twenty‑five per cent of the amount of medical malpractice insurance premium paid by the qualified taxpayer for the taxable year in which the credit is properly claimed.
(c) As used in this section, "qualified taxpayer" means a physician licensed under chapter 453; provided that:
(1) At least fifteen per cent of the physician's total patient case load consists of medicaid patients accepted and treated by the physician; and
(2) The physician does not owe the State delinquent taxes, penalties, or interest.
(d) If the tax credit claimed by the qualified taxpayer under this section exceeds the qualified taxpayer's income tax liability, the excess of credit over liability shall be refunded to the qualified taxpayer; provided that the tax credit properly claimed by a qualified taxpayer who has no income tax liability shall be paid to the qualified taxpayer; and provided further that no refunds or payments on account of the tax credit allowed by this section shall be made for amounts less than $1.
(e) The director of taxation shall prepare forms that may be necessary to claim a credit under this section, may require proof of the claim for the tax credit, and may adopt rules pursuant to chapter 91 necessary to effectuate the purposes of this section.
(f) Claims for the tax credit under this section, including any amended claims, shall be filed on or before the end of the twelfth month following the taxable year for which the credit may be properly claimed."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act, upon its approval, shall apply to taxable years beginning after December 31, 2010.
Report Title:
Medicaid Physicians; Tax Credit
Description:
Establishes a tax credit equal to twenty-five per cent of the amount of medical malpractice insurance premium paid by a physician if at least fifteen per cent of a physician's total patient case load consists of patients on medicaid. (SD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
