Bill Text: TX SB687 | 2015-2016 | 84th Legislature | Introduced


Bill Title: Relating to the exclusion from total revenue of certain payments received by health care providers for purposes of computing the franchise tax.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-03-04 - Left pending in committee [SB687 Detail]

Download: Texas-2015-SB687-Introduced.html
  84R3437 GRM-D
 
  By: Hinojosa S.B. No. 687
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the exclusion from total revenue of certain payments
  received by health care providers for purposes of computing the
  franchise tax.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 171.1011(n), Tax Code, is amended to
  read as follows:
         (n)  A [Except as provided by Subsection (o), a] taxable
  entity that is a health care provider shall exclude from its total
  revenue:
               (1)  to the extent included under Subsection (c)(1)(A),
  (c)(2)(A), or (c)(3), the total amount of payments the health care
  provider received:
                     (A)  under the Medicaid program, Medicare
  program, Indigent Health Care and Treatment Act (Chapter 61, Health
  and Safety Code), and Children's Health Insurance Program (CHIP);
                     (B)  for professional services provided in
  relation to a workers' compensation claim under Title 5, Labor
  Code; and
                     (C)  for professional services provided to a
  beneficiary rendered under the TRICARE military health system; and
               (2)  the actual cost to the health care provider for any
  uncompensated care provided, but only if the provider maintains
  records of the uncompensated care for auditing purposes and, if the
  provider later receives payment for all or part of that care, the
  provider adjusts the amount excluded for the tax year in which the
  payment is received.
         SECTION 2.  Section 171.1011(o), Tax Code, is repealed.
         SECTION 3.  This Act applies only to a report originally due
  on or after the effective date of this Act.
         SECTION 4.  This Act takes effect January 1, 2016.
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