The AHA today conveyed support for the Eliminating the Provider Relief Fund Tax Penalties Act of 2020, a bipartisan proposal to ensure that vital funding through the Public Health and Social Services Emergency Fund and similar programs provided in response to COVID-19 is not taxable.

“Currently, tax-paying health care providers lose at least 21% of the benefit of these funds as a result of their tax status,” AHA wrote to the bill’s sponsors, Reps. Cindy Axne, D-Iowa and Neal Dunn, R-Fla. “With the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress recognized the urgent need to shore up our nation’s health care providers so they could support their communities during the current pandemic. To then tax those same resources runs counter to that goal.”

 

Related News Articles

Headline
Proactive COVID-19 testing of all long-term care staff and residents, who are usually at higher risk of contracting the virus, may help prevent potential…
Headline
The Food and Drug Administration yesterday approved a new drug application for propofol injectable emulsion, an intravenous general anesthetic and sedation…
Headline
In a sample of 598 hospitalized pregnant women with COVID-19, 55% had no symptoms on admission, according to a report released this week by the Centers for…
Headline
The Centers for Disease Control and Prevention today updated its testing guidance for SARS-CoV-2, the virus that causes COVID-19. “Due to the significance of…
Headline
The Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response recently posted new and updated COVID-19 resources…
Headline
The Food and Drug Administration this week approved dexmedetomidine hydrochloride in 0.9% sodium chloride injection for the sedation of initially intubated and…