Tax-exempt Status
The House Ways and Means Committee July 1 voted along party lines to advance a bill, H.R. 9504, the Tax-Exempt Hospitals Transparency Act, that would add reporting requirements for nonprofit hospitals’ Schedule H IRS forms. The AHA June 30 provided a statement to the committee expressing serious…
AHA's comment on H.R. 9504, the “Tax-Exempt Hospital Transparency Act.”
The House Ways and Means Committee today voted to advance a bill, H.R. 9504, the Tax-Exempt Hospitals Transparency Act, that would add reporting requirements for nonprofit hospitals’ Schedule H IRS forms.
The House Committee on Ways and Means is scheduled for July 1 to mark up a bill that would add reporting requirements for hospitals’ Schedule H IRS forms.
The AHA received draft legislation this week, with no advance context on what the draft is attempting to address. In light of the Ways and Means Committee’s intent to mark this up on Wednesday, the below reflects our initial concerns with the draft.
Please contact your representative about a draft bill that could be considered next week.
The House Committee on Ways and Means released draft bill text in advance of its planned May 20 markup.
A new analysis from EY prepared for the AHA highlights the ways in which nonprofit hospitals and health systems contribute to their communities.
An EY report prepared for the AHA shows that tax-exempt hospitals and health systems delivered $11 in benefits to their communities for every dollar’s worth of federal tax exemption in 2022, the most recent year for which comprehensive data is available.
A new analysis by the accounting firm EY (also known as Ernst and Young) for the AHA shows that tax-exempt hospitals and health systems delivered more than $11 in benefits to their communities for every dollar’s worth of federal tax exemption in 2022, the most recent year for which comprehensive…