Hospital Bonds
A coalition of 35 national organizations, including the AHA, today urged House and Senate leaders to “protect in full” the current federal income tax treatment of private activity bonds, as envisioned by the Senate version of the Tax Cuts and Jobs Act.
A coalition of 35 national organizations, including the AHA, today urged House and Senate leaders to “protect in full” the current federal income tax treatment of private activity bonds, as envisioned by the Senate version of the Tax Cuts and Jobs Act.
The House has named its conferees to reconcile the House and Senate versions of the Tax Cuts and Jobs Act, legislation to overhaul the tax code that also contains several notable provisions affecting hospitals. The Senate is expected to name its conferees later today.
Moody’s Investors Service yesterday revised its outlook for the nonprofit health care sector to negative from stable, projecting a continued decline in cash flow through 2018. “Revenue growth is under pressure because of very low reimbursement rate increases, an ongoing rise in government payers…
The Senate voted 51-49 early Saturday to approve tax reform legislation, which includes provisions that would repeal enforcement of the Affordable Care Act mandate that most individuals have health insurance, eliminate hospitals’ ability to access low-cost capital financing through advance…
Press Release
Statement on Tax Cuts and Job Acts of 2017
Rick Pollack
President and CEO
American Hospital Association
December 2, 2017
Twenty-one House Republicans yesterday sent a letter spearheaded by Rep. Randy Hultgren (R-IL) to House and Senate leadership urging them to preserve the tax-exempt status of private-activity bonds and advance refundings of outstanding tax-exempt bonds in any tax reform legislation. “Private…
The Senate Budget Committee today voted 12-11 along party lines to approve the Tax Cuts and Jobs Act of 2017, a