Hospital Bonds
Senate Finance Committee Chair Orin Hatch (R-UT) late yesterday released a draft of Senate Republicans’ proposal to overhaul the tax code.
Senate Finance Committee Chair Orrin Hatch (R-UT) late yesterday released a draft of Senate Republicans proposal to overhaul the tax code.
The House Ways and Means Committee today voted 24 to 16 along party lines to approve the Tax Cuts & Jobs Act (H.R. 1), legislation to reform the tax code. Among other changes, the bill would eliminate hospitals’ ability to access low-cost capital financing through tax-exempt private-activity bonds.
Rep. Randy Hultgren (R-IL) is renewing a push to have House leadership protect the tax-exempt status of private-activity bonds as part of tax-reform efforts. Earlier this year, a bipartisan group of 150 House members, including Hultgren, who co-chairs the Congressional Municipal Finance Caucus,…
AHA today urged leaders of the House Ways and Means Committee to reject a proposal in the House Republicans’ tax reform package that would eliminate tax exemption for 501(c)(3) hospital bonds and advance refunding bonds.
Urge your Representatives to oppose provision in Tax Bill that would eliminate the tax-exemption for private-activity bonds, including qualified 501(c)(3) hospital bonds.