SB560

Montana SB560 requires nonprofit hospitals to provide community benefits exceeding their potential property tax liability, with fees assessed for.

Montana SB560 mandates that nonprofit hospitals provide annual community benefits exceeding their potential property tax liability. These benefits must be calculated using net community benefit expenses, net community building expenses, and total bad debt. If a hospital's reported community benefit does not exceed its potential tax liability, the Department of Public Health and Human Services will assess a fee for the difference. The bill also establishes a Critical Access Health Care Special Revenue Account to fund critical access hospitals.