Exempts specialty heart hospital from 0.53 percent hospital assessment if it waives billing patients directly.
This bill amends the hospital assessment law to exempt a specialty heart hospital from the 0.53 percent total operating revenue assessment if the hospital certifies that it waives any right to bill patients directly for health care services. The assessment funds the Health Care Subsidy Fund, supporting federally qualified health centers, charity care, NJ FamilyCare, and other health care programs. The bill takes effect immediately and applies to taxable years beginning after January 1 following enactment.
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