2018 Senate Bill 1112

Authorize tax breaks for for-profit buyer of municipal hospital

Introduced in the Senate

Sept. 5, 2018

Introduced by Sen. Tom Casperson (R-38)

To exempt the tools and equipment owned by hospital from property taxes that are levied on business tools and equipment (“personal property tax”). The bill is part of a legislative package authorizing the sale of a municipal hospital to a for-profit company (Senate Bill 1114), but appears to potentially extend the exemption to any “business engaged primarily in health care services”.

Referred to the Committee on Finance