Connecticut 2017 Regular Session

Connecticut Senate Bill SB00059

Introduced
1/12/17  

Caption

An Act Repealing The Hospital Tax.

Impact

The proposed repeal of the hospital tax carries significant implications for the healthcare system in Connecticut. Supporters of this bill, including various stakeholders in the healthcare industry, argue that removing the tax could lead to lower operational costs for hospitals. This, in turn, could facilitate increased employment opportunities within the healthcare sector, as hospitals may expand services and hire additional staff in response to improved financial stability.

Summary

SB00059, known as the Act Repealing The Hospital Tax, aims to eliminate the hospital tax currently imposed under chapter 211a of the general statutes in Connecticut. This legislation is introduced with the intent of reducing healthcare costs in the state, thereby improving access to medical services for residents. By repealing this tax, the bill aims to ease financial burdens on hospitals, which are essential providers of healthcare, particularly in underserved areas.

Contention

However, the bill is not without its points of contention. Critics may argue that the loss of revenue from the hospital tax could impact state funding for healthcare programs and services, necessitating a careful examination of how this repeal could balance fiscal responsibility with the need for accessible healthcare. Additionally, there could be concerns about whether the tax repeal truly translates into reduced healthcare costs for consumers or if it primarily serves to enhance hospital profitability without tangible benefits for patients.

Companion Bills

No companion bills found.

Previously Filed As

CT HB05036

An Act Exempting Hospital Beds For Home Health Care Use From The Sales And Use Taxes.

CT SB00076

An Act Reducing The Personal Income Tax Marginal Rates For Certain Taxpayers And Concerning The Asset Expense Deduction For Corporations.

CT HB05117

An Act Concerning The Estate And Gift Taxes And The Use Of The Revenue Generated From Such Taxes.

CT SB00101

An Act Requiring The Indexing Of Income Thresholds For The Personal Income Tax.

CT HB05114

An Act Establishing An Excise Tax On Ammunition To Provide Funding For Community Gun Violence And Intervention Program Grants.

CT HB05320

An Act Concerning Hospital Financial Assistance.

CT SB00009

An Act Promoting Hospital Financial Stability.

CT SB00077

An Act Establishing A Capital Gains Tax On Certain Endowment Funds Of Institutions Of Higher Education And Concerning The Use Of The Revenue Generated.

CT SB00078

An Act Concerning The Sales And Use Taxes Imposed On Meals Sold By An Eating Establishment, Caterer Or Grocery Store And The Use Of A Portion Of The Revenue Generated From Such Taxes.

CT SB00114

An Act Concerning Funding For Day Kimball Hospital In Putnam.

Similar Bills

No similar bills found.