Mississippi House Bill HB1728

Mississippi 2023 Regular Session

• Introduced: 2/21/23
• Refer: 2/21/23
• Failed: 2/22/23

Caption

Taxes; increase certain and use revenue to assist hospitals for uncompensated medical treatment services.

Impact

The funding model created by HB 1728 aims to alleviate financial pressures on healthcare facilities in Mississippi, specifically those providing treatment to individuals without insurance or means to pay. By reallocating tax revenues from increased sales tax on specific goods to this fund, the bill addresses the critical issue of uncompensated care that hospitals face. This change could improve financial stability for many hospitals and potentially lead to better healthcare outcomes for underserved populations.

Summary

House Bill 1728 seeks to amend various sections of the Mississippi Code of 1972 to increase sales tax rates on specific items, including firearms, ammunition, archery equipment, motorcycles, all-terrain vehicles, and jet skis. The bill also proposes an increase in the sales tax on retail sales of alcoholic beverages. A significant aspect of this bill is that the additional revenue generated from these tax increases is to be allocated to the newly established Mississippi Hospitals Uncompensated Care Assistance Fund. This fund is intended to financially assist hospitals in covering the costs associated with uncompensated medical treatment services provided to patients.

Contention

There may be contention surrounding the bill due to concerns about the financial impact on consumers purchasing firearms and alcohol, as these are often seen as sensitive items. Critics may argue that increasing taxes on these items could unfairly burden consumers and affect sales negatively. Additionally, as the bill impacts tax rates, there could be debates regarding the balance of state revenue needs against the economic implications for local businesses reliant on these sales.