HEALTH PRACTITIONER GRT DEDUCTION SUNSET

Summary

The bill lengthens the deadline for a gross‑receipts tax deduction that health‑care providers can claim for payments received from managed‑care contracts, and adds coinsurance, copayments and deductibles to the list of deductible items. It applies only to services that are within the practitioner’s licensed scope and does not cover fee‑for‑service insurer payments. The change is intended to reduce the tax burden on a wide range of licensed health professionals and their business entities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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