The House Minority Caucus joined the Senate Minority Caucus at a press conference earlier this week, and unveiled its package for the 22nd Legislative Session.
”Helping Create Jobs”
”1. Repeal of excise tax on medical care and products”
*a. Amends tax law allowing exemption to certain medical providers (not for profit long-term care entities for the most part), expands scope to other providers (doctors & dentists, for profit entities).
*b. Amends tax law to allow exemption for sale, lease or rental of medical equipment.
”2. Exemption of Medicare/Medicaid from general excise tax liability”
*a. Exempts gross proceeds arising from payments by U.S. government or agency thereof for provision of medical and other health care services to Medicare beneficiaries from general excise tax liability.
*b. Exempts gross proceeds arising from payments for provision of medical and other health services and goods to Medicaid providers pursuant to Medicaid provisions in federal law.
”3. Prepaid Health Care Act