HOUSE OF REPRESENTATIVES

H.B. NO.

2235

THIRTIETH LEGISLATURE, 2020

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to taxation.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  Chapter 235, Hawaii Revised Statutes, is amended by adding a new section to part III to be appropriately designated and to read as follows:

     "§235-    Income tax credit for acepting medicaid or medicare patients.  (a)  There shall be allowed to each taxpayer who is a qualified physician subject to the tax imposed by this chapter, a credit for accepting medicaid or medicare patients that shall be deductible from the taxpayer's net income tax liability, if any, imposed by this chapter for the taxable year in which the credit is properly claimed.

     (b)  The amount of the credit shall be $         per medicaid or medicare patient accepted in a taxable year.  A tax credit that exceeds the taxpayer's income tax liability may be used as a credit against the taxpayer's income tax liability in subsequent years until exhausted; provided that in no taxable year shall the total amount of the tax credit claimed under this section exceed $         per taxpayer.

     (c)  Certification of a qualified physician's acceptance of a medicaid or medicare patient for the purpose of claiming a credit under this section shall be submitted to the department of taxation on forms prescribed by the department of taxation.

     (d)  Claims for the tax credit under this section, including any amended claims, shall be filed on or before the end of the twelfth month following the taxable year for which the credit may be claimed.  Failure to comply with the foregoing provision shall constitute a waiver of the right to claim the tax credit.

     (e)  The director of taxation:

     (1)  Shall prepare any forms necessary to claim a credit under this section;

     (2)  May require a taxpayer to furnish reasonable information to ascertain the validity of a claim for credit; and

     (3)  May adopt rules pursuant to chapter 91 to effectuate the purposes of this section.

     (f)  For purposes of this section:

     "Medicaid or medicare patient" means an individual receiving medicaid or medicare benefits for medical care.

     "Qualified physician" means:

     (1)  A physician or osteopathic physician licensed under chapter 453;

     (2)  A qualified out-of-state physician who is currently licensed to practice in the state in which the physician resides; or

     (3)  A commissioned medical officer in the United States Army, Navy, Marine Corps, or Public Health Service, engaged in the discharge of ones official duty."

     SECTION 2.  New statutory material is underscored.

     SECTION 3.  This Act, upon its approval, shall apply to taxable years beginning after December 31, 2019; provided that it shall not apply to taxable years beginning after December 31, 2021.

 

INTRODUCED BY:

_____________________________

 

 

 

 

Report Title:

Department of Taxation; Tax Credit; Medicaid; Medicare; Physicians

 

Description:

Establishes a tax credit for qualified physicians who accept patients who receive Medicaid or Medicare benefits.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.