SB 25 FEE-FOR-SERVICE PAYMENT RECEIPTS

Sen Mark Moores

Actions: [1] SCC/STBTC/SFC-SCC

Scheduled: Not Scheduled

 Senate Bill 25 (SB 25) allows fee-for-service payments and payments from individuals to be included in the Gross Receipts Tax (GRT) deduction for services provided by health care practitioners.  

 Senate Bill 25 (SB 25) allows receipts from payments for services by heath care practitioners to be deducted from Gross Receipts Tax (GRT). Also allowed to be deducted are payments from individuals for services that are medically necessary and within the scope of the health care provider’s practice. 

Fee-for-service is defined as a payment be a health care insurer to a practitioner for services performed.

SB 25 is effective July 1, 2024.
 

 Currently only receipts from for commercial contract services and Medical Part C are deducted.