A4985 — Restores property tax exemption for nonprofit hospitals with on-site for-profit medical providers; requires these hospitals to pay community service contributions to host municipalities; establishes Nonprofit Hospital Community Service Contribution Study

A4985 — Restores property tax exemption for nonprofit hospitals with on-site for-profit medical providers; requires these hospitals to pay community service contributions to host municipalities; establishes Nonprofit Hospital Community Service Contribution Study · Informed CitizenryThe legislation amends existing statutes to restore the property tax exemption status for nonprofit hospitals, even if they have on-site for-profit medical providers. However, in lieu of property t…Open in Informed Citizenry