Sen. Grassley Considers Proposing Legislation That Would Require Not-for-Profit Hospitals To Spend A Minimum Amount On Charity Care, More

January 16, 2009

Senate Finance Committee ranking member Chuck Grassley (R-Iowa) might propose legislation in the first quarter of 2009 that would attempt to hold not-for-profit hospitals accountable for the billions of dollars in tax exemptions they receive annually, according to members of Grassley’s staff, the Wall Street Journal reports. Grassley is working on the legislation with other Senate members, including Sen. Jeff Bingaman (D-N.M.). The aides noted that Grassley first plans to urge the Treasury Department to reinstate charity care requirements that the Internal Revenue Service eliminated in 1969 before proposing new legislation.
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