To amend the Internal Revenue Code of 1986 to provide that tax-exempt bonds may be used to provide a hospital or other inpatient health care facility only if the facility accepts medicaid patients and to amend title XVIII of the Social Security Act to require hospitals, as a condition of receipt of certain medicare funding, to accept medicaid patients and to require skilled nursing facilities, as a condition of medicare participation, to accept medicaid patients.
Health Care Providers Responsibility to the Community Act of 1989 - Amends the Internal Revenue Code to remove the Federal income tax exemption for interest on any inpatient health care facility bond (a 501(c)(3) bond) with respect to any facility that at the time of bond issuance does not have in effect a provider agreement under the relevant State's Medicaid plan.
Subjects to the tax on unrelated business income of charitable organizations the owner of any inpatient health care facility that was financed from proceeds of any tax-exempt bond and that does not have a provider agreement under a State Medicaid plan. Denies an income tax deduction for interest on financing to these same entities.
Amends title XVIII (Medicare) of the Social Security Act to require hospitals and skilled nursing facilities to have in effect a provider agreement under the relevant State Medicaid program as a condition of eligibility to participate in the Medicare program.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Health.
Referred to the Subcommittee on Health and the Environment.
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