Georgia officials: Neediest hospitals not guaranteed most funds under tax law

A rural hospital tax credit intended to increase donations to financially strapped facilities in Georgia may not ensure the most at-risk hospitals receive larger sums, according to a report from the Georgia Department of Audits and Accounts cited by The Morning Call.

Effective in 2017, the Rural Hospital Tax Credit lets taxpayers lower their state income tax requirement by donating to certain rural hospitals. However, state officials said because taxpayers can send their donations to specific hospitals and determine the amount they donate, hospitals that are most at risk may not receive the most support.

The state also raised concerns about dwindling funds, as the IRS no longer lets taxpayers use their contributions to the program as a charitable deduction on federal tax forms, according to The Morning Call.

Read the full report here.

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