A statement to the House Way and Means Committee co-authored by 12 healthcare and higher education advocacy groups defended non-profit hospitals' ability to acquire tax-exempt bond financing as legislators look to reform the tax code.
Representing hospital and health systems included the American Hospital Association, the Association of American Medical Colleges, the Catholic Health Association of the United States, and healthcare group purchaser VHA.
Advocates claimed the loss of access to tax-free financing would raise hospitals' infrastructure costs. In addition, if direct pay bonds such as Build America Bonds were reinstated, the AHA and others pushed Congress to consider them replacements for tax-exempt bonds.
Medical Groups in Idaho Sue State in Tax-Exempt Dispute .
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Representing hospital and health systems included the American Hospital Association, the Association of American Medical Colleges, the Catholic Health Association of the United States, and healthcare group purchaser VHA.
Advocates claimed the loss of access to tax-free financing would raise hospitals' infrastructure costs. In addition, if direct pay bonds such as Build America Bonds were reinstated, the AHA and others pushed Congress to consider them replacements for tax-exempt bonds.
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