28 April 2023 House Ways and Means Oversight Subcommittee hearing on tax-exempt hospitals and the community benefit standard On April 26, the House Ways and Means Oversight Subcommittee held a hearing entitled, "Tax Exempt Hospitals and the Community Benefit Standard." The hearing considered the benefits provided by non-profit hospitals to American communities in contrast to the cost of their tax-exempt status to American taxpayers. In particular, the discussion focused on how the IRS determines tax-exempt status, including the community benefit standard and whether the current reporting requirements (i.e., "Schedule H") are sufficient. Lawmakers heard testimony from a panel of four witnesses, including a representative from the Government Accountability Office (GAO), academics and a representative from the American Hospital Association (AHA). Witnesses spoke to the immense value that tax-exempt status afforded to these non-profit hospitals, however some also noted the "variability" across different hospitals in meeting the community benefit standard, recommending several reforms. More information is available here.
Document ID: 2023-0777 | |||||||