In a comment made March 18, 2010, Senator Chuck Grassley (R-Iowa), the Senate Finance Committee ranking minority member, stated that the Illinois Supreme Court's ruling in Provena Covenant Medical Center v. Illinois Department of Revenue confirms the view that "[t]here is often no discernible difference between the operations of taxable and tax-exempt hospitals." The Illinois Supreme Court held that Provena Covenent Medical Center could not qualify for a state property tax exemption because it did not provide enough charity care. Grassley continued by calling for more attention to be given to the activities of tax-exempt hospitals, and stated that he will continue "to hold tax-exempt hospitals accountable for the federal tax benefits they receive."
See "Grassley Says Court Ruling Confirms Lack of Distinction Between Taxable, Exempt Hospitals," 2010 TNT 53-35, March 18, 2010.
Posted by Jenny Robertson, Associate Editor, Wealth Strategies Journal.
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