NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-41-5
Exemption
Official textnmonesource.comlast amended
A health care facility with more than ninety thousand annual medicaid-financed bed days may claim an exemption in an amount equal to sixty-five percent of the health care quality surcharge due in a reporting period. The percentage and annual medicaid-financed bed days threshold may be modified by rule promulgated by the human services department [health care authority department], if necessary, for approval of the surcharge program by the federal centers for medicare and medicaid services.
Amendment history
Laws 2019, ch. 53, § 5.
Source: official source (NMSA chapter on nmonesource.com)
In this article (8 sections)
- 7-41-1 · Short title
- 7-41-2 · Purpose
- 7-41-3 · Definitions
- 7-41-4 · 7-41-4
- 7-41-5 · Exemption
- 7-41-6 · Health care facility fund; disability health care facility fund
- 7-41-7 · Administration and enforcement of act
- 7-41-8 · Departments required to promulgate rules