A. Exempted from any local option gross receipts tax, but not the state gross receipts tax, are receipts of a nonprofit hospital licensed by the department of health.
B. As used in this section, "nonprofit hospital" means a hospital that has been granted exemption from federal income tax by the United States commissioner of internal revenue as an organization described in Section 501(c)(3) of the Internal Revenue Code.
History: Laws 2019, ch. 270, § 34.
Cross references. — For Section 501(c)(3) of the Internal Revenue Code of 1986, see 26 U.S.C. § 501(c)(3).
Effective dates. — Laws 2019, ch. 270, § 60 made Laws 2019, ch. 270, § 34 effective July 1, 2019.
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