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Code · BILL · 116th Congress · H.R. 1332 (Introduced in House) — To address the high costs of health care services, prescription drugs, and health insurance coverage in the United St... · Sec. 203

Sec. 203. Lowering safe harbor threshold with respect to State taxes on health care providers

155 words·~1 min read·/bill/116/hr/1332/ih/section-203·

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Section 1903(w)(4)(C)(ii) of the Social Security Act ( 42 U.S.C. 1396b(w)(4)(C)(ii) ) is amended— by striking of fiscal years beginning and inserting of fiscal years— beginning ; and by striking it appears. and inserting the following: it appears; beginning on or after January 1, 2020, and before January 1, 2030, 4 percent shall be substituted for 6 percent each place it appears; beginning on or after January 1, 2030, and before January 1, 2035, 3 percent shall be substituted for 6 percent each place it appears; beginning on or after January 1, 2035, and before January 1, 2040, 2 percent shall be substituted for 6 percent each place it appears; beginning on or after January 1, 2040, and before January 1, 2045, 1 percent shall be substituted for 6 percent each place it appears; and beginning on or after January 1, 2045, 0 percent shall be substituted for 6 percent each place it appears. .
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Sec. 203
Lowering safe harbor threshold with respect to State taxes on health care providers
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