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Lawmaker seeks bigger tax break for rural hospital donors

Health
Posted at 3:24 PM, Jan 13, 2017
and last updated 2017-01-13 15:24:00-05

ATLANTA (AP) - A Georgia lawmaker wants bigger tax breaks for donations given to rural hospitals.

A state law passed last year offers corporations and individuals tax credits worth 70 percent of donations to rural hospitals. The Atlanta Journal-Constitution reports (http://bit.ly/2iPxGhU) the program hasn't lured many donors - with applications coming in for only 2 percent of $50 million in available credits.

Many rural hospitals in Georgia are struggling. The tax break for donors was intended to give them a financial lifeline.

State Rep. Geoff Duncan, R-Cumming, has a new bill that would raise the tax credit from 70 percent of a donation's value to 90 percent.

Jimmy Lewis, the CEO of rural hospital coalition Hometown Health, says the 70-percent credit has been too low to attract much interest from corporate donors.

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