Tentative hospital tax agreement reached - WLBT.com - Jackson, MS

Jackson, MS 06-21-09

Tentative hospital tax agreement reached

JACKSON, MS (WLBT) - The House and Senate have come to terms on a hospital tax which legislators say will cover the cost of medicaid.

According to the Associated Press, Democratic Senator Hob Bryan says House and Senate negotiators have signed an agreement in principle for a tax on medical facilities.

It calls for a $60 million dollar hospital tax that could increase to $90 million when federal stimulus funding stops in 2010.

Hospitals in turn could save nearly $100 million through the reversal of previous budget cuts and the banning of future cuts.

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