Plain English Breakdown
The official text confirms the intent to revise definitions and repeal conflicts but does not provide the actual new definition or specific effective date.
HB662: Revising the Definition of Rural Hospital Organization
This bill changes Georgia law to revise how a 'rural hospital organization' is defined for tax credit eligibility.
What This Bill Does
- Amends Code Section 31-8-9.1 in the Official Code of Georgia Annotated.
- Revises the legal definition of 'rural hospital organization'.
- Addresses matters related to this change and repeals conflicting laws.
Who It Names or Affects
- Entities seeking eligibility for tax credits under the revised definition of rural hospital organizations.
Terms To Know
- rural hospital organization
- A type of healthcare facility defined by state law that determines eligibility for certain benefits.
- tax credits
- Financial incentives provided to eligible entities, the rules for which are being updated in this bill.
Limits and Unknowns
- The official text does not specify exactly how the definition of 'rural hospital organization' is changed.
- The specific details about which tax credits are affected are not listed in the provided summary.
- An effective date for when these changes take place has not been set or included.