Georgia lawmaker seeks bigger tax break for rural hospital donors

Georgia
emergency_hospital_171747

ATLANTA, Ga (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 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.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Recent Updates

More 7 Day Forecast

More Political Stories

More Politics

Trending Stories

Don't Miss

Trending Stories