The bill seeks to repeal the gross revenues tax on hospitals and health care providers in Minnesota, along with making technical amendments to various statutes. Key changes include the removal of references to the MinnesotaCare provider tax and the health care provider tax, as well as the introduction of new effective dates for certain provisions, which will apply to gross revenues received after December 31, 2023. The bill also modifies grounds for disciplinary action against regulated persons by excluding intentional failures to provide data related to gross revenue and the health care provider tax. Additionally, it addresses the transfer of excess funds from the health care access fund to the general fund and clarifies definitions related to health plan companies and expenditures.

Moreover, the bill amends existing tax laws concerning the sale and repair of hearing aids and prescription eyewear, establishing tax obligations for businesses operating outside Minnesota but delivering products within the state. It outlines various tax obligations and exemptions for health care providers, including credits for taxes paid to other jurisdictions and refunds for pharmacies delivering drugs outside Minnesota. The bill also mandates quarterly estimated tax payments for certain taxpayers, specifies conditions for exemptions, and details the consequences of underpayment. Furthermore, it addresses the transfer of tax liabilities among health care entities and emphasizes compliance requirements for third-party purchasers and pharmacy benefits managers, ensuring that the health care access fund receives all revenues from the imposed taxes.

Statutes affected:
Introduction: 16A.724, 62J.041, 214.16, 256B.04, 256B.0625, 270B.14, 289A.38