Georgia HEART to Assist Rural Hospitals with New Tax Credit Program
In March this year, the Georgia General Assembly passed SB 258, which allows for individuals and corporations to receive tax credits for financial contributions made to certain eligible rural hospitals. The Georgia Hospital Association (GHA) was fully supportive and instrumental in the design and passage of this legislation, which allows $50 million in tax credits in the program’s first year in 2017. This ground-breaking tax credit legislation opens the door for many rural hospitals in the state to receive up to $4 million in contributions annually.