October 12, 2006
Illinois Strips Hospital of Property-Tax Exemption
The State of Illinois last week upheld a 2003 decision stripping the Provena Covenant Medical Center, in Urbana, of its exemption from property taxes, a ruling that comes as Congress is examining whether to redefine how hospitals must behave to avoid paying taxes.
Brian Hamer, the state's director of revenue, said that Provena was spending less than 1 percent of its revenue on charity care, and called that "insufficient" to restore its exemption from property taxes.
The
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