More than 300 members of the U.S. House of Representatives endorsed the American Hospital Associations bid to broaden proposed criteria for tax-exempt hospitals public reporting of community benefits.
In a letter dated Nov. 7 to the Internal Revenue Service, lawmakers lobbied for two controversial expensesbad debt and Medicare lossesto be included when tax officials adopt the new reporting rule, which is expected to take effect as early as 2008.
The IRS left out both expenses in a draft of the agencys revised Form 990, the yearly filing for not-for-profits, released in June. The letter also urged the IRS to delay adopting the community-benefit reporting policy until 2010. -- by Melanie Evans
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