AL HB70

Establishes an Alabama state income tax credit for qualified physicians and dentists who provide free Medicaid-approved services to Medicaid recipients.

State tax credit is contingent upon the federal government first enacting a comparable federal income tax credit for free Medicaid services.

State tax credit equals 35% of the federal income tax credit amount.

Prohibits taxpayers from claiming both the state income tax credit and a state income tax deduction for the same free Medicaid services.

Department of Revenue must promulgate rules for implementation and work with Alabama Medicaid Agency to establish cost-effective information reporting procedures for physicians and dentists.