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CO HB1243
Bill
Status
5/10/2023
Primary Sponsor
Judith Amabile
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AI Summary
HB23-1243 Summary
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Requires nonprofit hospitals to hold annual public meetings to present community benefit activities and implementation plans, with presentations including discrete activities, funding amounts, and alignment with community priorities.
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Mandates hospitals invite representatives from local agencies (public health, schools, governments, community centers, tribal councils, urban Indian organizations, and higher education institutions) and state agencies to annual meetings, with general public invited through multiple communication channels at least 30 days in advance.
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Requires hospitals to present community health needs assessment priorities, solicit public input on additional priorities, review and incorporate feedback before finalizing implementation plans, and submit detailed meeting reports to the state department and public website.
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Establishes state department review every three years comparing community-identified priorities to hospital spending, with reports including estimated federal and state income tax exemptions plus property tax exemptions for each hospital calculated by the Department of Revenue.
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Creates compliance enforcement mechanism allowing the state department to issue fines up to $20,000 per week for hospital systems or $5,000 per week for other hospitals for noncompliance, with fined amounts required to be spent on community benefit priorities within one year.
Legislative Description
Hospital Community Benefit
Last Action
Governor Signed
5/10/2023