ID H0242

Clarifies that hospital property tax exemptions apply to facilities providing 24-hour emergency medical care, excluding administrative offices and medical facilities not open at all times unless located within the same structure as the 24-hour emergency facility

Allows bare land to be taxed while property is being prepared for hospital use, but exempts all improvements and construction from taxation for up to three consecutive tax years; requires a building permit and certificate of occupancy to qualify

Requires hospitals seeking exemptions to be organized as nonprofit corporations under Idaho law and hold Internal Revenue Service section 501(c)(3) tax-exempt status

Subjects hospital property to taxation if used for unrelated business purposes generating revenue; property remains exempt if non-exempt use is 3% or less of total property value

Requires hospitals with 150 or more patient beds to file annual community benefits reports with the board of equalization by December 31 detailing unreimbursed services, special programs, and community needs analysis

Effective January 1, 2020