ID H0299

Revises the maximum hospital assessment cap for private in-state hospitals from 2.5% to the maximum federal allowable tax percentage under 42 CFR 433.68 of the assessment base.

Allocates hospital assessment revenues with 45% used for standard chapter requirements and 55% used for Medicaid eligibility expansion under section 56-267, Idaho Code.

Limits the Medicaid eligibility expansion portion of the hospital assessment to not exceed 45% of the state's share of Medicaid eligibility expansion costs.

Creates the Medicaid Expansion Dedicated Fund in the state treasury to receive moneys from all sources, with funds distributed to pay refund claims and applied to Medicaid eligibility expansion costs.

Requires the state tax commission to promulgate rules necessary to implement the Medicaid Expansion Dedicated Fund provisions.