House Bill 658 Summary

• Expands the definition of "hospital" to explicitly include acute care, outreach, satellite, outpatient, ancillary, support facilities, critical access hospitals, rural health clinics, and federally qualified health centers.

• Extends property tax exemption to include personal property and medical equipment owned or leased by hospital corporations, county hospitals, and hospital districts.

• Limits exemption for properties under construction to improvements and construction only (not bare land value) for a maximum of three consecutive tax years; bare land remains taxable until certificate of occupancy is obtained.

• Requires hospital corporations to provide annual signed compliance statements to county commissioners by December 31 confirming adherence to nonprofit status, 501(c)(3) tax exempt status, and other exemption criteria including charity care and community benefits.

• Maintains existing requirements that property used for unrelated business purposes generating revenue shall be assessed and taxed proportionately if such use exceeds 3% of total property value.