MN HF304

Repeals the gross revenues tax on hospitals, surgical centers, health care providers, and wholesale drug distributors effective for gross revenues received after December 31, 2021.

Eliminates the 1.8 percent tax that was imposed on patient services revenues for hospitals and surgical centers, and on gross revenues for health care providers and wholesale drug distributors.

Repeals all related definitions, exemptions, exclusions, credits, and administrative provisions from Minnesota Statutes sections 295.50 through 295.59.

Removes tax collection and payment requirements, including estimated tax payments and annual return filing obligations for affected health care entities.