45th legislature - STATE OF NEW MEXICO - first session, 2001
RELATING TO TAXATION; PROVIDING A GROSS RECEIPTS TAX DEDUCTION FOR RECEIPTS OF A HOME HEALTH AGENCY FROM PROVIDING MEDICAL AND OTHER HEALTH SERVICES TO MEDICARE BENEFICIARIES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 7-9-77.1 NMSA 1978 (being Laws 1998, Chapter 96, Section 1, as amended) is amended to read:
"7-9-77.1. DEDUCTION--GROSS RECEIPTS TAX--CERTAIN MEDICAL AND HEALTH CARE SERVICES.--
A. Receipts from payments by the United States
government or any agency thereof for provision of medical and
other health services by medical doctors and [osteopaths]
osteopathic physicians or of medical, other health and
palliative services by a hospice or home health agency to
medicare beneficiaries pursuant to the provisions of Title
[XVIII] 18 of the federal Social Security Act may be deducted
from gross receipts.
B. For the purposes of this section:
(1) "home health agency" means a for-profit entity that is licensed by the department of health and certified by the federal health care financing administration as a home health agency;
[(1)] (2) "hospice" means a for-profit entity
licensed and certified by the department of health as a
hospice; [and
(2)] (3) "medical doctors [and osteopaths]"
means [persons] physicians licensed to practice [under Section
61-6-11 or 61-10-11 NMSA 1978] medicine pursuant to the
provisions of the Medical Practice Act; and
(4) "osteopathic physicians" means persons
licensed to practice as osteopathic physicians pursuant to the
provisions of Chapter 61, Article 10 NMSA 1978."
Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2001.