HB 325
Page 1
AN ACT
RELATING TO TAXATION; PERMITTING CERTAIN LICENSED COUNSELORS,
THERAPISTS AND SOCIAL WORKERS TO DEDUCT FROM GROSS RECEIPTS
CERTAIN PAYMENTS FROM MANAGED HEALTH CARE PROVIDERS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 7-9-93 NMSA 1978 (being Laws 2004,
Chapter 116, Section 6) is amended to read:
"7-9-93. DEDUCTION--GROSS RECEIPTS--CERTAIN RECEIPTS
FOR SERVICES PROVIDED BY HEALTH CARE PRACTITIONER.--
A. Receipts from payments by a managed health care
provider or health care insurer for commercial contract
services or medicare part C services provided by a health care
practitioner that are not otherwise deductible pursuant to
another provision of the Gross Receipts and Compensating Tax
Act may be deducted from gross receipts, provided that the
services are within the scope of practice of the person
providing the service. Receipts from fee-for-service payments
by a health care insurer may not be deducted from gross
receipts. The deduction provided by this section shall be
separately stated by the taxpayer.
B. For the purposes of this section:
(1) "commercial contract services" means
health care services performed by a health care practitioner
pursuant to a contract with a managed health care provider or