Section 2896 - Hospital assessment; 2012-20131.Assessment. For state fiscal year 2012-13, an assessment is imposed against each hospital in the State. The assessment is equal to 0.39% of net operating revenue as identified on the hospital's most recent audited financial statement for the hospital's fiscal year that ended during calendar year 2008. [2011, c. 477, Pt. II, §1(NEW).]
2.Return required. A person subject to the assessment imposed under this section shall submit to the assessor a return on a form prescribed and furnished by the assessor. The assessment is payable in 2 payments. The first payment is due by September 30, 2012. The 2nd payment is due by March 30, 2013. [2011, c. 477, Pt. II, §1(NEW).]
3.Application of revenues. All revenues received by the assessor under subsection 1 must be credited to the General Fund. [2011, c. 477, Pt. II, §1(NEW).]
Added by 2012, c. 477,§ II-1, eff. 2/23/2012.