With Senate Finance Committee meetings to mark up Chairman Max Baucus’ health care reform proposal as outlined in his 220-page “Chairman’s Mark of America’s Healthy Future Act of 2009” (the “Baucus Proposal”) scheduled to begin tomorrow (September 22, 2009), tax-exempt health care and other non-profit organizations should evaluate carefully proposed amendments that would amend or repeal the rebuttable presumption rule applicable to non-profits when defending Internal Revenue Service challenges to compensation reasonability, to grant sweeping new audit and oversight powers to the Internal Revenue Service, to tighten substantially tax-exemption requirements for charitable hospitals, and other amendments impacting their tax-exempt status or related obligations in addition to the widely-discussed proposal to create “Consumer Operated and Oriented Plans (CO-OPs) .
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Tag: Grassley
Health Care Reform Proposals Backed By Bipartisian Group of Former Senators Enjoys Widespread Initial Support In Senate
Health care reform proposals outlined in the Crossing Out Lines: Working Together to Reform the U.S. Health System Report released by Bipartisian Policy Center advisors and former Senators Howard Baker (R-TN), Tom Daschle (D-IA) and Bob Dole (R-KS) appears to enjoys significant support among many members of Congress as an alternative to the comprehensive health care reform proposals contained in the “Affordable Health Choices Act” (the “Kennedy Bill”) supported by Senator Edward M. Kennedy. As the health care reform rages among members of Congress, the Senate Committee on Health, Education, Labor and Pensions (HELP) chaired by Senator Kennedy continues its mark up of the Kennedy Bill.