House File 285 - Introduced



                                       HOUSE FILE       
                                       BY  QUIRK


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act providing a tax deduction for dental services providers
  2    who participate in the Medicaid program, and including a
  3    retroactive applicability date provision.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 1724HH 82
  6 pf/gg/14

PAG LIN



  1  1    Section 1.  Section 422.7, Code 2007, is amended by adding
  1  2 the following new subsection:
  1  3    NEW SUBSECTION.  50.  If the taxpayer is a provider of
  1  4 dental services under the medical assistance program and the
  1  5 rate of reimbursement for such dental services is less than
  1  6 the amount normally charged by the dental provider for such
  1  7 dental services, subtract one hundred percent of the
  1  8 difference between the amount normally charged for the dental
  1  9 services and the reimbursement rate for each dental service
  1 10 provided and reimbursed under the medical assistance program.
  1 11 For the purposes of this subsection, "provider of dental
  1 12 services" means any individual taxpayer who provides dental
  1 13 services as defined by and which are reimbursable under the
  1 14 medical assistance program.
  1 15    Sec. 2.  APPLICABILITY.  This Act applies retroactively to
  1 16 January 1, 2007, for tax years beginning on or after that
  1 17 date.
  1 18                           EXPLANATION
  1 19    This bill provides a deduction from income for individual
  1 20 taxpayers who are providers of dental services under the
  1 21 medical assistance program.  Under the bill, if the rate of
  1 22 reimbursement for dental services provided to the dental
  1 23 services provider is less than the amount normally charged by
  1 24 the dental provider for such dental services, the dental
  1 25 services provider may subtract 100 percent of the difference
  1 26 between the amount normally charged and the reimbursement rate
  1 27 under the medical assistance program in computing income.  The
  1 28 bill defines "provider of dental services" as any individual
  1 29 taxpayer who provides dental services as defined by and which
  1 30 are reimbursable under the medical assistance program.
  1 31    The bill applies retroactively to January 1, 2007, for tax
  1 32 years beginning on or after that date.
  1 33 LSB 1724HH 82
  1 34 pf:sc/gg/14