Lawmakers may not decide tax-exempt status before session ends

Lawmakers may not decide tax-exempt status before session ends

SPRINGFIELD -- A bill to provide Urbana and other cities with property tax revenue from hospitals may not move forward before state lawmakers go home Friday.
SPRINGFIELD -- A bill to provide Urbana and other cities with property tax revenue from hospitals may not move forward before state lawmakers go home Friday. The proposal would change an exemption for hospitals.

Currently, they don't have to pay property taxes if the value of their charity care exceeds their property tax bill. Carle Foundation Hospital, in Urbana, was exempt last year.

Representative Naomi Jakobsson (D) says that exemption will cost Urbana schools about $3 million a year. Carle leaders say the hospital provided $32 million in charity and discounted medical care for the community.
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