2006 Nebraska Revised Statutes - § 44-4726 — Taxes.
Section 44-4726Taxes.
(1) The same taxes provided for in section 44-32,180 shall be imposed upon each prepaid limited health service organization, and such organizations also shall be entitled to the same tax deductions, reductions, abatements, and credits that health maintenance organizations are entitled to receive.
(2) Except as provided in subsection (3) of this section, any capitation payment made in accordance with the Medical Assistance Act shall be excluded from computation of any tax obligation imposed by subsection (1) of this section.
(3) Upon approval by the Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services of federal financial participation based upon the changes made by Laws 2002, LB 9, Ninety-seventh Legislature, Second Special Session, any capitation payment made in accordance with the Medical Assistance Act shall be included in the computation of any tax obligation imposed by subsection (1) of this section.
Cross References:
- Managed Care Plan Act, see section 68-1048.
Medical Assistance Act, see section 68-901.
- Laws 1989, LB 320, § 26
Laws 1990, LB 1136, § 110
Laws 1996, LB 969, § 8
Laws 2002, Second Spec. Sess., LB 9, § 2
Laws 2006, LB 1248, § 64.
~ Revised Statutes Cumulative Supplement, 2006
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