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Amend CSHB 3 by adding the following Section to Chapter 251,
Tax Code, as added by Article 2 of the bill, as amended by the Keffer
Amendment:
Sec. 251.0205. APPLICATION OF HEALTH CARE CREDIT TO OTHER
PROVIDERS. (a) In this section, "physician" means:
(1) an individual licensed to practice medicine in this
state;
(2) a professional association organized under the
Texas Professional Association Act (Article 1528f, Vernon's Texas
Civil Statutes);
(3) an approved nonprofit health corporation certified
under Chapter 162, Occupations Code; or
(4) another person wholly owned by physicians and
engaged in the practice of medicine as permitted by Subtitle B,
Occupations Code.
(b) The credit provided by Section 251.020 also applies to a
physician that participates in the Medicaid program, the Medicare
program, or the Children's Health Insurance Program (CHIP) as a
provider of health care services and that receives not less than 15
percent of the provider's revenues during a calendar quarter from
payments received under the Medicaid program, Medicare program, or
Children's Health Insurance Program (CHIP), or any combination of
the three.