March 12, 2013
Illinois Schools Face Pain from Hospital Tax Exemption Law
It appears that one of the (perhaps unanticipated?) effects of the new Illinois law on hospital tax exemption is additional pain for strapped school districts in areas where hospitals previously had been denied exemption based upon the Illinois Supreme Court's ruling in the Provena-Covenant case. This story posted on the WLS Radio (Chicago) web site notes that some school districts will have to refund millions of dollars collected over the past several years: Valley View School District, which covers Romeoville and Bolingbrook, will have to refund Adventist Bolingbrook Hospital between $4.5 million to $5 million and Plainfiled School District 202 apparently owes Naperville's Edwards Hospital $1 million.
March 12, 2013 | Permalink
TrackBack URL for this entry:
Listed below are links to weblogs that reference Illinois Schools Face Pain from Hospital Tax Exemption Law: