Legislative Change to Charity-Care Rules


credit: Flickr

Senate Majority Leader James Clayborne Jr. has agreed to sponsor the proposal from the Illinois Hospital Association to expand the definition of charity care which is used to determine whether nonprofit medical centers can maintain tax-exempt status.

Gov. Pat Quinn's call for negotiation of the hospitals which were stripped with the exemptions has not yet produced a deal after several months.

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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.




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