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Legislation will help retain healthcare professionals in New Mexico
SANTA FE – Senate Bill 448, sponsored by Senator Mark Moores (R-Albuquerque), today received overwhelming support in the Senate Tax, Business and Transportation Committee. The bill would create a gross receipts tax (GRT) deduction for healthcare providers to deduct the GRT owed on patient copays and deductibles. The proposal is one of several bills sponsored by Senate Republicans to help retain healthcare professionals in New Mexico.
