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Office of the Revisor of Statutes

SF 114 Senate Long Description

Repealing the MinnesotaCare provider gross earnings and insurance +gross premium taxes and requiring health plan companies to pass through the savings+ to purchasers in the form of reduced premium rates, requiring +documentation of compliance and providing for enforcement by the commissioners of +commerce or health; increasing the rate of tax on cigarettes and tobacco products+ and imposing a floor stocks tax on cigarettes, requiring the crediting of+ a certain portion of the tax rate increase and of floor stocks tax revenues to +the health care access fund; repealing the MinnesotaCare hospitals and health +care providers gross earnings tax, the tax on wholesale drug distributors +and rural hospital financial assistance grants used to offset the impact of the+ hospital tax(mk)