O’Donnell Tax Credit Bill for Rural Physicians Passes Committee
OKLAHOMA CITY – House Speaker Pro Tempore Terry O’Donnell, R-Catoosa, on Tuesday secured unanimous committee passage of a bill that would provide income tax credits for doctors practicing in rural areas of the state.
House Bill 2089 is authored by House Speaker Charles McCall, R-Atoka and Speaker Pro Tempore O’Donnell. The bill would grant up to a $25,000 tax credit for income from compensation directly related to the practice of medicine or osteopathic medicine by a qualifying physician.
“The lifestyle of rural physicians doesn’t always appeal to young students getting out of medical school these days,” O’Donnell told members of the House Rules Committee. “This tax credit would help us incentivize doctors to go into practice in our state’s rural communities, an effort to bolster rural health care.”
“This measure will help us build the ranks of rural doctors to serve residents who choose to live in our state’s smaller communities,” said Speaker McCall. “These residents are as deserving of access to a family physician, obstetricians and or other health care specialists as people who live in more populous areas.”Read more »
by Muskogee Politico - February 12, 2021 at 09:18AM
Tax credit bill for rural physicians passes House committee
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