BILL REQ. #:  H-4730.2 

Read first time 02/21/2006.   Referred to Committee on Finance.

     AN ACT Relating to a business and occupation tax deduction for reimbursements for immunizing agents; and adding a new section to chapter 82.04 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION.  Sec. 1   A new section is added to chapter 82.04 RCW to read as follows:
     (1) In computing tax there may be deducted from the measure of tax amounts received by health care providers as reimbursements for immunizing agents, not to exceed the then current federal rate. Amounts received by health care providers for the administration of immunizing agents are not deductible under this section.
     (2) The definitions in this subsection apply to this section.
     (a) "Federal rate" means the rate at or below which the federal government or its agents reimburse providers for vaccines and other immunologic drugs as provided for in the medicare, part B, drugs average sales price information resource as published by the United States department of health and human services, or any successor index thereto.
     (b) "Health care provider" has the meaning provided in RCW 70.02.010.
     (c) "Immunizing agent" means any vaccine or other immunologic drug licensed and approved by the United States food and drug administration, or meeting World Health Organization requirements, for immunization of persons against vaccine-preventable diseases.