Deduction; gross receipts; governmental gross receipts;

hospitals. A. Sixty percent of the receipts of hospitals licensed by the department of health may be deducted from gross receipts; provided that this deduction may be applied only to the taxable gross receipts remaining after all other appropriate deductions have been taken. B. Sixty percent of the receipts of a hospital licensed by the department of health may be deducted from governmental gross receipts. History: Laws 1991, ch. 8, § 3; 1993, ch. 56, § 1; 1995, ch. 50, § 5; 2019, ch. 270, § 35.