Those who donate to Holton Community Hospital’s proposed emergency room and inpatient care expansion and remodeling project are eligible to receive a state tax credit, it has been announced.
HCH, in conjunction with the Holton Community Hospital Foundation, has recently been awarded a tax credit application in order to sell state income tax credits to those who donate to the hospital’s remodeling project.
The hospital is receiving $213,000 in tax credits through the Kansas Department of Commerce’s Community Services Tax Credit Program.
Tax credits will be offered for qualified contributions of $250 or more received between Sept. 1, 2017 and Dec. 31, 2018, it was reported.
Donors, including businesses and individuals, will receive a tax credit equal to 70 percent of the amount they contribute, it was reported. A donation of $1,000 would equal a $700 tax credit, for example.
(Read more: Holton Recorder)