H.R. 9504, the Tax Exempt Hospital Transparency Act, advanced out of committee on July 1, 2026.
H.R. 9504 — Tax Exempt Hospital Transparency Act
What it does
This bill requires nonprofit hospitals that receive tax-exempt status to disclose far more detailed financial information on their annual IRS filings, including how much they spend on community health needs, financial assistance to patients, advertising, and specific service lines like oncology or cardiology. Larger hospitals (over 100 beds) and high-revenue hospitals (over $100 million in net patient revenue) face additional reporting requirements, including disclosure of profits from the federal 340B drug discount program.
Quorum's transparency scan gave Tax Exempt Hospital Transparency Act a moderate transparency flag.
What happens next
H.R. 9504 advanced out of committee. Next stop: a floor vote.
Who is behind it
Filed by Gregory Murphy. Cosponsored by Lloyd Smucker.