AN ACT REQUIRING NURSING HOMES TO ANNUALLY REPORT CERTAIN OWNERSHIP INFORMATION REGARDING INVESTMENT ENTITIES, ACQUIRE, IF FEASIBLE, A SURETY BOND OR A SIMILAR FORM OF SECURITY IN AN AMOUNT EQUAL TO NINETY DAYS OF OPERATING COSTS, MAINTAIN FULL GOVERNANCE CONTROL AND AUTHORITY OVER NURSING HOME ASSETS AND ACTIVITIES AND ANNUALLY ATTEST THAT NO INVESTMENT ENTITY HAS CONTROL OVER NURSING HOME RESIDENT HEALTH, SAFETY OR CARE.

Summary

The bill requires every Connecticut nursing home to file an annual report detailing any investment‑entity owners, obtain a performance bond equal to 90 days of operating costs, and certify that those owners do not control resident health, safety, or care. It also bars the sale of the home’s property for five years without health‑department approval and imposes a $1,000‑per‑day civil penalty for non‑compliance. The goal is to increase transparency and protect residents from profit‑driven decisions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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