An Act To Prohibit The Sale And Leaseback Of A Health Care Entity'S Main Campus To A Real Estate Investment Trust As Recommended By The Commission To Evaluate The Scope Of Regulatory Review And Oversight Over Health Care Transactions That Impact The Delivery Of Health Care Services In The State
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Summary
The bill bars any health‑care provider, facility, or provider organization from licensing if it sells its main campus to a real‑estate investment trust (REIT) and then leases it back. It only exempts hospitals that were already leasing from a REIT before July 1, 2026, and lets those hospitals keep the exemption after any transfer. The goal is to keep ownership of primary care sites in the hands of health‑care operators.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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