This bill is reported out by the Joint Standing Committee on Health Coverage, Insurance and Financial Services pursuant to Resolve 2025, chapter 106 to implement a recommendation from the Commission to Evaluate the Scope of Regulatory Review and Oversight over Health Care Transactions That Impact the Delivery of Health Care Services
43 in the State. The joint standing committee has not taken a position on the substance of this
44 bill. By reporting this bill out, the joint standing committee is not suggesting and does not
45 intend to suggest that it agrees or disagrees with any aspect of this bill; instead, the joint
46 standing committee is reporting the bill out for the sole purpose of having a bill printed that
47 can be referred to a joint standing committee for an appropriate public hearing and
48 subsequent processing in the normal course. The joint standing committee is taking this
49 action to ensure clarity and transparency in the legislative review of the proposals contained
50 in the bill. This bill prohibits the department from licensing a health care entity that enters into any arrangement with a real estate investment trust for the sale and leaseback of the health care entity’s main campus or primary location to the real estate investment trust. The bill provides an exemption to a hospital that was leasing its main campus from a real estate investment trust prior to July 1, 2026 and provides that a hospital maintains its exempt status after any subsequent transfer.