Senate File 572 H-8251 Amend Senate File 572, as amended, passed, and reprinted by 1 the Senate, as follows: 2 1. Page 1, after line 30 by inserting: 3 < Sec. ___. NEW SECTION . 135B.41 Hospital change of 4 ownership —— prohibitions. 5 The department shall not approve the change of ownership of 6 a previously licensed hospital if the person seeking to obtain 7 ownership of the hospital is any of the following: 8 1. A private equity fund as defined in 12 U.S.C. 9 §1851(h)(2), as amended. 10 2. Majority owned by a private equity fund. 11 3. An affiliate of a private equity fund. 12 4. A real estate investment trust as defined in 26 U.S.C. 13 §856(a), as amended. 14 5. Majority owned by a real estate investment trust. 15 6. An affiliate of a real estate investment trust. > 16 2. Page 2, after line 28 by inserting: 17 < Sec. ___. Section 135C.7A, Code 2026, is amended by adding 18 the following new subsection: 19 NEW SUBSECTION . 6A. The department shall not approve the 20 change of ownership of a previously licensed nursing facility 21 if the person seeking to obtain ownership of the nursing 22 facility is any of the following: 23 a. A private equity fund as defined in 12 U.S.C. 24 §1851(h)(2), as amended. 25 b. Majority owned by a private equity fund. 26 c. An affiliate of a private equity fund. 27 d. A real estate investment trust as defined in 26 U.S.C. 28 §856(a), as amended. 29 e. Majority owned by a real estate investment trust. 30 f. An affiliate of a real estate investment trust. > 31 3. Title page, by striking lines 1 through 4 and inserting 32 < An Act relating to the ownership of hospitals, health care 33 facilities, and nursing facilities. > 34 4. By renumbering as necessary. 35 -1- SF 572.3592 (1) 91 dg/ko 1/ 2 #1. #2. #3.