H-8251

   Amend Senate File 572, as amended, passed, and reprinted by the Senate, as follows:
   1.  Page 1, after line 30 by inserting: 
   <Sec. ___.  NEW SECTION.  135B.41  Hospital change of ownership —— prohibitions.
   The department shall not approve the change of ownership of a previously licensed hospital if the person seeking to obtain ownership of the hospital is any of the following:
   1.  A private equity fund as defined in 12 U.S.C. §1851(h)(2), as amended.
   2.  Majority owned by a private equity fund.
   3.  An affiliate of a private equity fund.
   4.  A real estate investment trust as defined in 26 U.S.C. §856(a), as amended.
   5.  Majority owned by a real estate investment trust.
   6.  An affiliate of a real estate investment trust.>
   2.  Page 2, after line 28 by inserting: 
   <Sec. ___.  Section 135C.7A, Code 2026, is amended by adding the following new subsection:
   NEW SUBSECTION.  6A.  The department shall not approve the change of ownership of a previously licensed nursing facility if the person seeking to obtain ownership of the nursing facility is any of the following:
   a.  A private equity fund as defined in 12 U.S.C. §1851(h)(2), as amended.
   b.  Majority owned by a private equity fund.
   c.  An affiliate of a private equity fund.
   d.  A real estate investment trust as defined in 26 U.S.C. §856(a), as amended.
   e.  Majority owned by a real estate investment trust.
   f.  An affiliate of a real estate investment trust.>
   3.  Title page, by striking lines 1 through 4 and inserting <An Act relating to the ownership of hospitals, health care facilities, and nursing facilities.>
   4.  By renumbering as necessary.

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TUREK of Pottawattamie