Expands certificate of need requirement to certain sale or lease agreements involving hospitals.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill expands New Jersey’s certificate of need requirements to include certain sale and lease agreements between hospitals and real estate investment trusts. Specifically, it prohibits hospitals from entering into these agreements without obtaining a certificate of need from the Department of Health, unless the agreement wouldn’t negatively impact public health or the hospital’s financial stability. The bill also establishes standardized agreement forms and requires annual financial reporting to ensure transparency and accountability.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours