History of Actions | Background | Title |
Description: Nonprofit health care conversion transactions; require approval by Attorney General.
| 1 | 01/18/99 | (H) | Referred To Public Health and Welfare | |
| 2 | 02/02/99 | (H) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Holland
Title: AN ACT RELATING TO NONPROFIT HEALTH CARE CONVERSION TRANSACTIONS, WHICH IS THE TRANSFER OF THE ASSETS, OPERATIONS OR CONTROL OF A NONPROFIT HEALTH CARE ENTITY TO AN ENTITY OR PERSON OTHER THAN A CHARITY; TO REQUIRE NONPROFIT HEALTH CARE ENTITIES TO PROVIDE WRITTEN NOTICE TO, AND OBTAIN THE APPROVAL OF, THE ATTORNEY BEFORE ENTERING INTO ANY NONPROFIT HEALTH CARE TRANSACTION; TO PROVIDE FOR A PUBLIC MEETING TO HEAR COMMENTS FROM INTERESTED PERSONS BEFORE THE ATTORNEY GENERAL MAKES HIS DECISION ON APPROVAL OF A PROPOSED NONPROFIT HEALTH CARE TRANSACTION; TO SPECIFY THE ELEMENTS THAT THE ATTORNEY GENERAL MUST CONSIDER BEFORE MAKING HIS DECISION ON APPROVAL OF A PROPOSED NONPROFIT HEALTH CARE TRANSACTION; TO AUTHORIZE THE ATTORNEY GENERAL TO ADOPT ANY NECESSARY REGULATIONS TO IMPLEMENT THIS ACT; TO AUTHORIZE THE ATTORNEY GENERAL TO REQUIRE ANY NONPROFIT HEALTH CARE ENTITY PROPOSING A NONPROFIT HEALTH CARE TRANSACTION TO PROVIDE SUCH INFORMATION AS THE ATTORNEY GENERAL DEEMS NECESSARY TO COMPLETE HIS REVIEW OF THE TRANSACTION; TO AUTHORIZE THE ATTORNEY GENERAL TO CONTRACT WITH STATE OR FEDERAL AGENCIES AND WITH EXPERTS AND CONSULTANTS TO ASSIST IN MAKING HIS REVIEW; TO AUTHORIZE THE ATTORNEY GENERAL TO REQUIRE THE NONPROFIT HEALTH CARE ENTITY PROPOSING THE NONPROFIT HEALTH CARE TRANSACTION TO REIMBURSE THE ATTORNEY GENERAL FOR ALL COSTS INCURRED IN REVIEWING THE TRANSACTION; TO PROVIDE FOR PENALTIES FOR VIOLATIONS OF THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1337.htm