Substitute for Raised H.B. No. 5316
Session Year 2026

AN ACT PROHIBITING REAL ESTATE INVESTMENT TRUSTS FROM ACQUIRING OR INCREASING OPERATIONAL CONTROL OVER HOSPITALS OR HEALTH SYSTEMS AND PROHIBITING HOSPITALS AND HEALTH SYSTEMS FROM ENTERING INTO SALE-LEASEBACK FINANCING TRANSACTIONS.

To prohibit (1) a real estate investment trust from acquiring or increasing operational control over a hospital or health system, and (2) a hospital or health system from entering into a sale-leaseback transaction involving hospital or health system-owned real property that constitutes the main campus of a hospital.

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