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House debates oversight of for‑profit and private‑equity health care transactions; several amendments adopted
Summary
Lawmakers considered House Bill 1460 to expand Attorney General oversight of certain health‑care facility mergers and acquisitions. The House adopted several amendments that raised the standard of proof and split review costs; other proposed changes were tabled or withdrawn. The transcript does not show final enactment.
House members debated House Bill 1460, described on the floor as legislation to provide “oversight of for profit and private equity transactions in health care facilities.” The bill drew lengthy debate and several floor amendments that altered the bill’s standards and procedures.
Representative Bonner and Representative Borowski described the measure as giving the Attorney General new authority to review certain transactions in health care and to determine whether a proposed merger or acquisition is “against the public interest.” Representative Bonner proposed an amendment (A00914) to raise the Attorney General’s burden of proof from “preponderance of the evidence” to “clear and convincing evidence.” Representative Borowski, the bill’s sponsor, supported the…
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