HF 2231
Introduction - 93rd Legislature (2023 - 2024)
Posted on 02/27/2023 03:06 p.m.
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Introduction
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Posted on 02/27/2023 |
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A bill for an act
relating to health; updating nursing home change of ownership; amending
Minnesota Statutes 2022, section 144A.06, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2022, section 144A.06, subdivision 2, is amended to read:
Subd. 2.
New license required; change of ownership.
(a) The commissioner of health
by rule shall prescribe procedures for licensure under this section.
(b) A new license is required and the prospective licensee must apply for a license prior
to operating a currently licensed nursing home. The licensee must change whenever one of
the following events occur:
(1) the form of the licensee's legal entity structure is converted or changed to a different
type of legal entity structure;
(2) the licensee dissolves, consolidates, or merges with another legal organization and
the licensee's legal organization does not survive;
(3) within the previous 24 months, 50 percent or more of the licensee's ownership interest
is transferred, whether by a single transaction or multiple transactions to:
(i) a different personnew text begin or multiple personsnew text end ; or
(ii) a person new text begin or multiple different persons new text end who had less than a five percent ownership
interest in the facility at the time of the first transaction; or
(4) any other event or combination of events that results in a substitution, elimination,
or withdrawal of the licensee's responsibility for the facility.