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HF 2231

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/27/2023 03:06pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 02/27/2023

Current Version - as introduced

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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.