Bill Text: NY A03962 | 2025-2026 | General Assembly | Introduced
Bill Title: Requires the commissioner of health to conduct a study considering banning private equity ownership in hospice care and to report the results of such study to the governor and the legislature.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-01-30 - referred to health [A03962 Detail]
Download: New_York-2025-A03962-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3962 2025-2026 Regular Sessions IN ASSEMBLY January 30, 2025 ___________ Introduced by M. of A. FORREST -- read once and referred to the Commit- tee on Health AN ACT to amend the public health law, in relation to requiring the commissioner of health to conduct a study on banning private equity ownership in hospice care The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public health law is amended by adding a new section 2 4016 to read as follows: 3 § 4016. Study on private equity ownership in hospice care. 1. The 4 commissioner, in consultation with the superintendent of financial 5 services, shall conduct a study considering banning private equity 6 ownership in hospice care in the state. 7 2. Not later than February first, two thousand twenty-seven, the 8 commissioner shall submit a report on the results of such study to the 9 assembly, the senate, and the governor and make such report publicly 10 available on the department's website. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07360-01-5
