An Act To Implement Certain Recommendations Related To The Ratio Of Debt To Equity In Transactions Involving Health Care Entities From The Commission To Evaluate The Scope Of Regulatory Review And Oversight Over Health Care Transactions That Impact The Delivery Of Health Care Services In The State
Maine LD 2198 would prohibit any transaction involving a health care entity in the state if that entity's debt-to-equity ratio exceeds 50 percent. The bill defines covered entities broadly to include hospitals, outpatient clinics, diagnostic centers, and various provider organizations, while explicitly excluding nursing facilities. This legislation implements a specific recommendation from a state commission tasked with evaluating regulatory oversight of health care transactions.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2026
Last action Mar 3, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
1
Committee
4
Feb 26, 2026
Legislature · Passed
Reported Out - ONTP
legislature
Feb 10, 2026
Committee
On motion by Senator Bailey of York REFERRED to Committee on Health Coverage, Insurance and Financial Services, in concurrence.
upper
Feb 10, 2026
Committee
The Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES
lower
Feb 10, 2026
Committee
Representative MATHIESON for the Joint Standing Committee on Health Coverage, Insurance and Financial Services pursuant to Resolve 2025, chapter 106, section 8 reports that the Bill be REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES and printed pursuant to Joint Rule 218.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kristi Mathieson
DDemocratic
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