An Act To Impose A Moratorium On The Ownership Or Operation Of Hospitals In The State By Private Equity Companies Or Real Estate Investment Trusts

This bill prohibits private equity companies and real estate investment trusts (REITs) from acquiring or increasing ownership or operational control of hospitals in Maine until June 15, 2029. It defines key terms like "operational control" (influencing hospital policies or leadership) and "indirect ownership" to clarify the scope. The moratorium directly affects entities seeking to buy or manage Maine hospitals through private equity or REIT structures. The law will expire automatically on June 15, 2029, without requiring further legislative action.