S 2980 New Jersey Senate · 2026-2027 Regular Session

Revises reporting requirements for nursing homes concerning financial disclosures and ownership structure.

This bill (S 2980) requires nursing home owners to submit detailed financial and ownership information before transferring ownership or delegating management to third parties. It mandates disclosure of 100% ownership structures, organizational charts, and third-party service providers paying over $200,000 annually, along with resolution of outstanding Medicaid debts. The Department of Health must publicly post applications (with privacy redactions) and allow a 30-day public comment period. These changes aim to increase transparency for prospective buyers and the public while ensuring new owners meet financial and operational standards.

Issues: ✓ Healthcare

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2026 Last action Mar 16, 2026

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What changed between versions

Introduced → Reprint · 4 edits

MODERATE

This is a First Reprint version of S2980 following Senate committee action on March 16, 2026. The substantive changes are minimal: two new co-sponsors were added (Burgess and Diegnan), a cross-reference in Section 9 was corrected from 'section 9' to 'section 81' of the companion bill, and the explanatory Statement section was removed from the text. No policy provisions were altered.

TECHNICAL

Section 9 cross-reference changed from 'section 9' to 'section 81' of the companion pending bill, correcting which provision the notwithstanding clause references for temporary implementation notices.

Two new co-sponsors added: Senators Burgess and Diegnan.

The entire Statement section (a multi-paragraph summary explaining the bill's provisions) was removed from the reprint text.

Bill status updated from 'Introduced Pending Technical Review by Legislative Counsel' to 'As reported by the Senate Health, Human Services and Senior Citizens Committee on March 16, 2026, with amendments.'

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Committee

Jan 13, 2026

Introduced

Introduced in the Senate, Referred to Senate Health, Human Services and Senior Citizens Committee

upper

2 primary · 9 co-sponsors