An act relating to increasing the monetary thresholds for certificates of need

This bill raises the monetary thresholds requiring a certificate of need for health care projects in Vermont. It increases the cost triggers from $1.5 million to $10 million for non-hospital facility expansions and $3 million to $10 million for hospital capital projects. The bill also adds a new $50 million threshold for large projects and exempts health care services or facilities resulting from direct state contracts. These changes apply to all health care facilities needing prior approval for major investments or service expansions, effective July 1, 2025.