Bill > A09042

This bill requires veterinary clinics to provide detailed notice to the attorney general before completing certain significant transactions, such as sales, mergers, or substantial asset transfers. The bill defines a "material change" as any transaction involving $200,000 or more, including sales of assets, mergers, or capital distributions. Veterinary clinics must submit comprehensive documentation within 14 days of agreeing to a transaction, including financial records, organizational documents, transaction details, and information about potential impacts on patient care and community services. The attorney general will review these submissions to determine if the proposed transaction is "against the public interest," which could include reduced competition, decreased care quality, limited access to veterinary services, or negative effects on rural or low-income communities. If the attorney general finds the transaction problematic, they can take legal action to block the transaction. The bill aims to protect veterinary care access and prevent potentially harmful consolidations or sales of veterinary practices, with the goal of maintaining quality and affordable veterinary services across different communities. The law will take effect 90 days after being signed, providing time for veterinary clinics and regulatory bodies to prepare for the new reporting requirements.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A9042