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Bill > A09471
NY A09471
NY A09471Relates to conditions under which non-public residential health care facilities may withdraw equity or assets totaling five percent of total reported annual revenue for patient care services without prior notification to the commissioner of health.
summary
Introduced
01/07/2026
01/07/2026
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the public health law, in relation to conditions under which non-public residential health care facilities may withdraw equity or assets totaling five percent of total reported annual revenue for patient care services without prior notification; and to amend a chapter of the laws of 2025 amending the public health law relating to equity withdrawals by non-public residential health care facilities, as proposed in legislative bills numbers S. 5369 and A. 2051, in relation to the effectiveness thereof
AI Summary
This bill modifies existing law to allow non-public residential health care facilities to withdraw up to five percent of their total reported annual revenue for patient care services without needing prior notification to the commissioner of health, provided certain conditions are met. These conditions include demonstrating compliance with minimum staffing levels for the two preceding quarters for which data is available, not being in a special focus facility program or subject to a payment denial by the Centers for Medicare & Medicaid Services (CMS), and not having faced enforcement actions from the Department of Health or CMS in the past eighteen months that resulted in a deficiency finding. The bill also clarifies the effective date of these changes, aligning them with a related 2025 law concerning equity withdrawals.
Committee Categories
Health and Social Services
Sponsors (2)
Last Action
Companion passed 2026-02-13 (on 02/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A9471 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A09471&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A09471 |
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