Connecticut HB5316: AN ACT PROHIBITING REAL ESTATE INVESTMENT TRUSTS FROM ACQUIRING OR INCREASING OPERATIONAL CONTROL OVER HOSPITALS OR HEALTH SYSTEMS AND PROHIBITING HOSPITALS AND HEALTH SYSTEMS FROM ENTERING INTO SALE-LEASEBACK FINANCING TRANSACTIONS.

What the bill says

An act prohibiting real estate investment trusts from acquiring or increasing operational control over hospitals or health systems and prohibiting hospitals and health systems from entering into sale-leaseback financing transactions. assembly convened.

From the introduced text:

AN ACT PROHIBITING REAL ESTATE INVESTMENT TRUSTS FROM ACQUIRING OR INCREASING OPERATIONAL CONTROL OVER HOSPITALS OR HEALTH SYSTEMS AND PROHIBITING HOSPITALS AND HEALTH SYSTEMS FROM ENTERING INTO SALE-LEASEBACK FINANCING TRANSACTIONS. Assembly convened: Section 1. (NEW) (Effective October 1, 2026) (a) As used in this section: (1) "Health system" means: (A) A parent corporation of one or more hospitals and any entity affiliated with such parent corporation through ownership, governance, membership or other means; or (B) a hospital or any entity affiliated with such hospital through ownership, governance, membership or other means; (2) "Hospital" has the same meaning as provided in section 19a-646 of the general statutes; (3) "Main campus of a hospital" means the licensed premises within which the majority of inpatient beds are located; (4) "Operational control" means to: (A) Influence or direct the actions LCO No. 2050 1 of Raised Bill No. 5316 or policies of any part of a hospital or health system; or (B) choose, appoint or terminate a member of the board, manager, managing member, senior employee, consultant or other individual or entity that participates in the operational oversight of a hospital or health system; (5) "Person" has the same meaning as provided in section 1-79 of the general statutes; (6) "Real estate investment trust" has the same meaning as provided in 26 USC 856, …

Read the full official text

Sponsors

• Tom Delnicki (R, 14) · primary sponsor
• Martin Looney (D, 11)
• Fred Gee (D, 126)
• Eric Berthel (R, 32)

Latest actions

1. March 31, 2026: Referred by House to Committee on Public Health
2. March 24, 2026: File Number 141
3. March 24, 2026: House Calendar Number 121
4. March 24, 2026: Favorable Report, Tabled for the Calendar, House
5. March 24, 2026: Reported Out of Legislative Commissioners' Office
6. March 18, 2026: Referred to Office of Legislative Research and Office of Fiscal Analysis 03/23/26 5:00 PM
7. March 10, 2026: Filed with Legislative Commissioners' Office
8. March 10, 2026: Joint Favorable
9. February 27, 2026: Public Hearing 03/03
10. February 26, 2026: Referred to Joint Committee on Banking

Votes

• BA Vote Tally Sheet (Joint Favorable) (March 10, 2026): 13 yea, 0 nay, passed

Common questions

What is HB5316?

HB5316 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT PROHIBITING REAL ESTATE INVESTMENT TRUSTS FROM ACQUIRING OR INCREASING OPERATIONAL CONTROL OVER HOSPITALS OR HEALTH SYSTEMS AND PROHIBITING HOSPITALS AND HEALTH SYSTEMS FROM ENTERING INTO SALE-LEASEBACK FINANCING TRANSACTIONS.

What does HB5316 do?

In its own words: An act prohibiting real estate investment trusts from acquiring or increasing operational control over hospitals or health systems and prohibiting hospitals and health systems from entering into sale-leaseback financing transactions. assembly convened.

What is the status of HB5316?

In committee as of March 24, 2026. Latest action: Referred by House to Committee on Public Health (March 31, 2026).

Who sponsored HB5316?

Tom Delnicki (R, 14), with 3 co-sponsors.

Where is the official record for HB5316?

On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05316&which_year=2026