The Stop MPT Act would bar a health care entity or a for-profit firm that owns or is affiliated with one from selling real estate to, or leasing real estate from, a real estate investment trust when the deal could weaken the entity’s long-term finances or put public health at risk. The Department of Health and Human Services would review proposed deals and decide whether they meet that standard. States could enforce the requirements; if a state does not substantially enforce them, the Department could step in and impose a penalty of up to $10,000 per violation. The Act would also change federal tax rules for rent from qualified health care property received by real estate investment trusts.
The bill could affect health care providers, the firms that own or are affiliated with them, and real estate investment trusts involved in certain property sales or leases. The text does not describe direct changes to patient services or benefits.
The bill allows a civil penalty of up to $10,000 per violation. No publicly available information is provided about other costs or the financial effects of the tax changes.
No publicly available information.
No publicly available information.