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MaineLD 985132nd Maine Legislature (2025-2026)SenateWALLET

An Act to Impose a Moratorium on the Ownership or Operation of Hospitals in the State by Private Equity Companies or Real Estate Investment Trusts

Sponsored By: Mike Tipping (Democratic)

Became Law

HEALTH CARE FACILITIESHEALTH CARE FACILITIES - HOSPITALS

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Temporary ban on private equity hospital takeovers in Maine

The law immediately pauses new takeovers of Maine hospitals by private equity firms and real estate investment trusts. These investors cannot acquire or increase direct or indirect ownership, or gain operational or financial control of a hospital. Deals are exempt if a certificate-of-need application was filed by June 1, 2025. The moratorium ends June 15, 2026.

Sponsors & Cosponsors

Sponsor

  • Mike Tipping

    Democratic • Senate

Cosponsors

  • Daniel Shagoury

    Democratic • House

  • Rachel Talbot Ross

    Democratic • Senate

  • Richard A. Bennett

    Independent • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. ACTPUB Chapter 401

    5/1/2026

  2. PASSED TO BE ENACTED - Emergency - 2/3 Elected Required, in concurrence.

    6/10/2025Senate

  3. This being an emergency measure, a two-thirds vote of all the members elected to the House was necessary.PASSED TO BE ENACTED.Sent for concurrence. ORDERED SENT FORTHWITH.

    6/9/2025House

  4. CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (S-299).In concurrence. ORDERED SENT FORTHWITH.

    6/9/2025House

  5. Report READ and ACCEPTED.READ ONCE.Committee Amendment "A" (S-299) READ and ADOPTED.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (S-299).Ordered sent down forthwith for concurrence.

    6/5/2025Senate

  6. CARRIED OVER, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.

    3/21/2025Senate

  7. The Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES.In concurrence. ORDERED SENT FORTHWITH.

    3/11/2025House

  8. Committee on HEALTH AND HUMAN SERVICES suggested and ordered printed On motion by Senator INGWERSEN of York REFERENCE to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES Ordered sent down forthwith for concurrence

    3/11/2025Senate

Bill Text

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