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Protecting Healthcare Facilities from Financially Harmful Real Estate Deals with REITs.

This law aims to protect essential medical facilities, such as hospitals and clinics, from real estate sales or lease agreements with investment trusts (REITs) that could weaken their financial stability or endanger public health. It mandates that the Secretary of Health and Human Services review these transactions to ensure healthcare providers remain stable and operational. This provides citizens with greater assurance that local health services will not be compromised due to predatory financial arrangements.
Key points
Prohibits hospitals and other healthcare entities from entering into real estate deals with REITs if the terms threaten their long-term financial health or public safety.
The Department of Health and Human Services (HHS) must review and approve the terms of these property sales or leases before they can proceed.
Imposes civil penalties up to $10,000 per violation and includes tax code changes to reduce financial incentives for REITs to engage in medical property speculation.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2989
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2025-10-08
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Stop MPT Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2989.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-10-08.

What are the main provisions?

Key points include:

  • Prohibits hospitals and other healthcare entities from entering into real estate deals with REITs if the terms threaten their long-term financial health or public safety.
  • The Department of Health and Human Services (HHS) must review and approve the terms of these property sales or leases before they can proceed.
  • Imposes civil penalties up to $10,000 per violation and includes tax code changes to reduce financial incentives for REITs to engage in medical property speculation.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Markey, Edward J. [D-MA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Health Real Estate Taxes