Assembly Bill A3962

2025-2026 Legislative Session

Requires the commissioner of health to conduct a study considering banning private equity ownership in hospice care

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2025-A3962 (ACTIVE) - Details

Current Committee:
Assembly Health
Law Section:
Public Health Law
Laws Affected:
Add §4016, Pub Health L

2025-A3962 (ACTIVE) - Summary

Requires the commissioner of health to conduct a study considering banning private equity ownership in hospice care and to report the results of such study to the governor and the legislature.

2025-A3962 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3962
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2025
                                ___________
 
 Introduced  by M. of A. FORREST -- read once and referred to the Commit-
   tee on Health
 
 AN ACT to amend the public health law,  in  relation  to  requiring  the
   commissioner  of  health  to conduct a study on banning private equity
   ownership in hospice care
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  public health law is amended by adding a new section
 4016 to read as follows:
   § 4016. STUDY ON PRIVATE EQUITY OWNERSHIP  IN  HOSPICE  CARE.  1.  THE
 COMMISSIONER,  IN  CONSULTATION  WITH  THE  SUPERINTENDENT  OF FINANCIAL
 SERVICES, SHALL CONDUCT  A  STUDY  CONSIDERING  BANNING  PRIVATE  EQUITY
 OWNERSHIP IN HOSPICE CARE IN THE STATE.
   2.  NOT  LATER  THAN  FEBRUARY  FIRST,  TWO THOUSAND TWENTY-SEVEN, THE
 COMMISSIONER SHALL SUBMIT A REPORT ON THE RESULTS OF SUCH STUDY  TO  THE
 ASSEMBLY,  THE  SENATE,  AND  THE GOVERNOR AND MAKE SUCH REPORT PUBLICLY
 AVAILABLE ON THE DEPARTMENT'S WEBSITE.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07360-01-5

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.