Stop MPT Act

This bill would bar hospitals, physician practices, nursing facilities, and other health care providers, along with for-profit companies that own them, from selling property to or leasing property from a real estate investment trust if the terms would weaken the provider's long-term finances or put public health at risk. Providers or their owners would have to submit the terms of such deals to the Secretary of Health and Human Services for review. States could enforce these rules, and the Secretary would enforce them where a state does not, with civil fines of up to $10,000 per violation. The bill would also change the federal tax code so that money a real estate investment trust receives from qualified health care property no longer counts as rent from real property, starting with tax years after the law is enacted.

Full text and official record on Congress.gov

Sponsors

• Edward J. Markey Democrat sponsor
• 2 cosponsors