PE Legislation Tracker

Requires advance notice and Attorney General review of PE acquisitions of healthcare facilities in California. Gives the AG power to block deals that would harm patient care or access. Signed into law October 2024.

Would prohibit PE-owned childcare centers from receiving federal childcare subsidies unless they meet enhanced transparency and quality standards. Would require disclosure of ownership, fees, and staffing ratios.

Would require PE-owned healthcare facilities in New York to disclose ownership structure, management fees, and quality metrics. Would also mandate 90-day advance notice of facility closures.

Requires ownership transparency for nursing homes, mandates minimum staffing ratios, and increases penalties for quality violations. Targets PE and REIT-owned facilities specifically.

Would cap annual rent increases at manufactured home communities at 3% plus inflation, require 180-day notice before sales, and give residents right of first refusal when PE-backed owners sell communities.

Would make PE firms jointly liable for debts and legal judgments of companies they acquire, ban dividend recapitalizations within 2 years of acquisition, and require PE firms to share profits with employees. Would also mandate disclosure of fees and returns.

Would require PE firms to publicly disclose fees, expenses, and returns for each fund, and mandate reporting of workforce impacts (layoffs, wage changes, benefit cuts) after acquisitions.

Would require PE-owned healthcare facilities to report ownership changes, quality metrics, and staffing levels to HHS. Would ban dividend recapitalizations at healthcare companies and mandate minimum staffing ratios.