Bill Text: MN HF1721 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Hospitals sold or transferred to an out-of-state entity's charitable assets received from the state must be returned to the general fund.
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2013-04-11 - Motion to recall and re-refer to Commerce and Consumer Protection Finance and Policy [HF1721 Detail]
Download: Minnesota-2013-HF1721-Introduced.html
1.2relating to health; transfer of control of certain hospitals licensed in the state
1.3to out-of-state entities.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RETURN OF CHARITABLE ASSETS.
1.6If a hospital system organized as a charitable institution, which includes the
1.7University of Minnesota Medical Center, sells or transfers control to an out-of-state
1.8nonprofit entity or any for-profit entity, any charitable assets the hospital system has
1.9received from the state must be returned to the general fund.
1.3to out-of-state entities.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RETURN OF CHARITABLE ASSETS.
1.6If a hospital system organized as a charitable institution, which includes the
1.7University of Minnesota Medical Center, sells or transfers control to an out-of-state
1.8nonprofit entity or any for-profit entity, any charitable assets the hospital system has
1.9received from the state must be returned to the general fund.
