ID S1042

Removes "lease" from the list of changes that require facility relicensing, so a change of lease no longer triggers the need for relicensing.

Retains relicensing requirements for changes of operator, ownership, or location.

Requires significant changes in an owner's share of the facility to be communicated to the licensing agency within 60 days if they do not alter overall ownership or operation.

Specifies that when an owner contracts facility operation to a management company (other than temporary management), it is treated as a change of operator requiring relicensing.