MA H1221

Prohibits new Commonwealth pension fund investments in banks or financial institutions that have loans to private equity firms or real estate investment trusts (REITs) that own or invest in skilled nursing facilities or hospices

Prohibits new pension fund investments in stocks, securities, or other obligations of companies engaged in private equity or REIT ownership of skilled nursing facilities or hospices

Requires safety and disciplinary records of skilled nursing facilities and assisted living residences to transfer when facilities change names, regardless of ownership changes

Mandates the department publish both current and previous facility names along with safety/disciplinary records on its website, and requires facilities to post this information on their own websites and social media

Authorizes penalties for skilled nursing facilities or assisted living residences that fail to comply with name change notification requirements or ownership change requirements under Chapter 197 of the Acts of 2024