AB 3129 (Wood, D-Healdsburg)
Oppose
Passed the Senate floor on Aug. 31. The Assembly agreed to Senate amendments on Aug. 31. Pending the governor’s action.
AB 3129 would require hedge funds and private equity groups to notify and receive prior approval from the attorney general when entering into a transaction with a health care facility or provider group, with some exemptions. Recent amendments were intended to exempt hospitals, but CHA’s technical concerns remain unaddressed.