Nonprofit entities; public meeting prior to disposition of assets. (HB1037)

Introduced By

Del. Danny Marshall (R-Danville)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Sale or conversion of nonprofit hospitals; public hearing. Requires the administrator or owner of any nonprofit hospital that is entering into a contract for sale of the hospital to a for-profit entity to hold a public hearing at least six months before the sale or conversion in the locality where the hospital is located and present the following: (i) any changes to be made in the staffing of the hospital, and (ii) a business plan explaining how the sale or conversion will affect the community. Also, specifies that no member of the nonprofit hospital's board of directors may serve on a newly established private foundation's board of directors. Read the Bill »


Bill Has Passed


01/08/2008Prefiled and ordered printed; offered 01/09/08 084064612
01/08/2008Referred to Committee on Health, Welfare and Institutions
01/17/2008Impact statement from DPB (HB1037)
01/29/2008Reported from Health, Welfare and Institutions with substitute (22-Y 0-N) (see vote tally)
01/29/2008Committee substitute printed 088571612-H1
01/30/2008Read first time
01/31/2008Read second time
01/31/2008Committee substitute agreed to 088571612-H1
01/31/2008Engrossed by House - committee substitute HB1037H1
02/01/2008Read third time and passed House (97-Y 1-N 1-A)
02/01/2008VOTE: --- PASSAGE (97-Y 1-N 1-A) (see vote tally)
02/01/2008Communicated to Senate
02/04/2008Impact statement from DPB (HB1037H1)
02/04/2008Constitutional reading dispensed
02/04/2008Referred to Committee for Courts of Justice
02/12/2008Assigned Courts sub: Civil
02/18/2008Reported from Courts of Justice (15-Y 0-N)
02/19/2008Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/20/2008Read third time
02/20/2008Passed Senate (40-Y 0-N)
02/25/2008Bill text as passed House and Senate (HB1037ER)
02/25/2008Impact statement from DPB (HB1037ER)
02/25/2008Signed by Speaker
02/26/2008Signed by President
03/04/2008G Approved by Governor-Chapter 251 (effective 7/1/08)
03/04/2008G Approved by Governor-Chapter 253 (effective 7/1/08)
03/06/2008G Acts of Assembly Chapter text (CHAP0253)


James Grant writes:

This should also be required of non-profit to another non-profit. Recently in Loudoun, Loudoun Hospital was "sold" to INOVA and is now run by INOVA. There was no business plan or public hearings held, that I am aware of. I believe that the citizens would have been better served by allowing other hospitals to look at "buying" the local hospital. Again the board of directors or administrator was able to move from one organization to another. Hmmmm!!!