Sec. 3. Prohibiting payments from Federal health care programs to entities that sell assets to or use assets as collateral for a loan with a real estate investment trust

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Section 1128(a) of the Social Security Act ( 42 U.S.C. 1320a–7(a) ) is amended by adding at the end the following new paragraph: Any individual or entity that, on or after the date of enactment of this paragraph, sells any assets to, or newly pledges any assets as collateral for a loan with, a real estate investment trust (as defined in section 856(a) of the Internal Revenue Code of 1986). Subparagraph

(A)shall not apply in the case where an individual or entity agreed to pledge an asset as collateral for a loan with a real estate investment trust prior to the date of enactment of this paragraph, including with respect to any future agreement between the individual or entity and the real estate investment trust regarding that same asset. .

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42 USC 1320a–7(a)

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Sec. 3

Prohibiting payments from Federal health care programs to entities that sell assets to or use assets as collateral for a loan with a real estate investment trust

Cite42 USC 1320a–7(a)

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