Stop Private Equity Harms Resolution

Key Points

• This resolution argues that private equity firms are making life more expensive by buying up essential services. It highlights how corporate ownership in housing, childcare, and healthcare often leads to higher prices and worse service for everyday people.
• The proposal calls for a ban on using taxpayer money to help big investment firms buy single-family homes. It also suggests that tenants living in corporate-owned housing should have a right to a lawyer if they are being evicted.
• In the healthcare sector, the resolution seeks to set higher safety standards and better pay for staff at nursing homes and hospitals. It notes that corporate-owned facilities often see more medical errors and higher patient death rates.
• The plan encourages the government to support local nonprofits and community businesses instead of large corporations. It also demands that these big firms be more transparent about what they own so the public knows who is in charge.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.