S.B. 218 - *SB218* SENATE BILL NO. 218–SENATOR OHRENSCHALL FEBRUARY 19, 2025 ____________ Referred to Committee on Commerce and Labor SUMMARY—Enacts the Uniform Antitrust Pre -Merger Notification Act. (BDR 52-938) FISCAL NOTE: Effect on Local Government: No. Effect on the State: No. ~ EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. AN ACT relating to unfair trade practices; enacting the Uniform Antitrust Pre-Merger Notification Act; and providing other matters properly relating thereto. Legislative Counsel’s Digest: The federal Hart-Scott-Rodino Antitrust Improvements Act of 1976 requires 1 certain persons who intend to engage in certain mergers or acquisitions to file a 2 notification with the Federal Trade Commission and the United States Department 3 of Justice. (15 U.S.C. § 18a) Under existing law, a person who is required to file 4 such a notification for any transaction involving any assets of a group practice or 5 health carrier in this State is required to simultaneously submit a copy of the filing 6 to the Attorney General. (NRS 598A.400) This bill enacts the Uniform Antitrust 7 Pre-Merger Notification Act promulgated by the Uniform Law Commission in 8 2024, which, in general, requires certain additional persons who are required to file 9 a notification under the Hart-Scott-Rodino Act to file that same notification with 10 the Attorney General contemporaneously with the federal filing. 11 Sections 2-11 of this bill define terms for the purposes of the Uniform Act. 12 Section 12 of this bill requires a person who files a notification pursuant to the 13 Hart-Scott-Rodino Act to file a copy of the federal notification form with the 14 Attorney General if: (1) the person has its principal place of business in this State; 15 or (2) the person or a person it controls directly or indirectly had a certain amount 16 of annual net sales of certain goods or services in this State. Section 12 also 17 requires a person to file with the Attorney General a complete electronic copy of 18 any additional documentary material provided with the federal filing: (1) 19 contemporaneously with the federal filing, for a person with its principal place of 20 business in this State; and (2) on request of the Attorney General, for a person who 21 meets the annual net sales threshold. Section 12 further prohibits the Attorney 22 General from charging a fee for such filings. Section 15 of this bill authorizes the 23 Attorney General to seek imposition of a civil penalty if a person fails to submit the 24 required filings and additional documentary material. 25 Sections 13 and 19 of this bill, in general, make such filings confidential 26 subject to certain exceptions. Sections 13 and 14 of this bill authorize limited 27 – 2 – - *SB218* disclosures for investigatory and law enforcement purposes, including: (1) subject 28 to a protective order entered by an agency, court or judicial officer; (2) to the 29 attorney general of another state which has enacted the Uniform Act or an 30 equivalent act with equivalent confidentiality provisions; and (3) to certain federal 31 agencies. Section 16 of this bill requires a court to consider the promotion of 32 uniformity of the law among jurisdictions that enact the Uniform Act in applying 33 and construing the provisions of the Act. 34 Existing law requires a person who is a party to certain reportable health care or 35 health carrier transactions to file a notification with the Attorney General at least 30 36 days before the consummation of the transaction. (NRS 598A.390) Section 17 of 37 this bill provides that the requirement for notification is satisfied if the person is 38 required to file a copy of a filing regarding the transaction with the Attorney 39 General pursuant to section 12 and does so. 40 Section 18 of this bill specifies that the provisions of existing law requiring a 41 person to simultaneously submit to the Attorney General a notification required by 42 the Hart-Scott-Rodino Act for a transaction involving any assets of a group practice 43 or health carrier in this State apply only if the person is not otherwise required to 44 file a copy of the notification with the Attorney General pursuant to the provisions 45 of section 12. 46 THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Title 52 of NRS is hereby amended by adding 1 thereto a new chapter to consist of the provisions set forth as 2 sections 2 to 16, inclusive, of this act. 3 Sec. 2. This chapter may be cited as the Uniform Antitrust 4 Pre-Merger Notification Act. 5 Sec. 3. As used in this chapter, unless the context otherwise 6 requires, the words and terms defined in sections 4 to 11, 7 inclusive, of this act have the meanings ascribed to them in those 8 sections. 9 Sec. 4. “Additional documentary material” means the 10 additional documentary material filed with a Hart-Scott-Rodino 11 form. 12 Sec. 5. “Electronic” means relating to technology having 13 electrical, digital, magnetic, wireless, optical, electromagnetic or 14 similar capabilities. 15 Sec. 6. “Filing threshold” means the minimum size of a 16 transaction that requires the transaction to be reported under the 17 Hart-Scott-Rodino Act in effect when a person files a pre-merger 18 notification. 19 Sec. 7. “Hart-Scott-Rodino Act” means section 201 of the 20 Hart-Scott-Rodino Antitrust Improvements Act of 1976, 15 U.S.C. 21 § 18a, as amended. 22 Sec. 8. “Hart-Scott-Rodino form” means the form filed with 23 a pre-merger notification, excluding additional documentary 24 material. 25 – 3 – - *SB218* Sec. 9. “Person” means an individual, estate, business or 1 nonprofit entity, government or governmental subdivision, agency 2 or instrumentality or other legal entity. 3 Sec. 10. “Pre-merger notification” means a notification filed 4 under the Hart-Scott-Rodino Act with the Federal Trade 5 Commission or the United States Department of Justice Antitrust 6 Division, or a successor agency. 7 Sec. 11. “State” means a state of the United States, the 8 District of Columbia, Puerto Rico, the United States Virgin 9 Islands or any other territory or possession subject to the 10 jurisdiction of the United States. 11 Sec. 12. 1. A person filing a pre-merger notification shall 12 file contemporaneously a complete electronic copy of the Hart-13 Scott-Rodino form with the Attorney General if: 14 (a) The person has its principal place of business in this State; 15 or 16 (b) The person or a person it controls directly or indirectly had 17 annual net sales in this State of the goods or services involved in 18 the transaction of at least 20 percent of the filing threshold. 19 2. A person that files a form under paragraph (a) of 20 subsection 1 shall include with the filing a complete electronic 21 copy of the additional documentary material. 22 3. On request of the Attorney General, a person that filed a 23 form under paragraph (b) of subsection 1 shall provide a complete 24 electronic copy of the additional documentary material to the 25 Attorney General not later than 7 days after receipt of the request. 26 4. The Attorney General may not charge a fee connected with 27 filing or providing the form or additional documentary material 28 under this section. 29 Sec. 13. 1. Except as otherwise provided in subsection 3 or 30 section 14 of this act, the Attorney General may not make public 31 or disclose: 32 (a) A Hart-Scott-Rodino form filed under section 12 of this 33 act; 34 (b) The additional documentary material filed or provided 35 under section 12 of this act; 36 (c) A Hart-Scott-Rodino form or additional documentary 37 material provided by the attorney general of another state; 38 (d) That the form or the additional documentary material were 39 filed or provided under section 12 of this act or provided by the 40 attorney general of another state; or 41 (e) The merger proposed in the form. 42 2. A form, additional documentary material and other 43 information listed in subsection 1 are exempt from disclosure 44 under chapter 239 of NRS. 45 – 4 – - *SB218* 3. Subject to a protective order entered by an agency, court or 1 judicial officer, the Attorney General may disclose a form, 2 additional documentary material or other information listed in 3 subsection 1 in an administrative proceeding or judicial action if 4 the proposed merger is relevant to the proceeding or action. 5 4. This chapter does not: 6 (a) Limit any other confidentiality or information-security 7 obligation of the Attorney General; 8 (b) Preclude the Attorney General from sharing information 9 with the Federal Trade Commission or the United States 10 Department of Justice Antitrust Division, or a successor agency; 11 or 12 (c) Preclude the Attorney General from sharing information 13 with the attorney general of another state that has enacted the 14 Uniform Antitrust Pre-Merger Notification Act or a substantively 15 equivalent act. The other state’s act must include confidentiality 16 provisions at least as protective as the confidentiality provisions of 17 the Uniform Antitrust Pre-Merger Notification Act. 18 Sec. 14. 1. The Attorney General may disclose a Hart-19 Scott-Rodino form and additional documentary material filed or 20 provided under section 12 of this act to the attorney general of 21 another state that enacts the Uniform Antitrust Pre-Merger 22 Notification Act or a substantively equivalent act. The other state’s 23 act must include confidentiality provisions at least as protective as 24 the confidentiality provisions of the Uniform Antitrust Pre-Merger 25 Notification Act. 26 2. At least 2 business days before making a disclosure under 27 subsection 1, the Attorney General shall give notice of the 28 disclosure to the person filing or providing the form or additional 29 documentary material under section 12 of this act. 30 Sec. 15. The Attorney General may seek imposition of a civil 31 penalty of not more than $10,000 per day of noncompliance on a 32 person that fails to comply with subsection 1, 2 or 3 of section 12 33 of this act. A civil penalty imposed under this section is subject to 34 procedural requirements applicable to the Attorney General, 35 including the requirements of due process. 36 Sec. 16. In applying and construing the provisions of this 37 chapter, a court shall consider the promotion of uniformity of the 38 law among jurisdictions that enact the Uniform Antitrust Pre-39 Merger Notification Act. 40 Sec. 17. NRS 598A.390 is hereby amended to read as follows: 41 598A.390 1. Except as otherwise provided in subsection 2, 42 any person conducting business in this State who is a party to a 43 reportable health care or health carrier transaction shall, at least 30 44 days before the consummation of the reportable health care or health 45 – 5 – - *SB218* carrier transaction, submit to the Attorney General a notification on 1 a form prescribed by the Attorney General. The notification must 2 contain the following information, to the extent such information is 3 applicable: 4 (a) A brief description of the nature of the proposed relationship 5 among the parties to the proposed reportable health care or health 6 carrier transaction; 7 (b) The names and specialties of each practitioner working for 8 the group practice that is the subject of the reportable health care or 9 health carrier transaction and who is anticipated to work with the 10 resulting group practice following the effective date of the 11 transaction; 12 (c) The names of the business entities that are anticipated to 13 provide health care services or health carrier services following the 14 effective date of the reportable health care or health carrier 15 transaction; 16 (d) An identification of each anticipated location where health 17 care services or health carrier services are to be provided following 18 the effective date of the reportable health care or health carrier 19 transaction; 20 (e) A description of the services to be provided by practitioners 21 at each location identified pursuant to paragraph (d); and 22 (f) The primary service area to be served by each location 23 identified pursuant to paragraph (d). 24 2. If a person who is a party to a reportable health care or 25 health carrier transaction is required to: 26 (a) Submit a copy of a filing to the Attorney General pursuant to 27 NRS 598A.400 regarding the transaction, the copy of the filing 28 submitted pursuant to NRS 598A.400 satisfies the requirement for 29 notification pursuant to subsection 1. 30 (b) Submit a notification to the Commissioner of Insurance 31 pursuant to NRS 692C.363 regarding the transaction, the person 32 may satisfy the requirement for notification pursuant to subsection 1 33 by simultaneously submitting to the Attorney General a copy of the 34 notification submitted to the Commissioner of Insurance. 35 (c) File a copy of a filing with the Attorney General pursuant 36 to section 12 of this act regarding the transaction, the copy of the 37 filing filed pursuant to section 12 of this act satisfies the 38 requirement for submitting a notification pursuant to 39 subsection 1. 40 Sec. 18. NRS 598A.400 is hereby amended to read as follows: 41 598A.400 1. Any person conducting business in this State 42 that files a notification with the Federal Trade Commission or the 43 United States Department of Justice pursuant to the Hart-Scott-44 Rodino Antitrust Improvements Act of 1976, 15 U.S.C. § 18a 45 – 6 – - *SB218* regarding a transaction that involves any assets of a group practice 1 or health carrier in this State and who is not otherwise required to 2 file a copy of the notification with the Attorney General pursuant 3 to section 12 of this act shall simultaneously submit a copy of the 4 filing to the Attorney General. 5 2. A person that submits a copy of a filing to the Attorney 6 General pursuant to subsection 1 satisfies the requirement for notice 7 set forth in NRS 598A.390. 8 Sec. 19. NRS 239.010 is hereby amended to read as follows: 9 239.010 1. Except as otherwise provided in this section and 10 NRS 1.4683, 1.4687, 1A.110, 3.2203, 41.0397, 41.071, 49.095, 11 49.293, 62D.420, 62D.440, 62E.516, 62E.620, 62H.025, 62H.030, 12 62H.170, 62H.220, 62H.320, 75A.100, 75A.150, 76.160, 78.152, 13 80.113, 81.850, 82.183, 86.246, 86.54615, 87.515, 87.5413, 14 87A.200, 87A.580, 87A.640, 88.3355, 88.5927, 88.6067, 88A.345, 15 88A.7345, 89.045, 89.251, 90.730, 91.160, 116.757, 116A.270, 16 116B.880, 118B.026, 119.260, 119.265, 119.267, 119.280, 17 119A.280, 119A.653, 119A.677, 119B.370, 119B.382, 120A.640, 18 120A.690, 125.130, 125B.140, 126.141, 126.161, 126.163, 126.730, 19 127.007, 127.057, 127.130, 127.140, 127.2817, 128.090, 130.312, 20 130.712, 136.050, 159.044, 159A.044, 164.041, 172.075, 172.245, 21 176.01334, 176.01385, 176.015, 176.0625, 176.09129, 176.156, 22 176A.630, 178.39801, 178.4715, 178.5691, 178.5717, 179.495, 23 179A.070, 179A.165, 179D.160, 180.600, 200.3771, 200.3772, 24 200.5095, 200.604, 202.3662, 205.4651, 209.392, 209.3923, 25 209.3925, 209.419, 209.429, 209.521, 211A.140, 213.010, 213.040, 26 213.095, 213.131, 217.105, 217.110, 217.464, 217.475, 218A.350, 27 218E.625, 218F.150, 218G.130, 218G.240, 218G.350, 218G.615, 28 224.240, 226.462, 226.796, 228.270, 228.450, 228.495, 228.570, 29 231.069, 231.1285, 231.1473, 232.1369, 233.190, 237.300, 30 239.0105, 239.0113, 239.014, 239B.026, 239B.030, 239B.040, 31 239B.050, 239C.140, 239C.210, 239C.230, 239C.250, 239C.270, 32 239C.420, 240.007, 241.020, 241.030, 241.039, 242.105, 244.264, 33 244.335, 247.540, 247.545, 247.550, 247.560, 250.087, 250.130, 34 250.140, 250.145, 250.150, 268.095, 268.0978, 268.490, 268.910, 35 269.174, 271A.105, 281.195, 281.805, 281A.350, 281A.680, 36 281A.685, 281A.750, 281A.755, 281A.780, 284.4068, 284.4086, 37 286.110, 286.118, 287.0438, 289.025, 289.080, 289.387, 289.830, 38 293.4855, 293.5002, 293.503, 293.504, 293.558, 293.5757, 293.870, 39 293.906, 293.908, 293.909, 293.910, 293B.135, 293D.510, 331.110, 40 332.061, 332.351, 333.333, 333.335, 338.070, 338.1379, 338.1593, 41 338.1725, 338.1727, 348.420, 349.597, 349.775, 353.205, 42 353A.049, 353A.085, 353A.100, 353C.240, 353D.250, 360.240, 43 360.247, 360.255, 360.755, 361.044, 361.2242, 361.610, 365.138, 44 366.160, 368A.180, 370.257, 370.327, 372A.080, 378.290, 378.300, 45 – 7 – - *SB218* 379.0075, 379.008, 379.1495, 385A.830, 385B.100, 387.626, 1 387.631, 388.1455, 388.259, 388.501, 388.503, 388.513, 388.750, 2 388A.247, 388A.249, 391.033, 391.035, 391.0365, 391.120, 3 391.925, 392.029, 392.147, 392.264, 392.271, 392.315, 392.317, 4 392.325, 392.327, 392.335, 392.850, 393.045, 394.167, 394.16975, 5 394.1698, 394.447, 394.460, 394.465, 396.1415, 396.1425, 396.143, 6 396.159, 396.3295, 396.405, 396.525, 396.535, 396.9685, 7 398A.115, 408.3885, 408.3886, 408.3888, 408.5484, 412.153, 8 414.280, 416.070, 422.2749, 422.305, 422A.342, 422A.350, 9 425.400, 427A.1236, 427A.872, 427A.940, 432.028, 432.205, 10 432B.175, 432B.280, 432B.290, 432B.4018, 432B.407, 432B.430, 11 432B.560, 432B.5902, 432C.140, 432C.150, 433.534, 433A.360, 12 439.4941, 439.4988, 439.5282, 439.840, 439.914, 439A.116, 13 439A.124, 439B.420, 439B.754, 439B.760, 439B.845, 440.170, 14 441A.195, 441A.220, 441A.230, 442.330, 442.395, 442.735, 15 442.774, 445A.665, 445B.570, 445B.7773, 449.209, 449.245, 16 449.4315, 449A.112, 450.140, 450B.188, 450B.805, 453.164, 17 453.720, 458.055, 458.280, 459.050, 459.3866, 459.555, 459.7056, 18 459.846, 463.120, 463.15993, 463.240, 463.3403, 463.3407, 19 463.790, 467.1005, 480.535, 480.545, 480.935, 480.940, 481.063, 20 481.091, 481.093, 482.170, 482.368, 482.5536, 483.340, 483.363, 21 483.575, 483.659, 483.800, 484A.469, 484B.830, 484B.833, 22 484E.070, 485.316, 501.344, 503.452, 522.040, 534A.031, 561.285, 23 571.160, 584.655, 587.877, 598.0964, 598.098, 598A.110, 24 598A.420, 599B.090, 603.070, 603A.210, 604A.303, 604A.710, 25 604D.500, 604D.600, 612.265, 616B.012, 616B.015, 616B.315, 26 616B.350, 618.341, 618.425, 622.238, 622.310, 623.131, 623A.137, 27 624.110, 624.265, 624.327, 625.425, 625A.185, 628.418, 628B.230, 28 628B.760, 629.043, 629.047, 629.069, 630.133, 630.2671, 29 630.2672, 630.2673, 630.2687, 630.30665, 630.336, 630A.327, 30 630A.555, 631.332, 631.368, 632.121, 632.125, 632.3415, 31 632.3423, 632.405, 633.283, 633.301, 633.427, 633.4715, 633.4716, 32 633.4717, 633.524, 634.055, 634.1303, 634.214, 634A.169, 33 634A.185, 634B.730, 635.111, 635.158, 636.262, 636.342, 637.085, 34 637.145, 637B.192, 637B.288, 638.087, 638.089, 639.183, 35 639.2485, 639.570, 640.075, 640.152, 640A.185, 640A.220, 36 640B.405, 640B.730, 640C.580, 640C.600, 640C.620, 640C.745, 37 640C.760, 640D.135, 640D.190, 640E.225, 640E.340, 641.090, 38 641.221, 641.2215, 641A.191, 641A.217, 641A.262, 641B.170, 39 641B.281, 641B.282, 641C.455, 641C.760, 641D.260, 641D.320, 40 642.524, 643.189, 644A.870, 645.180, 645.625, 645A.050, 41 645A.082, 645B.060, 645B.092, 645C.220, 645C.225, 645D.130, 42 645D.135, 645G.510, 645H.320, 645H.330, 647.0945, 647.0947, 43 648.033, 648.197, 649.065, 649.067, 652.126, 652.228, 653.900, 44 654.110, 656.105, 657A.510, 661.115, 665.130, 665.133, 669.275, 45 – 8 – - *SB218* 669.285, 669A.310, 670B.680, 671.365, 671.415, 673.450, 673.480, 1 675.380, 676A.340, 676A.370, 677.243, 678A.470, 678C.710, 2 678C.800, 679B.122, 679B.124, 679B.152, 679B.159, 679B.190, 3 679B.285, 679B.690, 680A.270, 681A.440, 681B.260, 681B.410, 4 681B.540, 683A.0873, 685A.077, 686A.289, 686B.170, 686C.306, 5 687A.060, 687A.115, 687B.404, 687C.010, 688C.230, 688C.480, 6 688C.490, 689A.696, 692A.117, 692C.190, 692C.3507, 692C.3536, 7 692C.3538, 692C.354, 692C.420, 693A.480, 693A.615, 696B.550, 8 696C.120, 703.196, 704B.325, 706.1725, 706A.230, 710.159, 9 711.600, section 13 of this act, sections 35, 38 and 41 of chapter 10 478, Statutes of Nevada 2011 and section 2 of chapter 391, Statutes 11 of Nevada 2013 and unless otherwise declared by law to be 12 confidential, all public books and public records of a governmental 13 entity must be open at all times during office hours to inspection by 14 any person, and may be fully copied or an abstract or memorandum 15 may be prepared from those public books and public records. Any 16 such copies, abstracts or memoranda may be used to supply the 17 general public with copies, abstracts or memoranda of the records or 18 may be used in any other way to the advantage of the governmental 19 entity or of the general public. This section does not supersede or in 20 any manner affect the federal laws governing copyrights or enlarge, 21 diminish or affect in any other manner the rights of a person in any 22 written book or record which is copyrighted pursuant to federal law. 23 2. A governmental entity may not reject a book or record 24 which is copyrighted solely because it is copyrighted. 25 3. A governmental entity that has legal custody or control of a 26 public book or record shall not deny a request made pursuant to 27 subsection 1 to inspect or copy or receive a copy of a public book or 28 record on the basis that the requested public book or record contains 29 information that is confidential if the governmental entity can 30 redact, delete, conceal or separate, including, without limitation, 31 electronically, the confidential information from the information 32 included in the public book or record that is not otherwise 33 confidential. 34 4. If requested, a governmental entity shall provide a copy of a 35 public record in an electronic format by means of an electronic 36 medium. Nothing in this subsection requires a governmental entity 37 to provide a copy of a public record in an electronic format or by 38 means of an electronic medium if: 39 (a) The public record: 40 (1) Was not created or prepared in an electronic format; and 41 (2) Is not available in an electronic format; or 42 (b) Providing the public record in an electronic format or by 43 means of an electronic medium would: 44 (1) Give access to proprietary software; or 45 – 9 – - *SB218* (2) Require the production of information that is confidential 1 and that cannot be redacted, deleted, concealed or separated from 2 information that is not otherwise confidential. 3 5. An officer, employee or agent of a governmental entity who 4 has legal custody or control of a public record: 5 (a) Shall not refuse to provide a copy of that public record in the 6 medium that is requested because the officer, employee or agent has 7 already prepared or would prefer to provide the copy in a different 8 medium. 9 (b) Except as otherwise provided in NRS 239.030, shall, upon 10 request, prepare the copy of the public record and shall not require 11 the person who has requested the copy to prepare the copy himself 12 or herself. 13 Sec. 20. 1. The provisions of this act apply only to a pre-14 merger notification filed on or after October 1, 2025. 15 2. As used in this section, “pre-merger notification” has the 16 meaning ascribed to it in section 10 of this act. 17 H