Bill

Bill > S368


MA S368

Relative to disclosing continuing care retirement community entrance fees


summary

Introduced
01/22/2019
In Committee
06/25/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to disclosing continuing care retirement community entrance fees. Elder Affairs.

AI Summary

This bill amends the General Laws of Massachusetts to require continuing care retirement community providers to give prospective residents a separate document that clearly states the amount of the entrance fee that will be refunded to the resident, as well as the terms, conditions, and explanation of the process for making such refund. This requirement does not apply to any fee paid to get on a waiting list for a continuing care retirement community.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (11)

Last Action

Read and referred to the committee on Senate Ways and Means (on 06/25/2020)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...