Bill
Bill > H746
summary
Introduced
03/29/2021
03/29/2021
In Committee
05/02/2022
05/02/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to contracts for continuing care retirement communities. Elder Affairs.
AI Summary
This bill requires 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 upon leaving the facility or passing away, as well as the terms, conditions, and explanation of the refund process. This disclosure must be signed by the resident prior to paying the full entrance fee. This requirement does not apply to fees paid to get on a waiting list for a continuing care retirement community.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (4)
Last Action
No further action taken (on 01/03/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H746 |
| Bill | https://malegislature.gov/Bills/192/H746.pdf |
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