Bill
Bill > H4198
MA H4198
MA H4198Relative to entrance fee refund provisions in continuing care agreements and written residency agreements
summary
Introduced
11/02/2023
11/02/2023
In Committee
11/20/2023
11/20/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to entrance fee refund provisions in continuing care agreements and written residency agreements. Elder Affairs.
AI Summary
This bill amends existing laws to require continuing care facilities and written residency agreements that provide for a refundable entrance fee to assign a sequential refund number to a vacated unit among all available units with refundable entrance fees after the conditions for issuing the number are met. Any remaining balance to the resident must be paid based on the order of the sequential refund number, or within one year after the unit has been vacated, whichever occurs first.
Committee Categories
Health and Social Services
Sponsors (5)
Last Action
Accompanied a study order, see H4793 (on 07/11/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H4198 |
| BillText | https://malegislature.gov/Bills/193/H4198.pdf |
Loading...