BillTrack50 logo
Free Signup Login
Bill

Bill > S08802

NY S08802

NY S08802
Amends provisions for oversight of continuing care retirement communities.

summary

Introduced
01/08/2026
In Committee
01/20/2026
Crossed Over
01/21/2026
Passed
02/13/2026
Dead
Signed/Enacted/Adopted
02/13/2026

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public health law and the insurance law, in relation to oversight of continuing care retirement communities; to amend a chapter of the laws of 2025 amending the public health law and the insurance law relating to promoting efficient and effective oversight of continuing care retirement communities and repealing certain provisions of such law relating thereto, as proposed in legislative bills numbers S. 4585 and A. 1464-A, in relation to the effectiveness thereof; and to repeal certain provisions of such chapter of the laws of 2025 relating thereto

AI Summary

This bill amends provisions for the oversight of continuing care retirement communities (CCRCs) by shifting certain regulatory responsibilities from the Commissioner of Health to the Superintendent of Financial Services, particularly concerning financial feasibility, actuarial principles, and contract rates. It clarifies the powers and duties of the Commissioner and the Continuing Care Retirement Community Council, emphasizing the council's advisory role. The bill also streamlines the application process for CCRCs, including those offering "continuing care at home" contracts, and mandates joint review by both the Department of Health and the Department of Financial Services for certain aspects. Additionally, it repeals specific sections of a 2025 law related to CCRCs and adjusts the effective dates of certain provisions to align with that prior legislation.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

SIGNED CHAP.76 (on 02/13/2026)
(1 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...