summary
Introduced
02/04/2026
02/04/2026
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Requiring a provider of a continuing care retirement community to pay any contractual entrance fee refund not later than 2 years after a continuing care agreement is terminated.
AI Summary
This bill amends existing law to require providers of continuing care retirement communities, which are facilities offering housing, meals, and healthcare services to residents, to pay any contractual entrance fee refund to a resident or their estate within two years of the continuing care agreement being terminated, regardless of whether the resident's unit has been reoccupied by a new resident.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate Finance Hearing (13:00:00 2/27/2026 ) (on 02/27/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0560?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/sb/sb0560f.pdf |
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