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Committee advances CCRC registration changes, adopts disclosure amendment; recorded roll call 15-4
Summary
Substitute Senate Bill 5691 was amended to require registration applications for continuing care retirement communities to state whether residency agreements include entrance fees and whether those fees cover future care; the measure passed out of committee 15-4 on a recorded roll call after debate over Consumer Protection Act enforcement.
The Health Care & Wellness Committee voted to report substitute Senate Bill 5691 out of committee with a do-pass-as-amended recommendation after adopting amendment Blake 250. The amendment requires applications to register as a continuing care retirement community (CCRC) to include a written statement indicating whether the residency agreement includes an entrance fee in lieu of payment for future care and services and whether those services are fully or partially covered.
Representative Macri moved the amendment Blake 250 and said it would “provide some more information about the types of contracts, including whether or not the…
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