Introduced
by
To repeal a law regulating the terms and sale of life estates, life leases, and long-term leases in nursing homes, retirement homes, homes for the aged, and foster care facilities, and replace it with a new law that styles these contracts as “continuing care agreements” and “continuing care communities,” which can also include independent living units and adult foster care facilities. The bill would impose detailed registration and disclosure requirements for entities that make such offers, and regulate the terms they offer.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Regulatory Reform
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Amendment offered
by
To add a reference to nursing home response plans for power outages.
The amendment passed by voice vote
Passed in the House 108 to 0 (details)
To repeal a law regulating the terms and sale of life estates, life leases, and long-term leases in nursing homes, retirement homes, homes for the aged, and foster care facilities, and replace it with a new law that styles these contracts as “continuing care agreements” and “continuing care communities,” which can also include independent living units and adult foster care facilities. The bill would impose detailed registration and disclosure requirements for entities that make such offers, and regulate the terms they offer.
Passed in the Senate 37 to 0 (details)
To concur with the House-passed version of the bill.
