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CS/CS/HB 783: Continuing Care Contracts

GENERAL BILL by Health and Human Services Committee ; Insurance and Banking Subcommittee ; Grant, J. ; Shaw

Continuing Care Contracts; Provides requirements & procedures for notification to administrative entities; consolidated application & material changes to application; restrictions for entrance fees, reservation deposits, & release of escrow moneys; submission & review of applications for simultaneous acquisition of facility & issuance of certificate of authority; monthly & quarterly statements filed with office by providers & facilities; withdrawals from escrow accounts; financial & operating requirements for providers; minimum liquid reserve requirements; approval of change in third-party management; examination & inspections; grounds for discretionary denial, suspension, or revocation of certificate of authority; delinquency proceedings; immediate suspension orders; cease and desist orders; & criminal penalties & injunctive relief.

Effective Date: 1/1/2019
Last Action: 2/19/2018 House - Now in Commerce Committee
Bill Text: PDF



Bill History

Date Chamber Action
11/21/2017 House • Filed
12/8/2017 House • Referred to Insurance and Banking Subcommittee; Health and Human Services Committee; Commerce Committee -HJ 69
1/9/2018 House • Introduced -HJ 68
1/26/2018 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/30/18, 3:30 pm, Sumner Hall
1/30/2018 House • CS by Insurance and Banking Subcommittee; YEAS 12 NAYS 0
2/2/2018 House • Pending review of CS under Rule 7.18(c)
• CS by Insurance and Banking Subcommittee read 1st time -HJ 486
2/5/2018 House • Now in Health and Human Services Committee -HJ 491
2/13/2018 House • On Committee agenda-- Health and Human Services Committee, 02/15/18, 8:30 am, Morris Hall
2/15/2018 House • CS/CS by Health and Human Services Committee; YEAS 19 NAYS 0
2/16/2018 House • Pending review of CS under Rule 7.18(c)
2/19/2018 House • Now in Commerce Committee