CS/CS/HB 1573: Continuing Care Providers
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Persons-Mulicka ; (CO-INTRODUCERS) Benjamin
Continuing Care Providers; Revises conditions for release of certain escrowed funds to providers; revises information required to be contained in certain providers' financial reports in their annual reports; revises list of financial institutions in which escrow accounts for certain providers' funds must be established; revises condition under which provider may hold & not deposit resident's check for specified period; specifies requirements for notice & for certain plans to replenish withdrawn funds; revises calculation of minimum liquid reserve requirements for certain facilities; revises requirements for letters of credit which satisfy minimum liquid reserve requirements; revises circumstances under which provider may withdraw funds held in escrow without office's approval; specifies that forfeiture penalty may be deducted from certain resident refunds; provides reporting & notice requirements for continuing care facilities; provides disclosure requirement for providers to prospective residents or their legal representatives.
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/6/2023 | House |
• Filed |
| 3/7/2023 | House |
• 1st Reading (Original Filed Version) |
| 3/9/2023 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Health & Human Services Committee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/23/2023 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 3/27/2023 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 3/28/2023 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 3/29/2023 | House |
• Original reference removed: Health & Human Services Committee • Referred to Commerce Committee • Now in Commerce Committee • 1st Reading (Committee Substitute 1) |
| 4/13/2023 | House |
• Added to Commerce Committee agenda |
| 4/18/2023 | House |
• Favorable with CS by Commerce Committee |
| 4/19/2023 | House |
• Reported out of Commerce Committee |
| 4/20/2023 | House |
• Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 2) |
| 4/21/2023 | House |
• Bill referred to House Calendar • Added to Second Reading Calendar |
| 4/24/2023 | House |
• Bill added to Special Order Calendar (4/27/2023) |
| 4/27/2023 | House |
• Read 2nd time • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 113, NAYS 1 |
| 4/27/2023 | Senate |
• In Messages • Referred to Fiscal Policy • Received |
| 5/3/2023 | Senate |
• Withdrawn from Fiscal Policy -SJ 731 • Placed on Calendar, on 2nd reading • Substituted for CS/SB 622 -SJ 731 • Read 2nd time -SJ 731 • Placed on 3rd reading |
| 5/4/2023 | Senate |
• Read 3rd time -SJ 819 • CS passed; YEAS 39 NAYS 0 -SJ 819 |
| 5/4/2023 | House |
• In Messages • Ordered enrolled |
| 6/14/2023 |
• Signed by Officers and presented to Governor |
|
| 6/26/2023 |
• Approved by Governor |
|
| 6/27/2023 |
• Chapter No. 2023-295 |
