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CS/SB 622: Continuing Care Contracts

GENERAL BILL by Banking and Insurance ; Yarborough

Continuing Care Contracts; Revising a requirement for specified information that must be submitted by a provider applying for expansion of a certificated continuing care facility; revising financial institutions in which escrow accounts must be established; revising the timeframe during which the office may exempt certain providers from certain regulatory actions; providing that certain documents relating to a provider’s debt service reserve must require certain notice to the office before the withdrawal of debt service reserve funds; specifying the authority of residents’ councils and the eligibility of persons to participate in residents’ council matters, etc.

Effective Date: 7/1/2023
Last Action: 5/3/2023 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 1573 (Ch. 2023-295) -SJ 731
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/9/2023 Senate • Filed
2/16/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/7/2023 Senate • Introduced
3/31/2023 Senate • On Committee agenda-- Banking and Insurance, 04/05/23, 8:30 am, 412 Knott Building
4/5/2023 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0
4/7/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
4/11/2023 Senate • CS by Banking and Insurance read 1st time
4/13/2023 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 04/18/23, 12:00 pm, 110 Senate Building
4/18/2023 Senate • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 14 NAYS 0
4/19/2023 Senate • Now in Fiscal Policy
4/20/2023 Senate • On Committee agenda-- Fiscal Policy, 04/25/23, 10:00 am, 412 Knott Building
4/25/2023 Senate • Favorable by- Fiscal Policy; YEAS 20 NAYS 0
4/26/2023 Senate • Placed on Calendar, on 2nd reading
5/1/2023 Senate • Placed on Special Order Calendar, 05/03/23
5/3/2023 Senate • Read 2nd time -SJ 731
• Substituted CS/CS/HB 1573 -SJ 731
• Laid on Table, companion bill(s) passed, see CS/CS/HB 1573 (Ch. 2023-295) -SJ 731