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Glossary of Legislative Terms

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
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)

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  • 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

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  • CS/SB 622, Committee Substitute 1 (Current Bill Version) Posted 4/7/2023 at 12:34 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Committee on Agriculture, Environment, and General Government (Pre-Meeting) 4/17/2023 (pdf)
    Appropriations Committee on Agriculture, Environment, and General Government (Post-Meeting) 4/19/2023 (pdf)
    Fiscal Policy (Pre-Meeting) 4/24/2023 (pdf)
    Fiscal Policy (Post-Meeting) 4/26/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1573 (er) Continuing Care Providers Insurance & Banking Subcommittee Similar Last Action: 6/27/2023 Chapter No. 2023-295 Track This Bill

    Committee Votes (2)

    Date Committee Result
    4/18/2023 12:00 PM Appropriations Committee on Agriculture, Environment, and General Government 14 Yeas - 0 Nays
    4/25/2023 10:00 AM Fiscal Policy 20 Yeas - 0 Nays

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    651.011 Definitions. Page 3 (pdf)
    651.012 Exempted facility; written disclosure of exemption. Page 21 (pdf)
    651.0246 Expansions. Page 3 (pdf)
    651.026 Annual reports. Page 7 (pdf)
    651.0261 Quarterly and monthly statements. Page 21 (pdf)
    651.033 Escrow accounts. Page 8 (pdf)
    651.034 Financial and operating requirements for providers. Page 9 (pdf)
    651.035 Minimum liquid reserve requirements. Page 10 (pdf)
    651.055 Continuing care contracts; right to rescind. Page 14 (pdf)
    651.081 Residents’ council. Page 14 (pdf)
    651.083 Residents’ rights. Page 16 (pdf)
    651.085 Quarterly meetings between residents and the governing body of the provider; resident representation before the governing body of the provider. Page 17 (pdf)
    651.091 Availability, distribution, and posting of reports and records; requirement of full disclosure. Page 18 (pdf)
    651.105 Examination. Page 19 (pdf)

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  • SB 622, Original Filed Version Posted 2/9/2023 at 10:00 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 4/3/2023 (pdf)
    Banking and Insurance (Post-Meeting) 4/7/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1573 (c1) Continuing Care Providers Insurance & Banking Subcommittee Similar Last Action: 6/27/2023 Chapter No. 2023-295 Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    528586 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Yarborough)     		4/4/2023
    8:00 AM     		Replaced by Substitute Amendment
    4/7/2023     		Web Page
    PDF
    hierarchy 140214 - Substitute Amendment (Delete All) (528586)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Yarborough)     		4/4/2023
    7:28 PM     		Replaced by Committee Substitute
    4/7/2023     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/5/2023 8:30 AM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    651.011 Definitions. Page 3 (pdf)
    651.012 Exempted facility; written disclosure of exemption. Page 21 (pdf)
    651.0246 Expansions. Page 3 (pdf)
    651.026 Annual reports. Page 7 (pdf)
    651.0261 Quarterly and monthly statements. Page 21 (pdf)
    651.033 Escrow accounts. Page 8 (pdf)
    651.034 Financial and operating requirements for providers. Page 9 (pdf)
    651.035 Minimum liquid reserve requirements. Page 10 (pdf)
    651.055 Continuing care contracts; right to rescind. Page 14 (pdf)
    651.081 Residents’ council. Page 14 (pdf)
    651.083 Residents’ rights. Page 16 (pdf)
    651.085 Quarterly meetings between residents and the governing body of the provider; resident representation before the governing body of the provider. Page 17 (pdf)
    651.091 Availability, distribution, and posting of reports and records; requirement of full disclosure. Page 18 (pdf)
    651.105 Examination. Page 19 (pdf)
    651.118 Agency for Health Care Administration; certificates of need; sheltered beds; community beds.

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