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2 | 2 | | HOUSE DOCKET, NO. 1015 FILED ON: 1/17/2023 |
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3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 635 |
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4 | 4 | | The Commonwealth of Massachusetts |
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5 | 5 | | _________________ |
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6 | 6 | | PRESENTED BY: |
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7 | 7 | | Kay Khan |
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8 | 8 | | _________________ |
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9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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10 | 10 | | Court assembled: |
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11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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12 | 12 | | An Act relative to disclosing continuing care retirement community entrance fees. |
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13 | 13 | | _______________ |
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14 | 14 | | PETITION OF: |
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15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Kay Khan11th Middlesex1/16/2023 1 of 1 |
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16 | 16 | | HOUSE DOCKET, NO. 1015 FILED ON: 1/17/2023 |
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17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 635 |
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18 | 18 | | By Representative Khan of Newton, a petition (accompanied by bill, House, No. 635) of Kay |
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19 | 19 | | Khan relative to contracts for continuing care retirement communities. Elder Affairs. |
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20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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21 | 21 | | SEE HOUSE, NO. 746 OF 2021-2022.] |
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22 | 22 | | The Commonwealth of Massachusetts |
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23 | 23 | | _______________ |
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24 | 24 | | In the One Hundred and Ninety-Third General Court |
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25 | 25 | | (2023-2024) |
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26 | 26 | | _______________ |
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27 | 27 | | An Act relative to disclosing continuing care retirement community entrance fees. |
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28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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29 | 29 | | of the same, as follows: |
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30 | 30 | | 1 SECTION 1. Section 76 of chapter 93 of the General Laws is hereby amended by adding, |
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31 | 31 | | 2after paragraph (c)(8), the following new paragraph:- |
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32 | 32 | | 3 (9) In addition to the requirements otherwise set forth herein, the provider shall give |
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33 | 33 | | 4every prospective resident a separate document captioned "Disclosure of Entrance Fee Refund" |
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34 | 34 | | 5that clearly states (a) the amount of the entrance fee to be refunded to the resident under the |
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35 | 35 | | 6provider's contract, pursuant to paragraph (4) hereof; and (b) the terms, conditions and |
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36 | 36 | | 7explanation of the process by which the provider shall make such refund to the resident when the |
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37 | 37 | | 8resident leaves the facility or dies. The resident shall sign this statement prior to paying the full |
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38 | 38 | | 9entrance fee to the provider. This requirement shall not apply to any fee paid to get on a waiting |
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39 | 39 | | 10list for a continuing care retirement community. |
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