HOUSE DOCKET, NO. 2019        FILED ON: 2/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 746

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Kay Khan

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to disclosing continuing care retirement community entrance fees.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Kay Khan

11th Middlesex

2/15/2021

Joan B. Lovely

Second Essex

3/1/2021

Brian W. Murray

10th Worcester

3/11/2021

Natalie M. Higgins

4th Worcester

9/3/2021


HOUSE DOCKET, NO. 2019        FILED ON: 2/16/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 746

By Ms. Khan of Newton, a petition (accompanied by bill, House, No. 746) of Kay Khan, Joan B. Lovely and Brian W. Murray relative to contracts for continuing care retirement communities.  Elder Affairs.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 617 OF 2019-2020.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act relative to disclosing continuing care retirement community entrance fees.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 76 of chapter 93 of the General Laws is hereby amended by adding, after paragraph (c)(8), the following new paragraph:-

(9) In addition to the requirements otherwise set forth herein, the provider shall give every prospective resident a separate document captioned "Disclosure of Entrance Fee Refund" that clearly states (a) the amount of the entrance fee to be refunded to the resident under the provider's contract, pursuant to paragraph (4) hereof; and (b) the terms, conditions and explanation of the process by which the provider shall make such refund to the resident when the resident leaves the facility or dies. The resident shall sign this statement prior to paying the full entrance fee to the provider. This requirement shall not apply to any fee paid to get on a waiting list for a continuing care retirement community.