SENATE DOCKET, NO. 2828 FILED ON: 10/30/2023
SENATE . . . . . . . . . . . . . . No.
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The Commonwealth of Massachusetts
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PRESENTED BY:
Jacob R. Oliveira
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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 entrance fee refund provisions in continuing care agreements and written residency agreements.
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PETITION OF:
Name: | District/Address: |
Jacob R. Oliveira | Hampden, Hampshire and Worcester |
Brian M. Ashe | 2nd Hampden |
Angelo J. Puppolo, Jr. | 12th Hampden |
SENATE DOCKET, NO. 2828 FILED ON: 10/30/2023
SENATE . . . . . . . . . . . . . . No.
By Mr. Oliveira, a petition (accompanied by bill) (subject to Joint Rule 12) of Jacob R. Oliveira, Brian M. Ashe and Angelo J. Puppolo, Jr. for legislation relative to entrance fee refund provisions in continuing care agreements and written residency agreements. Elder Affairs. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to entrance fee refund provisions in continuing care agreements and written residency agreements.
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 14 of chapter 19D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after the word “regulation”, in line 18, the following words:- "; provided, that the department shall require, in the case of a written residency agreement that provides for a refundable entrance fee, the facility shall assign a vacated unit a sequential refund number among all the available units with refundable entrance fees after the date that all the conditions for issuing a sequential refund number, as provided in the written residency agreement, are fulfilled. Any balance to the resident shall be payable based upon the order of the sequential refund number, or within 1 year after the unit has been vacated, whichever comes first".
SECTION 2. Section 76 of chapter 93 of the General Laws, as so appearing, is hereby amended by inserting after the word “dies”, in line 137, the following words:- "; provided, however, that in the case of a continuing care agreement that provides for a refundable entrance fee, the facility shall assign a vacated unit a sequential refund number among all the available units with refundable entrance fees after the date that all the conditions for issuing a sequential refund number, as provided in the continuing care agreement, are fulfilled. Any balance to the resident shall be payable based upon the order of the sequential refund number, or within 1 year after the unit has been vacated, whichever comes first".