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December 17, 2025 Clouds | 44°F
The 194th General Court of the Commonwealth of Massachusetts

Bill S.478 194th (Current)

An Act relative to disclosing continuing care retirement community entrance fees

By Ms. Lovely, a petition (accompanied by bill, Senate, No. 478) of Joan B. Lovely, Jason M. Lewis, Brendan P. Crighton, Natalie M. Higgins and other members of the General Court for legislation relative to disclosing continuing care retirement community entrance fees. Elder Affairs.

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Bill Information

Presenter:
Joan B. Lovely
Status:
Referred to Joint Committee on Aging and Independence
-Amends GL 93:76 (Sale of life leases and long-term leases in nursing homes, retirement homes and homes for aged) to require providers to give prospective residents 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; -and (b) the terms, conditions and explanation of the process by which the provider will make such refund to the resident after the resident leaves the facility or dies; -requires that said resident sign this statement prior to paying the full entrance fee to the provider; -provides that this requirement does not apply to any fee paid to get on a waiting list for a continuing care retirement community.
* The bill summary was created by the Primary Sponsor of the bill; no committee of the General Court certifies the accuracy of its contents.

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