An Act relative to disclosing continuing care retirement community entrance fees
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 4/1/2026 | Senate | Bill reported favorably by committee as changed and referred to the committee on Senate Ways and Means |
| 1/15/2026 | Senate | Reporting date extended to Tuesday March 10, 2026 |
| 6/27/2025 | Joint | Referred, pursuant to an order adopted by the two branches, to the committee on Aging and Independence |
| 4/29/2025 | Joint | Hearing scheduled for 05/12/2025 from 10:00 AM-01:00 PM in A-1 |
| 2/27/2025 | House | House concurred |
| 2/27/2025 | Senate | Referred to the committee on Elder Affairs |
| Committee | Recommendation | Vote |
|---|---|---|
| J46 | Favorable with Changes | 1 entries |
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.
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.