CS/SB 622: Continuing Care Contracts
GENERAL BILL by Banking and Insurance ; Yarborough
Continuing Care Contracts; Revising a requirement for specified information that must be submitted by a provider applying for expansion of a certificated continuing care facility; revising financial institutions in which escrow accounts must be established; revising the timeframe during which the office may exempt certain providers from certain regulatory actions; providing that certain documents relating to a provider’s debt service reserve must require certain notice to the office before the withdrawal of debt service reserve funds; specifying the authority of residents’ councils and the eligibility of persons to participate in residents’ council matters, etc.
Effective Date: 7/1/2023
Last Action: 5/3/2023 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 1573 (Ch. 2023-295) -SJ 731
Bill Text: Web Page | PDF
Last Action: 5/3/2023 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 1573 (Ch. 2023-295) -SJ 731
Bill Text: Web Page | PDF
Senate Committee References:
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Bill History
Date Chamber Action 2/9/2023 Senate • Filed
2/16/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/7/2023 Senate • Introduced
3/31/2023 Senate • On Committee agenda-- Banking and Insurance, 04/05/23, 8:30 am, 412 Knott Building
4/5/2023 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0
4/7/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
4/11/2023 Senate • CS by Banking and Insurance read 1st time
4/13/2023 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 04/18/23, 12:00 pm, 110 Senate Building
4/18/2023 Senate • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 14 NAYS 0
4/19/2023 Senate • Now in Fiscal Policy
4/20/2023 Senate • On Committee agenda-- Fiscal Policy, 04/25/23, 10:00 am, 412 Knott Building
4/25/2023 Senate • Favorable by- Fiscal Policy; YEAS 20 NAYS 0
4/26/2023 Senate • Placed on Calendar, on 2nd reading
5/1/2023 Senate • Placed on Special Order Calendar, 05/03/23
5/3/2023 Senate • Read 2nd time -SJ 731
• Substituted CS/CS/HB 1573 -SJ 731
• Laid on Table, companion bill(s) passed, see CS/CS/HB 1573 (Ch. 2023-295) -SJ 731
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CS/SB 622, Committee Substitute 1 (Current Bill Version) Posted 4/7/2023 at 12:34 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1573 (er) Continuing Care Providers Insurance & Banking Subcommittee Similar Last Action: 6/27/2023 Chapter No. 2023-295 
Committee Votes (2)
Date Committee Result 4/18/2023 12:00 PM Appropriations Committee on Agriculture, Environment, and General Government 14 Yeas - 0 Nays 4/25/2023 10:00 AM Fiscal Policy 20 Yeas - 0 Nays Citations - Statutes (14)
Citation Catchline Location in Bill Location In Bill Help 651.011 Definitions. Page 3 (pdf) 651.012 Exempted facility; written disclosure of exemption. Page 21 (pdf) 651.0246 Expansions. Page 3 (pdf) 651.026 Annual reports. Page 7 (pdf) 651.0261 Quarterly and monthly statements. Page 21 (pdf) 651.033 Escrow accounts. Page 8 (pdf) 651.034 Financial and operating requirements for providers. Page 9 (pdf) 651.035 Minimum liquid reserve requirements. Page 10 (pdf) 651.055 Continuing care contracts; right to rescind. Page 14 (pdf) 651.081 Residents’ council. Page 14 (pdf) 651.083 Residents’ rights. Page 16 (pdf) 651.085 Quarterly meetings between residents and the governing body of the provider; resident representation before the governing body of the provider. Page 17 (pdf) 651.091 Availability, distribution, and posting of reports and records; requirement of full disclosure. Page 18 (pdf) 651.105 Examination. Page 19 (pdf) -
SB 622, Original Filed Version Posted 2/9/2023 at 10:00 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Pre-Meeting) 4/3/2023 (pdf)
Banking and Insurance (Post-Meeting) 4/7/2023 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1573 (c1) Continuing Care Providers Insurance & Banking Subcommittee Similar Last Action: 6/27/2023 Chapter No. 2023-295
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 528586 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Banking and Insurance
(Yarborough)4/4/2023
8:00 AMReplaced by Substitute Amendment
4/7/2023Web Page
PDF
140214 - Substitute Amendment (Delete All) (528586)
Delete everything after the enacting clause and insert:Banking and Insurance
(Yarborough)4/4/2023
7:28 PMReplaced by Committee Substitute
4/7/2023Web Page
PDFCommittee Votes (1)
Date Committee Result 4/5/2023 8:30 AM Banking and Insurance 9 Yeas - 0 Nays Citations - Statutes (15)
Citation Catchline Location in Bill Location In Bill Help 651.011 Definitions. Page 3 (pdf) 651.012 Exempted facility; written disclosure of exemption. Page 21 (pdf) 651.0246 Expansions. Page 3 (pdf) 651.026 Annual reports. Page 7 (pdf) 651.0261 Quarterly and monthly statements. Page 21 (pdf) 651.033 Escrow accounts. Page 8 (pdf) 651.034 Financial and operating requirements for providers. Page 9 (pdf) 651.035 Minimum liquid reserve requirements. Page 10 (pdf) 651.055 Continuing care contracts; right to rescind. Page 14 (pdf) 651.081 Residents’ council. Page 14 (pdf) 651.083 Residents’ rights. Page 16 (pdf) 651.085 Quarterly meetings between residents and the governing body of the provider; resident representation before the governing body of the provider. Page 17 (pdf) 651.091 Availability, distribution, and posting of reports and records; requirement of full disclosure. Page 18 (pdf) 651.105 Examination. Page 19 (pdf) 651.118 Agency for Health Care Administration; certificates of need; sheltered beds; community beds.