OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sHB-5358

AN ACT ESTABLISHING A BILL OF RIGHTS FOR RESIDENTS OF CONTINUING-CARE RETIREMENT COMMUNITIES.

As Amended by House "A" (LCO 6432)

House Calendar No.: 317


OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill makes various changes for continuing care providers, including disclosure requirements for continuing care providers to the Department of Social Services and facility residents, which do not result in a fiscal impact to the state or municipalities.

House “A” made the following changes (1) changes the effective date of sections 1 to 17 of the underlying bill from July 1, 2015 to October 1, 2015, (2) changes the terms by which an entrance fee is refunded to a client in the event the contract for services at a continuing care retirement community is cancelled, (3) changes the procedures for certain financial disclosures for continuing care retirement communities, and (4) makes other technical and conforming changes which did not result in a fiscal impact.

The Out Years

State Impact: None

Municipal Impact: None