Kansen Chu
- Democratic
Author
Existing law regulates life care contracts, also known as continuing care contracts, and imposes certain reporting and reserve requirements on continuing care communities. Existing law requires each provider that has entered into a specified type of continuing care contract with an up-front entrance fee, known as a Type A contract, to submit to the Department of Social Services, at least once every 5 years, an actuary's opinion as to the provider's actuarial financial condition. This bill, until January 1, 2030, would instead require all providers to file an actuary's findings, report, and opinion with the department, and further require all providers to post a copy of that information in its facility and on its Internet Web site within 10 days of filing with the department. The bill would, on January 1, 2030, reinstate the requirement for providers that entered into Type A contracts to file an actuary's opinion. The bill would require each provider to conduct, at least once every 5 years, a review of the accessible areas that the provider is obligated to repair, replace, restore, or maintain within the facility, as specified. The bill would require the governing body of each provider to use the review to consider and implement necessary adjustments to its reserve account requirements. The bill would require each provider to submit to the department, at least once every 5 years, a summary of the maintenance and replacement review and the adjustments the governing body of the provider has made or plans to make as a result of the review. The bill would also require the provider to post a copy of the summary and adjustment plan in its facility and on its Internet Web site.
Vetoed by Governor.
Enrolled and presented to the Governor at 2:30 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 1. Page 6861.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 29 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 9. Page 5769.).
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Read second time. Ordered to third reading.
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
In committee: Hearing postponed by committee.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 12). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 64. Noes 1. Page 5165.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 0.) (May 9).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (April 17). Re-referred to Com. on APPR.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on AGING & L.T.C. (Ayes 5. Noes 0.) (April 10).
From committee chair, with author's amendments: Amend, and re-refer to Com. on HUM. S. Read second time and amended.
Referred to Coms. on HUM. S. and AGING & L.T.C.
From printer. May be heard in committee March 19.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB3088 | HTML |
| 02/16/18 - Introduced | |
| 03/22/18 - Amended Assembly | |
| 04/12/18 - Amended Assembly | |
| 08/20/18 - Amended Senate | |
| 08/31/18 - Enrolled |
| Document | Format |
|---|---|
| No related documents. |
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