CS/CS/HB 1573 (2023) -  Continuing Care Providers

by Commerce Committee and Insurance & Banking Subcommittee and Persons-Mulicka (CO-SPONSORS) Benjamin
Revises conditions for release of certain escrowed funds to providers; revises information required to be contained in certain providers' financial reports in their annual reports; revises list of financial institutions in which escrow accounts for certain providers' funds must be established; revises condition under which provider may hold & not deposit resident's check for specified period; specifies requirements for notice & for certain plans to replenish withdrawn funds; revises calculation of minimum liquid reserve requirements for certain facilities; revises requirements for letters of credit which satisfy minimum liquid reserve requirements; revises circumstances under which provider may withdraw funds held in escrow without office's approval; specifies that forfeiture penalty may be deducted from certain resident refunds; provides reporting & notice requirements for continuing care facilities; provides disclosure requirement for providers to prospective residents or their legal representatives.
Effective Date: July 1, 2023
Last Event: Chapter No. 2023-295 on Tuesday, June 27, 2023 3:27 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill Text

Staff Analysis

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/27/2023 03:36 PM   Yeas: 113 Nays: 1 Action: Action 2: Passage Vote Detail: Vote [Seq# 314] Barcode:
Chamber: Senate Date: 05/04/2023 11:52 AM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 36] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2023-295 Time: 06/27/2023 - 3:27 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/26/2023 - 4:58 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/14/2023 - 8:30 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/04/2023 - 12:26 PM Member: Committee: Version: c2
Event: H In Messages Time: 05/04/2023 - 12:26 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 39 NAYS 0 -SJ 819 Time: 05/04/2023 - 11:53 AM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 819 Time: 05/04/2023 - 11:51 AM Member: Committee: Version: c2
Event: S Placed on 3rd reading Time: 05/03/2023 - 2:27 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 731 Time: 05/03/2023 - 2:26 PM Member: Committee: Version: c2
Event: S Substituted for CS/SB 622 -SJ 731 Time: 05/03/2023 - 2:26 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 05/03/2023 - 2:26 PM Member: Committee: Version: c2
Event: S Withdrawn from Fiscal Policy -SJ 731 Time: 05/03/2023 - 2:26 PM Member: Committee: Version: c2
Event: S Received Time: 04/27/2023 - 9:18 PM Member: Committee: Version: c2
Event: H Message sent to senate Time: 04/27/2023 - 4:35 PM Member: Committee: Version: c2
Event: S Referred to Fiscal Policy Time: 04/27/2023 - 4:08 PM Member: Committee: Fiscal Policy Version: c2
Event: S In Messages Time: 04/27/2023 - 3:56 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 113, NAYS 1 Time: 04/27/2023 - 3:36 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/27/2023 - 3:33 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 04/27/2023 - 3:33 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/27/2023 - 3:32 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/27/2023) Time: 04/24/2023 - 6:23 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 04/21/2023 - 5:36 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/21/2023 - 5:36 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/20/2023 - 8:44 PM Member: Committee: Version: c2
Event: H CS Filed Time: 04/20/2023 - 8:32 AM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 04/20/2023 - 8:32 AM Member: Committee: Version: c1
Event: H Reported out of Commerce Committee Time: 04/19/2023 - 8:11 PM Member: Committee: Commerce Committee Version: c1
Event: H Favorable with CS by Commerce Committee Time: 04/18/2023 - 4:44 PM Member: Committee: Commerce Committee Version: c1
Event: H Added to Commerce Committee agenda Time: 04/13/2023 - 4:21 PM Member: Committee: Commerce Committee Version: c1
Event: H 1st Reading Time: 03/29/2023 - 7:44 PM Member: Committee: Version: c1
Event: H Now in Commerce Committee Time: 03/29/2023 - 6:42 PM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Commerce Committee Time: 03/29/2023 - 6:42 PM Member: Committee: Commerce Committee Version: c1
Event: H CS Filed Time: 03/28/2023 - 5:25 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 03/28/2023 - 5:25 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 03/28/2023 - 5:13 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 03/27/2023 - 3:32 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 03/23/2023 - 4:02 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 03/09/2023 - 7:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 03/09/2023 - 7:25 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Health & Human Services Committee Time: 03/09/2023 - 7:25 PM Member: Committee: Health & Human Services Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 03/09/2023 - 7:25 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 03/07/2023 - 10:01 PM Member: Committee: Version: __
Event: H Filed Time: 03/06/2023 - 4:54 PM Member: Persons-Mulicka Committee: Version: __