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Continuing care contracts: retirement communities.

It was vetoed on Sep 18, 2018.

CA AB 3088 · Assembly Bill · 2017–2018

Stage
Vetoed
Started in
Assembly
Sponsor
1
Latest action
Sep 18, 2018

What it does

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.

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Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Continuing care contracts: retirement communities. | 52