AB 1751 Summary

• Requires continuing care retirement community providers to submit financial statements to resident associations quarterly (instead of semiannually) with written explanations of all significant budget variances

• Mandates providers post annual reports on their Internet websites in addition to physical locations within the community

• Requires all provider governing bodies to accept at least one voting resident member (or two for governing bodies with 21+ members), with residents nominated by resident associations or resident committees, effective upon next vacancy or governing body selection on or after January 1, 2015

• Provides alternative resident involvement options for providers without in-state governing bodies and for sole proprietorships, partnerships, limited liability companies, and closely held corporations, including designated select committees meeting semiannually with residents

• Establishes that no state reimbursement is required for local agencies or school districts under Article XIII B of the California Constitution