CA AB1379

Renames the Continuing Care Provider Fee Fund to the CCRC Oversight Fund and requires the department to post its approved budget on the internet website.

Modifies fee adjustment requirements so the department reduces fees when the fund balance exceeds an amount adequate to fund reasonable regulatory costs for the year, rather than the previous $500,000 threshold.

Authorizes the department to require continuing care providers to submit financial plans and quarterly financial reports when occupancy falls below 85% combined with other financial distress indicators, and requires quarterly notification to the department when two specified financial circumstances occur.

Requires approved financial plans and the most recent quarterly reports to be shared with the facility's resident council and with prospective or incoming residents who will likely become residents within 60 days before remediation of identified problems.

Specifies that quarterly reports must be submitted from the date the financial plan is approved through expiration and that the department may initiate delinquency proceedings if deficiencies are not corrected by plan expiration.