CS/HB 1253 - Continuing Care Facilities

• Increases threshold for identifying businesses in provisional certificate applications from $500 to $10,000 and adds wait-list contracts to required application forms

• Renames "residents' organizations" to "residents' councils" and requires providers to give newly elected council chairs a copy of chapter 651 and related rules within 30 days

• Authorizes providers to assess a separate nonrefundable application processing fee for continuing care applications and increases the processing fee cap from 4 percent to 5 percent of entrance fees

• Clarifies that prospective residents who pay entrance fees or maintenance fees while postponing occupancy are deemed occupying units and may rescind contracts within 7 days for full refunds

• Requires the Continuing Care Advisory Council chair to report annually to the Governor and Commissioner of Insurance Regulation; expands council duties to include receiving facility complaint data and proposed rule changes from the office

• Repeals section 651.133 relating to provisional certificates under prior law and conforms cross-references throughout the chapter