FL S2030

Increases the threshold for identifying businesses in continuing care facility applications from $500 to $10,000 and requires submission of wait-list contracts along with other contract forms

Authorizes providers to assess a separate nonrefundable application processing fee for prospective residents in addition to entrance fees

Renames "residents' organizations" to "residents' councils" and requires providers to deliver statutory information and financial disclosures to council chairs, including entrance fee refunds, quarterly statements, and newly approved contracts

Extends the inspection frequency from every 3 years to every 5 years and requires offices to verify all required disclosures have been made to residents' council chairs during inspections

Increases application processing fees and rescission period timeframes, clarifies that escrow amounts for taxes refer to property taxes, and requires the Continuing Care Advisory Council chair to report annually to the Governor and Commissioner of Insurance Regulation