FL S1126

Revises continuing care contract refund requirements, including shorter refund timelines (90 days for contracts after January 1, 2016, versus 120 days previously) and establishes refund source options based on entrance fees from similar units.

Allows accredited facilities without stipulations to receive waivers from office requirements if substantially equivalent to chapter provisions.

Requires providers to distribute final examination reports and corrective action plans to the governing body within 60 days and to notify the governing body's executive officer of any compliance deficiencies.

Strengthens residents' council authority by requiring councils to be established through elections and to adopt independent bylaws and governance documents; specifies councils must provide forums for resident issues and designated residents may serve on facility boards.

Requires facilities to distribute annual financial statements and third-party audit reports to residents' council leadership within 30 days of filing with the office.