2014 Senate Bill 886 / Public Act 448

Regulate “continuing care agreements”

Introduced in the Senate

March 20, 2014

Introduced by Sen. John Moolenaar (R-36)

To repeal a law regulating the terms and sale of life estates, life leases, and long-term leases in nursing homes, retirement homes, homes for the aged, and foster care facilities, and replace it with a new law that styles these contracts as “continuing care agreements” and “continuing care communities,” which can also include independent living units and adult foster care facilities. The bill would impose detailed registration and disclosure requirements for entities that make such offers, and regulate the terms they offer.

Referred to the Committee on Appropriations

Sept. 11, 2014

Reported without amendment

With the recommendation that the substitute (S-2) be adopted and that the bill then pass.

Sept. 24, 2014

Passed in the Senate 38 to 0 (details)

Received in the House

Sept. 24, 2014

Referred to the Committee on Regulatory Reform

Dec. 2, 2014

Reported without amendment

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

Dec. 16, 2014

Amendment offered by Rep. Theresa Abed (D-71)

To add a reference to nursing home response plans for power outages.

The amendment passed by voice vote

Dec. 17, 2014

Passed in the House 108 to 0 (details)

To repeal a law regulating the terms and sale of life estates, life leases, and long-term leases in nursing homes, retirement homes, homes for the aged, and foster care facilities, and replace it with a new law that styles these contracts as “continuing care agreements” and “continuing care communities,” which can also include independent living units and adult foster care facilities. The bill would impose detailed registration and disclosure requirements for entities that make such offers, and regulate the terms they offer.

Received in the Senate

Dec. 17, 2014

Passed in the Senate 37 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Rick Snyder

Dec. 31, 2014