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SB 124 · 2025 · Senate · Health and Human Services Committee

Continuing care retirement community regulations

AI-generated

relative to continuing care retirement communities.

Recodifies the statute governing continuing care retirement communities, expanding certificate of authority, reporting, and life care contract requirements, revising entrance fee escrow rules, and adding a resident bill of rights.AI-generated

Status

Signed into law · August 4, 2025
  1. ✓Introduced
  2. ✓Senate
  3. ✓House
  4. ✓Governor
  5. ✓Law

Analysis

This bill recodifies RSA 420-D, relative to continuing care communities. The bill expands certificate of authority requirements, annual reporting requirements, and life care contract requirements. The bill revises escrow requirements for entrance fees and specifies the notice required prior to contract cancellation by either party. The bill includes a bill of rights for continuing care community residents. The bill also requires the provider to notify the insurance department of the intended sale or transfer of the community and may require the provider to submit a financial plan to the insurance department to demonstrate solvency. The bill is a request of the insurance department.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Denise RicciardiRPrimeVice Chair· Commerce
  • Sen. Howard PearlRChair· Executive Departments and Administration

Public testimony

5 signed in online · 1 wrote testimony

100% support0% oppose0% neutral

In their wordsVerbatim, exactly as submitted

“Adding increased financial oversight of businesses running continuing care retirement communities will help prevent the loss of residents’ life savings and housing in the event of the business’ bankruptcy or insolvency, Further protecting residents by codifying a list of rights…”
— Janet Lucas, Camptonsupports

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-02-199:00 amSenate Health and Human ServicesSH 100Public hearing
  • 2025-04-2310:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-0710:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearingrescheduled
  • 2025-05-271:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing

Legislative history

  1. Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Health and Human Services; SJ 3
  2. Feb 19, 2025SenHearing: 02/19/2025, Room 100, SH, 09:15 am; SC 10
  3. Mar 20, 2025SenCommittee Report: Ought to Pass with Amendment # 2025-0790s, 03/20/2025; Vote 5-0; CC; SC 13
  4. Mar 20, 2025SenCommittee Amendment # 2025-0790s, AA, VV; 03/20/2025; SJ 8
  5. Mar 20, 2025SenOught to Pass with Amendment #2025-0790s, MA, VV; OT3rdg; 03/20/2025; SJ 8
  6. Mar 27, 2025HouseIntroduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 111
  7. Apr 23, 2025HousePublic Hearing: 04/23/2025 01:15 pm LOB 302-304
  8. May 7, 2025HouseSubcommittee Work Session: 05/07/2025 10:00 am LOB 302-304
  9. May 27, 2025HouseExecutive Session: 05/27/2025 01:15 pm LOB 302-304
  10. May 27, 2025House: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 7
  11. Jun 5, 2025HouseOught to Pass: MA VV 06/05/2025 HJ 16 P. 4
  12. Jun 26, 2025HouseEnrolled Bill Amendment # 2025-2904e: AA VV (in recess of) 06/26/2025 HJ 18 P. 60
  13. Jun 26, 2025SenEnrolled Bill Amendment # 2025-2904e Adopted, VV, (In recess of 06/26/2025); SJ 18
  14. Jun 26, 2025HouseEnrolled (in recess of) 06/26/2025 HJ 18 P. 64
  15. Jun 26, 2025SenEnrolled Adopted, VV, (In recess 06/26/2025); SJ 18
  16. Aug 1, 2025SenSigned by the Governor on 08/01/2025; Chapter 0296; Effective 01/01/2026

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.