FORTY-NINTH LEGISLATURESB 70/a
SECOND SESSION, 2010
February 3, 2010
Madam President:
Your JUDICIARY COMMITTEE, to whom has been referred
SENATE BILL 70, as amended
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. Strike Senate Public Affairs Committee Amendment 9.
2. On page 4, line 4, strike "and".
3. On page 4, between lines 4 and 5, insert the following new subsections:
"K. "type A" agreement means an extensive entrance-fee contract that includes housing, residential services, amenities and unlimited specific health-related services with little or no substantial increase in monthly payments, except to cover normal operating costs and inflation adjustments;
L. "type B" agreement means a modified entrance-fee contract that includes housing, residential services, amenities and a specific amount of health care with no substantial increase in monthly payments, except to cover normal operating costs and inflation adjustments. After the specified amount of health care is used, persons served pay either a discounted rate or the full per diem rates for required health care services; and".
4. Reletter the succeeding subsection accordingly.
5. On page 7, line 16, before "actuarial", insert "for communities that provide type A and type B agreements, a summary of an".
6. On page 17, line 11, strike "provider" and insert in lieu thereof "community that provides a type A agreement".
7. On page 17, line 15, strike "provider" and insert in lieu thereof "community that provides a type A or type B agreement".
8. On page 17, line 17 strike "provider's" and insert in lieu thereof "community's".
9. On page 17, line 18, strike the ending quotation mark and between lines 18 and 19, insert the following new subsection:
"D. For communities that provide type B agreements, reserves shall be calculated on a prorated basis for residents who fall under type B agreements."".
___________________________________
Cisco McSorley, Chairman
Adopted_______________________ Not Adopted_______________________
(Chief Clerk) (Chief Clerk)
Date ________________________
The roll call vote was 8 For 0 Against
Yes: 8
No: 0
Excused: Lopez, Martinez, Sanchez, B.
Absent: None
SB0070JU1.wpd .181511.1