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House Bill 2697 |
House Author: Galindo et al. |
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Effective: 6-19-15 |
Senate Sponsor: Menéndez |
House Bill 2697 amends the Health and Safety Code to expand the definition of "continuing care" for purposes of the Texas Continuing Care Facility Disclosure and Rehabilitation Act to include the furnishing of personal care services, nursing services, medical services, or other health-related services to an individual in the individual's residence or otherwise enabling the individual to remain in the individual's residence. The bill requires the commissioner of insurance by rule to establish requirements for escrow release for money received as an entrance fee in connection with a continuing care contract in circumstances in which a living unit is not furnished to the resident.