NH House Testimony

SB124

Senate · 2025 sessionRepublicanSigned into law

Continuing care retirement community regulations

AI

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.

relative to continuing care retirement communities.

InsurancePublic and Mental Health

Status

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

Division of testimony

5 submissions
Support 5Oppose 0Neutral 0
Janet LucasSupportCampton, NHfor MyselfApr 23, 2025

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 as part of their contractural agreement with a CCRC is vital to the security of individuals who choose this option for retirement living arrangements. This bill offers the assurance that New Hampshire supports both the CCRCs and the growing number of residents who require them in the second “oldest” state in the country.

Daniel RichardsonSupportNashua, NHfor MyselfApr 23, 2025

Position recorded without written comment.

Dawn McKinneySupportConcord, NHfor NH Legal AssistanceApr 23, 2025

Position recorded without written comment.

Nancy DonahueSupportCampton, NHfor MyselfApr 23, 2025

Position recorded without written comment.

Sheila DonahueSupportCampton, NHfor MyselfApr 23, 2025

Position recorded without written comment.