Continuing care retirement community; no less than 20% of board shall be residents of facility. (SB1291)

Introduced By

Sen. Jeff McWaters (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Continuing care retirement community board of directors; resident representation.  Requires that no less than 20 percent of the members of the board of directors of a corporation providing continuing care at a facility shall be residents of the facility elected to serve as resident representatives by the residents of the facility. This bill provides that resident representatives shall have the same voting rights as other members of the board. Existing providers may comply with the requirement by increasing the number of directors on the board, by replacing sitting directors with resident representatives as their terms expire or vacancies arise, or both, by July 1, 2013. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Prefiled and ordered printed; offered 01/12/11 11103477D
01/12/2011Referred to Committee on Commerce and Labor
01/31/2011Stricken at request of Patron in Commerce and Labor (14-Y 0-N) (see vote tally)