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Regulation

AB 1983 - Continuing care retirement communities: repayable contracts (2026)

Full name
An act relating to continuing care retirement communities: repayable contracts.
Citation
Cal. Stats. 2026, ch. 281 (AB 1983)
Jurisdiction
Cal.
In force
2027-01-01
Text
leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260AB1983
Stories
1
Consumer protection
CAL.Regulation

California regulates sequential repayment of retirement-community entrance fees

Governor Gavin Newsom signed AB 1983 (Chapter 281, Statutes of 2026) on September 18, 2026, amending Health and Safety Code sections 1771, 1788 and 1788.4. From January 1, 2027, a continuing care retirement community offering repayable in sequential order contracts must keep a repayment account, number each terminated contract and repay them in that order from later entrance fees. Contracts must disclose the average and longest wait between termination and repayment over the past five years.

Enrolled text (California Legislative Information) →