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2012 SESSION

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12102243D
SENATE JOINT RESOLUTION NO. 49 Offered January 11, 2012 Prefiled January 10, 2012 Directing the Virginia Housing Commission to study Continuing Care Retirement Communities. Report. ---------- Patron-- Barker ---------- Referred to Committee on Rules ----------

WHEREAS, there is a need to monitor the fiduciary responsibility of Continuing Care Retirement Communities for the protection of contractual obligations provided to the residents of the Communities; and

WHEREAS, there is a need to study the role of the residents in managing Continued Care Retirement Communities; now, therefore, be it

RESOLVED by the Senate, the House of Delegates concurring, That the Virginia Housing Commission be directed to study Continuing Care Retirement Communities. In conducting its study, the Virginia Housing Commission shall gather stakeholders and hear testimony on Continuing Care Retirement Communities.

The Office of the Clerk of the Senate shall provide administrative staff support. The Division of Legislative Services shall provide legal, research, policy analysis, and other services as requested by the Virginia Housing Commission. All agencies of the Commonwealth shall provide assistance to the Virginia Housing Commission for this study, upon request.