# New Hampshire SB124: relative to continuing care retirement communities. New Hampshire SB124, relative to continuing care retirement communities., is a 2025-2026 Regular Session Senate bill sponsored by Denise Ricciardi (Republican); status signed, last action 2025-08-04 (Signed by the Governor on 08/01/2025; Chapter 0296; Effective 01/01/2026); PRIA reads it as touching household money (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/NH-SB124-2025-2026 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: New Hampshire SB124 - State: New Hampshire - Session: 2025-2026 Regular Session - Title: relative to continuing care retirement communities. - Status: signed - Chamber: Senate - Introduced: 2025-01-22 - Last action: 2025-08-04, Signed by the Governor on 08/01/2025; Chapter 0296; Effective 01/01/2026 - Sponsor: Denise Ricciardi (Republican) - Cosponsors: 1 - Touches household money: yes - Economic provisions PRIA read: 11 ## Summary No summary available. ## Bill overview: provisions PRIA read - Seniors get care details before signing: benefit, medium. Providers must give prospective residents an approved disclosure statement and contract at least 24 hours before agreement or first payment. These documents must use plain English and explain services, fees, refunds, escrow, finances, ownership, management, and facility details. Providers generally… - State can intervene to protect residents: benefit, medium. The commissioner can deny, suspend, or revoke provider certificates for violations, financial hazards, misleading claims, or risks to residents. Notice and a hearing generally come first; urgent action requires a hearing as soon as possible afterward. The commissioner can place liens on provider pr… - Seniors can receive continuing care at home: benefit, medium. Certified providers can offer continuing care at home before a resident moves into a facility. Providers need written approval of financial soundness and resident protections, plus a New Hampshire facility where residents have service rights. They must oversee home services, use qualified outside p… - Independent-living residents get written rights: benefit, low. Providers must give independent-living residents a bill of rights before they purchase a unit and post it prominently. Rights include respectful treatment, independence, safe use of homes and shared spaces, and choice about joining activities. Residents can form an advisory association or council.… - Retirement providers must hold financial reserves: benefit, low. Providers must hold qualifying liquid assets covering the next 12 months' principal and interest on qualifying long-term financing. They must also hold 60 days of operating expenses; newer providers combine actual expenses with projections for remaining months. Signed quarterly reports are due with… - Entrance fees get protected escrow accounts: mixed, medium. When the Insurance Department requires escrow, providers must keep covered entrance fees in a separate protected account. Covered payments generally include entrance fees paid before occupancy or amounts totaling more than $1,000, unless exempt. Payments generally enter escrow on the first business… - Seniors can cancel new care contracts: mixed, medium. State-approved contracts and amendments must explain fees, services, refunds, transfers, termination, and available care. Residents can cancel without penalty through written notice sent or delivered by midnight on the 15th calendar day after both sides sign. Deposits are refunded promptly, and ent… - Which retirement care contracts get protections: mixed, medium. New Hampshire's continuing care rules cover contracts for life or more than one year. The contract must require an entrance fee over $10,000 or periodic charges. Coverage can include lodging, meals, and care before a resident moves into a facility. Facilities that reported to or were supervised by… - Refundable wait-list deposits can carry fees: mixed, medium. Compliant providers can take nonbinding wait-list deposits, credited toward the entrance fee or refunded on request before that fee is paid. Deposits over 10% of the entrance fee require escrow. Smaller deposits can avoid escrow only with at least 80% independent-living occupancy, 100 days of cash,… - Residents get contract exit and refund rules: mixed, medium. Residents can end their contract for any reason with 90 days' written notice. Providers generally must give 60 days' notice and use listed grounds, including health, welfare, safety, nonpayment, or contract violations. Outside the initial cancellation period, refunds can wait for a replacement resi… - Retirement care providers need state approval: mixed, low. Providers need a state certificate before seeking money, accepting payments, or providing care, except for nonbinding deposits up to $1,000. Applications must include ownership and financial records, a five-year budget, a financial feasibility study, and proposed contracts and disclosures. They als… ## Sponsors and cosponsors - Sponsor: Denise Ricciardi (Republican), Senate - Cosponsor: Howard Pearl (r), Senate ## Actions (16) - 2025-08-04: Signed by the Governor on 08/01/2025; Chapter 0296; Effective 01/01/2026 (Senate) - 2025-07-18: Enrolled (in recess of) 06/26/2025 HJ 18 P. 64 (House) - 2025-07-18: Enrolled Adopted, VV, (In recess 06/26/2025); SJ 18 (Senate) - 2025-07-08: Enrolled Bill Amendment # 2025-2904e Adopted, VV, (In recess of 06/26/2025); SJ 18 (Senate) - 2025-07-07: Enrolled Bill Amendment # 2025-2904e: AA VV (in recess of) 06/26/2025 HJ 18 P. 60 (House) - 2025-06-05: Ought to Pass: MA VV 06/05/2025 HJ 16 P. 4 (House) - 2025-05-28: Committee Report: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 7 (House) - 2025-05-21: Executive Session: 05/27/2025 01:15 pm LOB 302-304 (House) - 2025-04-30: Subcommittee Work Session: 05/07/2025 10:00 am LOB 302-304 (House) - 2025-04-16: Public Hearing: 04/23/2025 01:15 pm LOB 302-304 (House) - 2025-03-28: Introduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 111 (House) - 2025-03-20: Ought to Pass with Amendment #2025-0790s, MA, VV; OT3rdg; 03/20/2025; SJ 8 (Senate) - 2025-03-20: Committee Amendment # 2025-0790s, AA, VV; 03/20/2025; SJ 8 (Senate) - 2025-03-11: Committee Report: Ought to Pass with Amendment # 2025-0790s, 03/20/2025; Vote 5-0; CC; SC 13 (Senate) - 2025-02-12: Hearing: 02/19/2025, Room 100, SH, 09:15 am; SC 10 (Senate) - 2025-01-22: Introduced 01/09/2025 and Referred to Health and Human Services; SJ 3 (Senate) ## Bill text - As Amended, 2025-07-08: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=11335) - Enrolled, 2025-07-07: [HTML](https://gc.nh.gov/bill_status/billinfo.aspx?id=978&inflession=2025) - Introduced, 2025-01-22: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=7795) - CHAPTERED FINAL VERSION: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=17030) - Version adopted by both bodies: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16851) ## Related bills - HB2026: (New Title) relative to the state 10-year transportation improvement plan; relative to toll rate adjustments and periodic toll reviews for the New Hampshire tu… (became law) - HB1002: repealing the solar energy systems tax exemption. (failed) - HB1834: relative to the education freedom account enrollment cap. (failed) - SB101: (Second New Title) authorizing parents to enroll their children in any public school in the state. (failed) - CACR22: relating to the compensation of the legislature. Providing that the present compensation per elected term for legislators is hereby abolished. (failed) - HB1786: relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and m… (failed) ## Sources - [As Amended (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=11335) - [Enrolled (HTML)](https://gc.nh.gov/bill_status/billinfo.aspx?id=978&inflession=2025) - [Introduced (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=7795) - [CHAPTERED FINAL VERSION (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=17030) - [Version adopted by both bodies (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16851) ## Related - [HB2026: (New Title) relative to the state 10-year transportation improvement plan; rela…](https://policyrisk.com/state-bill/NH-HB2026-2025-2026) - [HB1002: repealing the solar energy systems tax exemption.](https://policyrisk.com/state-bill/NH-HB1002-2025-2026) - [HB1834: relative to the education freedom account enrollment cap.](https://policyrisk.com/state-bill/NH-HB1834-2025-2026) - [SB101: (Second New Title) authorizing parents to enroll their children in any public s…](https://policyrisk.com/state-bill/NH-SB101-2025-2026) - [CACR22: relating to the compensation of the legislature. Providing that the present com…](https://policyrisk.com/state-bill/NH-CACR22-2025-2026) - [HB1786: relative to creating a state assessment on non-homestead luxury second homes to…](https://policyrisk.com/state-bill/NH-HB1786-2025-2026) - [New Hampshire bills](https://policyrisk.com/states/new-hampshire/bills) - [New Hampshire state hub](https://policyrisk.com/states/new-hampshire) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NH-SB124-2025-2026 (as of 2026-10-17).