AN ACT CONCERNING PUBLIC HEARINGS FOR CERTAIN RATE INCREASES AT ASSISTED LIVING FACILITIES, MUNICIPAL AGENTS FOR AGING, EMERGENCY POWER GENERATOR REQUIREMENTS FOR CERTAIN MULTIFAMILY HOUSING PROJECTS, PERSONAL PROTECTIVE EQUIPMENT FOR HOME HEALTH AIDE EMPLOYEES, THE NURSING HOME BED MORATORIUM AND NURSING HOME RESIDENT DATA.

SB 123 requires assisted living facilities to hold public informational hearings when increasing resident fees by more than 10% of the previous fee. Facilities must provide at least 30 days' notice before the hearing and allow residents, families, and the public to comment. This applies to all fee increases exceeding 10% (effective October 1, 2026), while exempting adjustments tied to immediate care changes or safety needs. The bill also mandates 60-day advance disclosure of all fee increases and provides residents with three years of fee history upon request. It directly affects assisted living agencies and their residents by adding transparency to significant cost changes.