Resolve relative to a community care retirement communities special commission

This bill establishes a special commission to study the regulation of continuing care retirement communities in Massachusetts, aiming to protect the financial and consumer rights of residents. The commission will be composed of representatives from the state legislature, the attorney general, the Department of Elder Affairs, various industry and advocacy groups, and two current residents. Its primary tasks include reviewing contracts, financial viability, entrance fees, marketing practices, and procedures for closing or changing ownership of these facilities. The group is required to hold at least six meetings and one public hearing before submitting a report with legislative or regulatory recommendations within one year.