AN ACT REQUIRING PUBLIC HEARINGS FOR CERTAIN RATE INCREASES AT ASSISTED LIVING FACILITIES.

SB 14 requires assisted living facilities to hold a public hearing before raising resident rates by more than 10%. This directly affects facilities and their residents, ensuring communities can review significant cost changes. The key provision mandates these hearings for any rate increase exceeding the 10% threshold. The goal is to prevent sudden, unaffordable cost hikes for seniors relying on these care services.