Continuing Care in a Retirement Community Providers - Governing Bodies - Membership (Sue Hecht Continuing Care Retirement Community Transparency Act)

SB 488 requires retirement community providers to include governing documents (like bylaws) in applications and disclosure statements provided to prospective residents. It changes how resident representatives ("subscriber members") are selected by allowing resident associations - rather than the governing body - to choose regular and alternate members. The bill repeals previous requirements that subscriber members be selected based on specific standards. These changes aim to increase transparency and resident input in retirement community governance, directly affecting providers and residents in Maryland's continuing care facilities.