Texas SB1383 regulates referral agencies for senior living communities, defining terms and compensation methods.

Texas SB1383 amends the Business & Commerce Code to add a new chapter on referral agencies for senior living communities. It defines a "referral agency" as an entity that provides referrals to senior living communities for a fee. Compensation can be a lump sum, a fee based on the cost of rent and care, or a fixed fee. The Act exempts referral agencies from certain licensing requirements. It takes effect immediately if passed by a two-thirds vote, otherwise on September 1, 2025.

Texas SB1383 regulates referral agencies for senior living communities, defining terms and compensation methods.

Texas SB1383 amends the Business & Commerce Code to add a new chapter on referral agencies for senior living communities. It defines a "referral agency" as an entity that provides referrals to senior living communities for a fee. Compensation can be a lump sum, a fee based on the cost of rent and care, or a fixed fee. The Act exempts referral agencies from certain licensing requirements. It takes effect immediately if passed by a two-thirds vote, otherwise on September 1, 2025.