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United States · Bill · HR

H.R. 4608 (109th)

Continuing Care Seniors Housing Act of 2005

referredUnited States· United States Congress· EN

Introduced

16 December 2005

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Continuing Care Seniors Housing Act of 2005 - Amends Internal Revenue Code provisions which allow a tax exemption for the interest imputed to below-market rate interest loans to certain continuing care facilities to: (1) decrease from 65 to 62 the qualifying age for lenders to continuing care facilities; (2) eliminate the $90,000 limitation on loans to such facilities; (3) modify continuing care contract requirements; and (4) revise the definition of continuing care facility to include an independent living unit, plus an assisted living or nursing facility, or both.

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Documents

3 official files

Introduced in House (text)

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