H.B. No. 2667 introduces regulations for referral agencies that assist consumers in finding senior living communities in Texas. The bill establishes a new Chapter 121 in the Business & Commerce Code, defining "referral agency" and "senior living community." It clarifies that referral agencies are entities that provide referrals for a fee, excluding senior living communities and individuals who refer consumers without receiving compensation. Additionally, the bill outlines permissible compensation structures for referral agencies, including lump sums, fees based on rent and care costs, or fixed fees for each referral.

The bill also amends Section 102.005 of the Occupations Code to specify that referral agencies, as defined in the new chapter, are exempt from certain regulations that apply to other entities, such as licensed insurers and health maintenance organizations. This change aims to streamline the regulatory framework for referral agencies, ensuring they can operate effectively while maintaining consumer protections. The act will take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if that threshold is not met.

Statutes affected:
Introduced: Occupations Code 102.005 (Occupations Code 102)