SCS/SB 804 - This act modifies provisions relating to funds held in reserve for life care contracts. This act specifies that the "entire amount" of entrance fee funds held in reserve for a life care contract shall be earned by "and available for release to" the care provider as provided by law, provided that the reserve and interest thereon shall not exceed "one hundred percent", rather than "one and one-half times the percentage", of the annual long-term debt principal and interest payments of the provider applicable only to living units occupied under life care contracts. The requirement to hold reserve funds may be met in whole or in part by other reserve funds held for the purpose of meeting loan obligations, provided that the total amount equals or exceeds the amount otherwise required. This act is identical to HCS/HB 2205 (2020), provisions in the truly agreed to and finally passed SS/SCS/HCS/HB 1682 (2020), and provisions in the truly agreed to and finally passed HCS/SCS/SB 599 (2020). ERIC VANDER WEERD