Illinois General Assembly - Bill Status for HB4276
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 Bill Status of HB4276  103rd General Assembly


Short Description:  LIFE CARE FACILITY-DISCLOSURES

House Sponsors
Rep. Janet Yang Rohr - Michelle Mussman - Maura Hirschauer - Jennifer Gong-Gershowitz - Robyn Gabel and Suzanne M. Ness

Last Action
DateChamber Action
  4/3/2024HousePlaced on Calendar 2nd Reading - Short Debate

Statutes Amended In Order of Appearance
210 ILCS 40/5from Ch. 111 1/2, par. 4160-5


Synopsis As Introduced
Amends the Life Care Facilities Act. Provides that the financial disclosure provided to a resident must include, but is not limited to, fee schedules; fee adjustment policies; the history of fee increases; reserve funding provisions; expected source of funding for the development of new facilities; refund policies; and the status of resident claims on assets if the facility were to fall into bankruptcy or insolvency (instead of only a disclosure of short-term assets and liabilities). Provides that the required financial disclosures shall also be posted in a conspicuous location in the facility to which residents must have access.

House Committee Amendment No. 1
Adds reference to:
210 ILCS 40/5.1 new
210 ILCS 40/5.2 new

Replaces everything after the enacting clause. Amends the Life Care Facilities Act. Adds provisions requiring certain pre-sale disclosures. Specifies that if an unoccupied living unit is to be reappropriated and if there are beneficiaries awaiting an entry fee refund, then the beneficiaries of the entry fee refund must provide a signed acknowledgment of and agreement to the reappropriation.

Actions 
DateChamber Action
  12/18/2023HouseFiled with the Clerk by Rep. Janet Yang Rohr
  1/16/2024HouseAdded Chief Co-Sponsor Rep. Michelle Mussman
  1/16/2024HouseAdded Chief Co-Sponsor Rep. Maura Hirschauer
  1/16/2024HouseFirst Reading
  1/16/2024HouseReferred to Rules Committee
  1/31/2024HouseAssigned to Health Care Licenses Committee
  2/22/2024HouseAdded Chief Co-Sponsor Rep. Jennifer Gong-Gershowitz
  2/22/2024HouseAdded Chief Co-Sponsor Rep. Robyn Gabel
  2/22/2024HouseAdded Co-Sponsor Rep. Suzanne M. Ness
  3/20/2024HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr
  3/20/2024HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/27/2024HouseHouse Committee Amendment No. 1 Rules Refers to Health Care Licenses Committee
  4/3/2024HouseHouse Committee Amendment No. 1 Adopted in Health Care Licenses Committee; by Voice Vote
  4/3/2024HouseDo Pass as Amended / Short Debate Health Care Licenses Committee; 007-004-000
  4/3/2024HousePlaced on Calendar 2nd Reading - Short Debate
  4/15/2024HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Janet Yang Rohr
  4/15/2024HouseHouse Floor Amendment No. 2 Referred to Rules Committee

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