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, Suzanne M. Ness, Theresa Mah and Terra Costa Howard

Senate Sponsors
(Sen. Laura Ellman)

Last Action
DateChamber Action
  4/19/2024SenateReferred to Assignments

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.

House Floor Amendment No. 2
Adds reference to:
210 ILCS 40/5.1 new
210 ILCS 40/5.2 new

Replaces everything after the enacting clause. Reinserts the provisions of House Amendment No. 1 with the following changes. Clarifies that the pre-sale disclosure requirements apply only to life care contracts that are subject to refund. Provides that, upon request, current residents, former residents awaiting refunds, and the estates of former residents awaiting refunds shall be provided with the most recent entry fee refund disclosures. Provides that, if a payee for an entry fee refund cannot be determined, for purposes of calculating the data required in the pre-sale disclosure, a refund shall be considered complete when a new resident occupies the living unit.

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
  4/16/2024HouseHouse Floor Amendment No. 2 Rules Refers to Health Care Licenses Committee
  4/17/2024HouseHouse Floor Amendment No. 2 Recommends Be Adopted Health Care Licenses Committee; 012-000-000
  4/17/2024HouseAdded Co-Sponsor Rep. Theresa Mah
  4/17/2024HouseAdded Co-Sponsor Rep. Terra Costa Howard
  4/17/2024HouseSecond Reading - Short Debate
  4/17/2024HouseHeld on Calendar Order of Second Reading - Short Debate
  4/18/2024HouseHouse Floor Amendment No. 2 Adopted
  4/18/2024HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/18/2024HouseThird Reading - Short Debate - Passed 109-000-000
  4/19/2024SenateArrive in Senate
  4/19/2024SenatePlaced on Calendar Order of First Reading
  4/19/2024SenateChief Senate Sponsor Sen. Laura Ellman
  4/19/2024SenateFirst Reading
  4/19/2024SenateReferred to Assignments

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