Illinois General Assembly - Full Text of HB3768
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Full Text of HB3768  102nd General Assembly

HB3768 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB3768

 

Introduced 2/22/2021, by Rep. Maura Hirschauer

 

SYNOPSIS AS INTRODUCED:
 
210 ILCS 45/2-201.3 new

    Amends the Nursing Home Care Act. Provides that an owner under the Act is prohibited from maintaining any financial interest with a person or entity that renders contracted services to a facility owned by the owner. Provides that a person or entity who is an owner on the amendatory Act's effective date has 30 days to terminate the owner's relationship with the person or entity with which the financial interest is maintained. Provides that a person or entity who becomes an owner after the amendatory Act's effective date shall have 30 days to terminate his or her relationship with the person or entity with which the financial interest is maintained. Provides that the Department of Public Health may adopt any rules it deems necessary implement the provisions. Effective immediately.


LRB102 14473 CPF 19825 b

 

 

A BILL FOR

 

HB3768LRB102 14473 CPF 19825 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Nursing Home Care Act is amended by adding
5Section 2-201.3 as follows:
 
6    (210 ILCS 45/2-201.3 new)
7    Sec. 2-201.3. Financial conflict of interest.
8    (a) An owner is prohibited from maintaining any financial
9interest, including, but not limited to, stock ownership or
10holding a paid position, with a person or entity that renders
11contracted services to a facility owned by the owner. A person
12or entity who is an owner on the effective date of this
13amendatory Act of the 102nd General Assembly has 30 days to
14terminate his or her relationship with the person or entity
15with which the financial interest is maintained. A person or
16entity who becomes an owner after the effective date of this
17amendatory Act of the 102nd General Assembly shall have 30
18days to terminate his or her relationship with the person or
19entity with which the financial interest is maintained.
20    (b) The Department may adopt any rules it deems necessary
21to implement this Section.
 
22    Section 99. Effective date. This Act takes effect upon

 

 

HB3768- 2 -LRB102 14473 CPF 19825 b

1becoming law.