102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4662

 

Introduced 1/21/2022, by Rep. Denyse Wang Stoneback

 

SYNOPSIS AS INTRODUCED:
 
210 ILCS 45/3-305.10 new

    Amends the Nursing Home Care Act. Provides that a for-profit facility licensed under the Act shall disclose data regarding the lease or rental of the facility by a real estate partnership owning the facility to a business operating the facility in any cost report submitted by the facility to the State. Provides that the provisions only apply to a facility that is leased or rented by its owner to a related party of the owner.


LRB102 23617 CPF 32799 b

 

 

A BILL FOR

 

HB4662LRB102 23617 CPF 32799 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 3-305.10 as follows:
 
6    (210 ILCS 45/3-305.10 new)
7    Sec. 3-305.10. Rental data disclosure; facility cost
8report.
9    (a) A for-profit facility licensed under this Act shall
10disclose data regarding the lease or rental of the facility by
11a real estate partnership owning the facility to a business
12operating the facility in any cost report submitted by the
13facility to the State.
14    (b) This Section only applies to a facility that is leased
15or rented by its owner to a related party of the owner.