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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4662 Introduced 1/21/2022, by Rep. Denyse Wang Stoneback SYNOPSIS AS INTRODUCED:
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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.
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| | A BILL FOR |
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| | HB4662 | | LRB102 23617 CPF 32799 b |
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| 1 | | AN ACT concerning regulation.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Nursing Home Care Act is amended by adding |
| 5 | | Section 3-305.10 as follows:
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| 6 | | (210 ILCS 45/3-305.10 new) |
| 7 | | Sec. 3-305.10. Rental data disclosure; facility cost |
| 8 | | report. |
| 9 | | (a) A for-profit facility licensed under this Act shall |
| 10 | | disclose data regarding the lease or rental of the facility by |
| 11 | | a real estate partnership owning the facility to a business |
| 12 | | operating the facility in any cost report submitted by the |
| 13 | | facility to the State. |
| 14 | | (b) This Section only applies to a facility that is leased |
| 15 | | or rented by its owner to a related party of the owner.
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