Illinois 104th General Assembly Status: To Executive Bipartisan · 19 D · 1 R cosponsors

HB4728      — DD FACILITY-ASSET MGMT COMPANY

Last action — Public Act . . . . . . . . . 104-0661

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been sent to the executive. Introduced January 30, 2026. It awaits signature.

Next likely step: the executive signs it into law or issues a veto.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 90% · high confidence

  • To Executive

    Current position in the legislative process.

  • 34 sponsors

    1 primary, 33 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (19 D · 1 R) — cross-party backing.

  • Cleared a recorded vote

    Passed 7 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill requires certain facilities to disclose ownership and management information related to asset management companies.

This legislation amends several acts to mandate disclosure from licensed facilities about their ownership by asset management companies. Facilities must provide quarterly updates and obtain public approval for specific transactions to ensure transparency and prevent financial distress.

What this means for you
  • Families: Families of individuals served by these facilities will have access to more transparency regarding the financial management of the facility.

Summary

Amends the Community Living Facilities Licensing Act, the MC/DD Act, the ID/DD Community Care Act, the Community-Integrated Living Arrangements Licensure and Certification Act, and the Child Care Act of 1969. Requires the State agencies responsible for licensing facilities under those Acts to adopt, by December 31, 2026, rules requiring a facility to disclose upon initial application for licensure and on a quarterly basis thereafter, whether the facility, its subsidiaries, affiliates, parent companies, or contractual service providers are owned, managed, or contained within a fund owned or managed by an asset management company; and if so, to make certain disclosures about the asset management company's assets, the facility's debt, and other matters. Requires the State agencies to also adopt rules requiring such a facility to provide written notice of transactions and copies of agreements which would (i) sell or otherwise dispose of a material amount of the facility's assets or (ii) transfer control, responsibility, or governance of a material amount of the facility's assets or operations. Prohibits facilities owned or managed by an asset management company from engaging in certain transactions or actions that would result in the facility issuing debt-funded dividends or perform any other similar action causing the facility to become financially distressed. Provides that a violation of these requirements and prohibitions constitutes an unlawful practice within the meaning of the Consumer Fraud and Deceptive Business Practices Act. Requires the State agencies to publish disclosures, written notices, and copies of agreements submitted by facilities on the agencies' public websites. Imposes similar requirements and prohibitions on adult day service providers serving individuals with developmental disabilities under the Illinois Act on the Aging and providers of adult developmental training services under the Mental Health and Developmental Disabilities Administrative Act. Effective immediately.

Bill Text

We don't have the full text on file for this bill yet.

Read HB4728 on the official Illinois source →

Action History

  1. Public Act . . . . . . . . . 104-0661

  2. Effective Date July 1, 2027

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. House Concurs

  7. Senate Committee Amendment No. 1 House Concurs 117-000-000

  8. Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Human Services Committee; 012-000-000

  9. Added as Alternate Co-Sponsor Sen. Mark L. Walker

  10. Added as Alternate Co-Sponsor Sen. Michael E. Hastings

  11. Added as Alternate Co-Sponsor Sen. Celina Villanueva

  12. Added as Alternate Co-Sponsor Sen. Michael W. Halpin

  13. Added as Alternate Co-Sponsor Sen. Christopher Belt

  14. Added as Alternate Co-Sponsor Sen. Li Arellano, Jr.

  15. Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Human Services Committee

  16. Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee

  17. Senate Committee Amendment No. 1 Motion Filed Concur Rep. Laura Faver Dias

  18. Placed on Calendar Order of Concurrence Senate Amendment(s) 1

  19. Arrived in House

  20. Third Reading - Passed; 059-000-000

  21. Added as Alternate Chief Co-Sponsor Sen. Karina Villa

  22. Rule 2-10 Third Reading Deadline Established As May 31, 2026

  23. Added as Alternate Co-Sponsor Sen. Rachel Ventura

  24. Added as Alternate Co-Sponsor Sen. Mary Edly-Allen

  25. Added as Alternate Co-Sponsor Sen. Adriane L. Johnson

  26. Added as Alternate Co-Sponsor Sen. Mike Porfirio

  27. Added as Alternate Chief Co-Sponsor Sen. Willie Preston

  28. Placed on Calendar Order of 3rd Reading May 25, 2026

  29. Second Reading

  30. Placed on Calendar Order of 2nd Reading May 21, 2026

  31. Do Pass as Amended Executive; 011-000-000

  32. Senate Committee Amendment No. 1 Adopted

  33. Added as Alternate Co-Sponsor Sen. Kimberly A. Lightford

  34. Senate Committee Amendment No. 1 Assignments Refers to Executive

  35. Rule 2-10 Committee Deadline Established As May 22, 2026

  36. Senate Committee Amendment No. 1 Referred to Assignments

  37. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Javier L. Cervantes

  38. Rule 2-10 Committee Deadline Established As May 15, 2026

  39. Added as Alternate Co-Sponsor Sen. David Koehler

  40. Assigned to Executive

  41. Referred to Assignments

  42. First Reading

  43. Chief Senate Sponsor Sen. Javier L. Cervantes

  44. Placed on Calendar Order of First Reading

  45. Arrive in Senate

  46. Third Reading - Short Debate - Passed 100-001-000

  47. Placed on Calendar Order of 3rd Reading - Short Debate

  48. House Floor Amendment No. 1 Adopted

  49. House Floor Amendment No. 1 Recommends Be Adopted Human Services Committee; 012-000-000

  50. House Floor Amendment No. 1 Rules Refers to Human Services Committee

  51. House Floor Amendment No. 1 Referred to Rules Committee

  52. House Floor Amendment No. 1 Filed with Clerk by Rep. Laura Faver Dias

  53. Held on Calendar Order of Second Reading - Short Debate

  54. Second Reading - Short Debate

  55. Added Co-Sponsor Rep. Diane Blair-Sherlock

  56. Added Co-Sponsor Rep. Kelly M. Cassidy

  57. Added Co-Sponsor Rep. Sue Scherer

  58. Added Co-Sponsor Rep. Abdelnasser Rashid

  59. Added Co-Sponsor Rep. Theresa Mah

  60. Added Co-Sponsor Rep. Carol Ammons

  61. Placed on Calendar 2nd Reading - Short Debate

  62. Do Pass / Short Debate Human Services Committee; 012-000-000

  63. Added Co-Sponsor Rep. Yolonda Morris

  64. Added Chief Co-Sponsor Rep. Charles Meier

  65. Remove Chief Co-Sponsor Rep. Harry Benton

  66. Added Co-Sponsor Rep. Michelle Mussman

  67. Assigned to Human Services Committee

  68. Added Co-Sponsor Rep. Martha Deuter

  69. Added Chief Co-Sponsor Rep. Katie Stuart

  70. Added Chief Co-Sponsor Rep. Harry Benton

  71. Added Chief Co-Sponsor Rep. Gregg Johnson

  72. Added Chief Co-Sponsor Rep. Maurice A. West, II

  73. Added Co-Sponsor Rep. Maura Hirschauer

  74. Added Co-Sponsor Rep. Will Guzzardi

  75. Added Co-Sponsor Rep. Nicolle Grasse

  76. Added Co-Sponsor Rep. Nabeela Syed

  77. Added Co-Sponsor Rep. Anna Moeller

  78. Referred to Rules Committee

  79. First Reading

  80. Filed with the Clerk by Rep. Laura Faver Dias

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 33 co-sponsors · 149 not signed on · 1 voted No

Sponsors (1)

Co-sponsors (33)

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Concurrence

Passed 117 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 74001
Republican 39000
Unaffiliated 3000
Total 116001
% of votes cast 99%0%0%1%
How each member voted (117)
Member Party Vote
Jacobs — Yea
Johnson — Yea
Hernandez, Lisa — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Janet Yang Rohr Democrat Yea
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Not Voting
Justin Cochran Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
Kimberly Du Buclet Democrat Yea
La Shawn K. Ford Democrat Yea
Laura Faver Dias Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Tracy Katz Muhl Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Yea
Amy Elik Republican Yea
Amy L. Grant Republican Yea
Blaine Wilhour Republican Yea
Brad Halbrook Republican Yea
Brad Stephens Republican Yea
Bradley Fritts Republican Yea
Brandun Schweizer Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Yea
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Yea
Dave Severin Republican Yea
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Yea
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Kyle Moore Republican Yea
Martin McLaughlin Republican Yea
Michael J. Coffey, Jr. Republican Yea
Nicole La Ha Republican Yea
Norine K. Hammond Republican Yea
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Yea
Regan Deering Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Yea

Official roll call →

Human Services

Passed 12 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 8000
Republican 4000
Total 12000
% of votes cast 100%0%0%0%
How each member voted (12)
Member Party Vote
Amy Briel Democrat Yea
Anna Moeller Democrat Yea
Kelly M. Cassidy Democrat Yea
Lindsey LaPointe Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Michael Crawford Democrat Yea
Nicolle Grasse Democrat Yea
Yolonda Morris Democrat Yea
Charles Meier Republican Yea
Jackie Haas Republican Yea
Kevin Schmidt Republican Yea
Norine K. Hammond Republican Yea

Official roll call →

Third Reading

Passed 59 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 19000
Democrat 38000
Unaffiliated 1000
Total 58000
% of votes cast 100%0%0%0%
How each member voted (58)
Member Party Vote
Johnson — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Meg Loughran Cappel Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Mike Simmons Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Suzy Glowiak Hilton Democrat Yea
Thaddeus Jones Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Chris Balkema Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Darby A. Hills Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Executive

Passed 11 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Republican 3001
Democrat 8001
Total 11002
% of votes cast 85%0%0%15%
How each member voted (13)
Member Party Vote
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
Don Harmon Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Omar Aquino Democrat Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Not Voting
Sue Rezin Republican Yea

Official roll call →

Third Reading

Passed 100 Yea · 1 Nay
Party YeaNayPresentNot Voting
Democrat 640011
Republican 32106
Unaffiliated 3000
Total 991017
% of votes cast 85%1%0%15%
How each member voted (117)
Member Party Vote
Jacobs — Yea
Johnson — Yea
Hernandez, Lisa — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Not Voting
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Not Voting
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Not Voting
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Not Voting
Jaime M. Andrade, Jr. Democrat Not Voting
Janet Yang Rohr Democrat Yea
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Not Voting
Joyce Mason Democrat Yea
Justin Cochran Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
Kimberly Du Buclet Democrat Yea
La Shawn K. Ford Democrat Not Voting
Laura Faver Dias Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Not Voting
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Not Voting
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Not Voting
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Not Voting
Theresa Mah Democrat Yea
Tracy Katz Muhl Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Not Voting
Amy Elik Republican Yea
Amy L. Grant Republican Not Voting
Blaine Wilhour Republican Yea
Brad Halbrook Republican Yea
Brad Stephens Republican Not Voting
Bradley Fritts Republican Yea
Brandun Schweizer Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Yea
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Nay
Dave Severin Republican Yea
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Not Voting
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Not Voting
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Kyle Moore Republican Yea
Martin McLaughlin Republican Yea
Michael J. Coffey, Jr. Republican Yea
Nicole La Ha Republican Yea
Norine K. Hammond Republican Yea
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Yea
Regan Deering Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Not Voting
William E Hauter Republican Yea

Official roll call →

Human Services

Passed 12 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 8000
Republican 4000
Total 12000
% of votes cast 100%0%0%0%
How each member voted (12)
Member Party Vote
Amy Briel Democrat Yea
Anna Moeller Democrat Yea
Kelly M. Cassidy Democrat Yea
Lindsey LaPointe Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Nicolle Grasse Democrat Yea
Suzanne M. Ness Democrat Yea
Yolonda Morris Democrat Yea
Charles Meier Republican Yea
Jackie Haas Republican Yea
Kevin Schmidt Republican Yea
Norine K. Hammond Republican Yea

Official roll call →

Human Services

Passed 12 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 8000
Republican 4000
Total 12000
% of votes cast 100%0%0%0%
How each member voted (12)
Member Party Vote
Amy Briel Democrat Yea
Anna Moeller Democrat Yea
Kelly M. Cassidy Democrat Yea
Lindsey LaPointe Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Nicolle Grasse Democrat Yea
Suzanne M. Ness Democrat Yea
Yolonda Morris Democrat Yea
Charles Meier Republican Yea
Jackie Haas Republican Yea
Kevin Schmidt Republican Yea
Norine K. Hammond Republican Yea

Official roll call →

Subjects

public-safety finance healthcare labor
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Frequently asked questions

What does HB4728      do?
Amends the Community Living Facilities Licensing Act, the MC/DD Act, the ID/DD Community Care Act, the Community-Integrated Living Arrangements Licensure and Certification Act, and the Child Care Act of 1969. Requires the State agencies responsible for licensing facilities under those Acts to adopt, by December 31, 2026, rules requiring a facility to disclose upon initial application for licensure and on a quarterly basis thereafter, whether the facility, its subsidiaries, affiliates, parent companies, or contractual service providers are owned, managed, or contained within a fund owned or managed by an asset management company; and if so, to make certain disclosures about the asset management company's assets, the facility's debt, and other matters. Requires the State agencies to also adopt rules requiring such a facility to provide written notice of transactions and copies of agreements which would (i) sell or otherwise dispose of a material amount of the facility's assets or (ii) transfer control, responsibility, or governance of a material amount of the facility's assets or operations. Prohibits facilities owned or managed by an asset management company from engaging in certain transactions or actions that would result in the facility issuing debt-funded dividends or perform any other similar action causing the facility to become financially distressed. Provides that a violation of these requirements and prohibitions constitutes an unlawful practice within the meaning of the Consumer Fraud and Deceptive Business Practices Act. Requires the State agencies to publish disclosures, written notices, and copies of agreements submitted by facilities on the agencies' public websites. Imposes similar requirements and prohibitions on adult day service providers serving individuals with developmental disabilities under the Illinois Act on the Aging and providers of adult developmental training services under the Mental Health and Developmental Disabilities Administrative Act. Effective immediately.
Who sponsors HB4728     ?
HB4728      is sponsored by Javier L. Cervantes, Willie Preston, Karina Villa, David Koehler, Kimberly A. Lightford, Mike Porfirio, Mary Edly-Allen, Rachel Ventura, Li Arellano, Jr., Christopher Belt, Laura Faver Dias (Democrat), Maurice A. West, II (Democrat), Michael W. Halpin, Celina Villanueva, Michael E. Hastings, Mark L. Walker, Gregg Johnson (Democrat), Katie Stuart (Democrat), Charles Meier (Republican), Anna Moeller (Democrat), Nabeela Syed (Democrat), Nicolle Grasse (Democrat), Will Guzzardi (Democrat), Maura Hirschauer (Democrat), Martha Deuter (Democrat), Michelle Mussman (Democrat), Yolonda Morris (Democrat), Carol Ammons (Democrat), Theresa Mah (Democrat), Abdelnasser Rashid (Democrat), Sue Scherer (Democrat), Kelly M. Cassidy (Democrat), and Diane Blair-Sherlock (Democrat).
What is the current status of HB4728     ?
This bill has been sent to the executive. Introduced January 30, 2026. It awaits signature.
Where can I track HB4728     ?
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