Illinois 2023-2024 Regular Session

Illinois House Bill HB2494

Introduced
2/15/23  
Introduced
2/15/23  
Refer
2/21/23  
Refer
2/15/23  
Refer
3/10/23  
Refer
2/21/23  
Refer
3/10/23  

Caption

LIFE CARE-REFUND ENTRANCE FEE

Impact

The implications of HB2494 are notable, particularly in terms of enhancing the rights of residents in life care facilities. The amendment ensures that once a resident or their estate provides written notice of their intent to vacate, facilities are required to acknowledge and act on that notice. They must restore the vacated unit to its original condition and assign a sequential refund number for refundable entrance fees, thereby ensuring that residents are treated fairly and consistently. Such provisions are expected to have a positive effect on the transparency of the refund process, further reassuring residents about their financial commitments.

Summary

House Bill 2494 seeks to amend the Life Care Facilities Act in Illinois by establishing new provisions for residents wishing to vacate their units in such facilities. Specifically, the bill allows residents to cancel their life care contracts with a 60 days' written notice. This significant alteration is intended to provide residents with a greater sense of security and freedom in managing their living situations, as they can now exit contracts without needing to provide reasons. The bill's language emphasizes that such notice must be given regardless of the circumstances that lead to the decision to vacate.

Contention

While the provisions in HB2494 overall improve conditions for residents, the bill may generate some contention regarding its implementation, particularly around the responsibilities placed on facility managers. Questions may arise concerning how quickly facilities must process vacated units and refunds, as well as the potential for disputes over monthly fees during the notice period. Additionally, some stakeholders might argue that while these protections are necessary, the administrative burden placed on facilities could affect their operational efficiency.

Additional_points

Ultimately, HB2494 represents a step forward for consumer protection in the realm of life care facilities, aligning regulations with modern expectations for resident rights. If passed, it may serve as a benchmark for further legislation aimed at supporting the rights and well-being of individuals in care facilities across Illinois.

Companion Bills

No companion bills found.

Previously Filed As

IL A1702

Requires continuing care retirement community agreements to require refund of refundable entrance fees within one year.

IL S1457

Requires continuing care retirement community agreements to require refund of refundable entrance fees within one year.

IL A1196

Requires continuing care retirement community agreements to require refund of refundable entrance fees within one year.

IL A4078

Limits time continuing care retirement communities may retain refundable entrance fee.

IL S2971

Limits time continuing care retirement communities may retain refundable entrance fee.

IL A1031

Limits time continuing care retirement communities may retain refundable entrance fee.

IL HB2370

Entrance fee; refunds; time frame

IL HB4765

LIFE CARE-ENTRANCE FEE REFUND

IL HB2375

LIFE CARE FACILITIES-RIGHTS

IL H4198

Relative to entrance fee refund provisions in continuing care agreements and written residency agreements

Similar Bills

AZ HB2370

Entrance fee; refunds; time frame

CA AB1475

Construction Manager/General Contractor method: transportation projects.

CA AB2033

Continuing care contracts: repayable contracts.

CA AB1806

Public contracts: information technology: Department of Technology: modular contracting.

NM SB3

Behavioral Health Reform & Investment Act

NJ A1702

Requires continuing care retirement community agreements to require refund of refundable entrance fees within one year.

CA SB598

Public contracts: local water infrastructure projects: Construction Manager/General Contractor project delivery method.

CA AB3007

Telecommunications: automatic dialing-announcing devices: call mitigation technology.