# Illinois HB4728: DD FACILITY-ASSET MGMT COMPANY Illinois HB4728, DD FACILITY-ASSET MGMT COMPANY, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status signed, last action 2026-07-30 (Public Act . . . . . . . . . 104-0661) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-HB4728-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois HB4728 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: DD FACILITY-ASSET MGMT COMPANY - Status: signed - Chamber: House - Introduced: 2026-01-30 - Last action: 2026-07-30, Public Act . . . . . . . . . 104-0661 - Sponsors: no sponsor on record - Cosponsors: 34 - Subjects: human services, assignments, executive - Touches household money: no - Roll calls: 7 (323 yes, 1 no in all) - Economic provisions PRIA read: 0 ## 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 overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Cosponsor: Abdelnasser Rashid (Democratic), House - Cosponsor: Adriane L. Johnson (Democratic), Senate - Cosponsor: Anna Moeller (Democratic), House - Cosponsor: Carol Ammons (Democratic), House - Cosponsor: Celina Villanueva (Democratic), Senate - Cosponsor: Charles Meier (Republican), House - Cosponsor: Christopher Belt (Democratic), Senate - Cosponsor: David Koehler (Democratic), Senate - Cosponsor: Diane Blair-Sherlock (Democratic), House - Cosponsor: Gregg Johnson (Democratic), House - Cosponsor: Javier L. Cervantes (Democratic), Senate - Cosponsor: Karina Villa (Democratic), Senate - Cosponsor: Katie Stuart (Democratic), House - Cosponsor: Kelly M. Cassidy (Democratic), House - Cosponsor: Kimberly A. Lightford (Democratic), Senate - Cosponsor: Laura Faver Dias (Democratic), House - Cosponsor: Li Arellano, Jr. (Republican), Senate - Cosponsor: Mark L. Walker (Democratic), Senate - Cosponsor: Martha Deuter (Democratic), House - Cosponsor: Mary Edly-Allen (Democratic), Senate - Cosponsor: Maura Hirschauer (Democratic), House - Cosponsor: Maurice A. West, II (Democratic), House - Cosponsor: Michael E. Hastings (Democratic), Senate - Cosponsor: Michael W. Halpin (Democratic), Senate - Cosponsor: Michelle Mussman (Democratic), House - Cosponsor: Mike Porfirio (Democratic), Senate - Cosponsor: Nabeela Syed (Democratic), House - Cosponsor: Nicolle Grasse (Democratic), House - Cosponsor: Rachel Ventura (Democratic), Senate - Cosponsor: Sue Scherer (Democratic), House - Cosponsor: Theresa Mah (Democratic), House - Cosponsor: Will Guzzardi (Democratic), House - Cosponsor: Willie Preston (Democratic), Senate - Cosponsor: Yolonda Morris (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-05-31 | House | Senate Committee Amendment No. 1 House Concurs | pass | 117 | 0 | | | 2026-05-29 | House | Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Human Services Committee; | pass | 12 | 0 | | | 2026-05-28 | Senate | Third Reading - Passed; | pass | 59 | 0 | | | 2026-05-20 | Senate | Do Pass as Amended Executive; | pass | 11 | 0 | | | 2026-04-17 | House | Third Reading - Short Debate - Passed | pass | 100 | 1 | | | 2026-04-16 | House | House Floor Amendment No. 1 Recommends Be Adopted Human Services Committee; | pass | 12 | 0 | | | 2026-03-25 | House | Do Pass / Short Debate Human Services Committee; | pass | 12 | 0 | | ## Actions (80) - 2026-07-30: Public Act . . . . . . . . . 104-0661 (House) - 2026-07-30: Effective Date July 1, 2027 (House) - 2026-07-30: Governor Approved (House) - 2026-06-26: Sent to the Governor (House) - 2026-05-31: Passed Both Houses (House) - 2026-05-31: House Concurs (House) - 2026-05-31: Senate Committee Amendment No. 1 House Concurs 117-000-000 (House) - 2026-05-29: Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Human Services Committee; 012-000-000 (House) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Mark L. Walker (Senate) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Michael E. Hastings (Senate) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Celina Villanueva (Senate) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Michael W. Halpin (Senate) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Christopher Belt (Senate) - 2026-05-29: Added as Alternate Co-Sponsor Sen. Li Arellano, Jr. (Senate) - 2026-05-29: Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Human Services Committee (House) - 2026-05-28: Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee (House) - 2026-05-28: Senate Committee Amendment No. 1 Motion Filed Concur Rep. Laura Faver Dias (House) - 2026-05-28: Placed on Calendar Order of Concurrence Senate Amendment(s) 1 (House) - 2026-05-28: Arrived in House (House) - 2026-05-28: Third Reading - Passed; 059-000-000 (Senate) - 2026-05-26: Added as Alternate Chief Co-Sponsor Sen. Karina Villa (Senate) - 2026-05-22: Rule 2-10 Third Reading Deadline Established As May 31, 2026 (Senate) - 2026-05-21: Added as Alternate Co-Sponsor Sen. Rachel Ventura (Senate) - 2026-05-21: Added as Alternate Co-Sponsor Sen. Mary Edly-Allen (Senate) - 2026-05-21: Added as Alternate Co-Sponsor Sen. Adriane L. Johnson (Senate) - 2026-05-21: Added as Alternate Co-Sponsor Sen. Mike Porfirio (Senate) - 2026-05-21: Added as Alternate Chief Co-Sponsor Sen. Willie Preston (Senate) - 2026-05-21: Placed on Calendar Order of 3rd Reading May 25, 2026 (Senate) - 2026-05-21: Second Reading (Senate) - 2026-05-20: Placed on Calendar Order of 2nd Reading May 21, 2026 (Senate) - 2026-05-20: Do Pass as Amended Executive; 011-000-000 (Senate) - 2026-05-20: Senate Committee Amendment No. 1 Adopted (Senate) - 2026-05-20: Added as Alternate Co-Sponsor Sen. Kimberly A. Lightford (Senate) - 2026-05-19: Senate Committee Amendment No. 1 Assignments Refers to Executive (Senate) - 2026-05-15: Rule 2-10 Committee Deadline Established As May 22, 2026 (Senate) - 2026-05-15: Senate Committee Amendment No. 1 Referred to Assignments (Senate) - 2026-05-15: Senate Committee Amendment No. 1 Filed with Secretary by Sen. Javier L. Cervantes (Senate) - 2026-05-08: Rule 2-10 Committee Deadline Established As May 15, 2026 (Senate) - 2026-04-29: Added as Alternate Co-Sponsor Sen. David Koehler (Senate) - 2026-04-28: Assigned to Executive (Senate) - 2026-04-21: Referred to Assignments (Senate) - 2026-04-21: First Reading (Senate) - 2026-04-21: Chief Senate Sponsor Sen. Javier L. Cervantes (Senate) - 2026-04-21: Placed on Calendar Order of First Reading (Senate) - 2026-04-21: Arrive in Senate (Senate) - 2026-04-17: Third Reading - Short Debate - Passed 100-001-000 (House) - 2026-04-17: Placed on Calendar Order of 3rd Reading - Short Debate (House) - 2026-04-17: House Floor Amendment No. 1 Adopted (House) - 2026-04-16: House Floor Amendment No. 1 Recommends Be Adopted Human Services Committee; 012-000-000 (House) - 2026-04-15: House Floor Amendment No. 1 Rules Refers to Human Services Committee (House) - 2026-04-14: House Floor Amendment No. 1 Referred to Rules Committee (House) - 2026-04-14: House Floor Amendment No. 1 Filed with Clerk by Rep. Laura Faver Dias (House) - 2026-04-10: Held on Calendar Order of Second Reading - Short Debate (House) - 2026-04-10: Second Reading - Short Debate (House) - 2026-04-09: Added Co-Sponsor Rep. Diane Blair-Sherlock (House) - 2026-04-09: Added Co-Sponsor Rep. Kelly M. Cassidy (House) - 2026-04-09: Added Co-Sponsor Rep. Sue Scherer (House) - 2026-04-09: Added Co-Sponsor Rep. Abdelnasser Rashid (House) - 2026-04-09: Added Co-Sponsor Rep. Theresa Mah (House) - 2026-04-09: Added Co-Sponsor Rep. Carol Ammons (House) - 2026-03-25: Placed on Calendar 2nd Reading - Short Debate (House) - 2026-03-25: Do Pass / Short Debate Human Services Committee; 012-000-000 (House) - 2026-03-25: Added Co-Sponsor Rep. Yolonda Morris (House) - 2026-03-25: Added Chief Co-Sponsor Rep. Charles Meier (House) - 2026-03-25: Remove Chief Co-Sponsor Rep. Harry Benton (House) - 2026-03-04: Added Co-Sponsor Rep. Michelle Mussman (House) - 2026-03-04: Assigned to Human Services Committee (House) - 2026-02-27: Added Co-Sponsor Rep. Martha Deuter (House) - 2026-02-24: Added Chief Co-Sponsor Rep. Katie Stuart (House) - 2026-02-24: Added Chief Co-Sponsor Rep. Harry Benton (House) - 2026-02-24: Added Chief Co-Sponsor Rep. Gregg Johnson (House) - 2026-02-24: Added Chief Co-Sponsor Rep. Maurice A. West, II (House) - 2026-02-24: Added Co-Sponsor Rep. Maura Hirschauer (House) - 2026-02-24: Added Co-Sponsor Rep. Will Guzzardi (House) - 2026-02-24: Added Co-Sponsor Rep. Nicolle Grasse (House) - 2026-02-24: Added Co-Sponsor Rep. Nabeela Syed (House) - 2026-02-24: Added Co-Sponsor Rep. Anna Moeller (House) - 2026-02-06: Referred to Rules Committee (House) - 2026-02-06: First Reading (House) - 2026-01-30: Filed with the Clerk by Rep. Laura Faver Dias (House) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728eng.pdf) - Enrolled: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728enr.pdf) - House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728ham001.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728.pdf) - Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728sam001.pdf) ## Related bills - HB5198: AFFORDABLE HOUSING-CILAS (passed house) - SB1937: PENSION CODE-VARIOUS (passed senate) - HB2563: CONDO-RESERVE STUDY (in committee) - HB4701: LIMITATIONS FACILITY FEES ACT (in committee) - SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate) - SB3484: VEH CD-PLATES-REGISTRATION (signed) ## Sources - [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728eng.pdf) - [Enrolled (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728enr.pdf) - [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728ham001.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728.pdf) - [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4728sam001.pdf) ## Related - [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026) - [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026) - [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026) - [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026) - [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026) - [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026) - [Illinois bills](https://policyrisk.com/states/illinois/bills) - [Illinois state hub](https://policyrisk.com/states/illinois) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IL-HB4728-2025-2026 (as of 2026-11-01).