Real Estate Law

(Feigenholtz, D-Chicago; Steans, D-Chicago) is supposed to eliminate Illinois’ $2.7 billion Medicaid funding gap. Included in Senate Bill 2840 is a repeal of the compromise of the Medicaid eligibility rules negotiated last fall between the Department of Healthcare and Family Services and the Joint Committee on Administrative Rules. Some of these changes include the following: (1) A home transferred into a trust after the bill becomes law may not be considered homestead property. If the home was transferred into a trust before the bill becomes law, it prevents a person from being eligible for long-term care if the person’s equity interest in this homestead exceeds the minimum home equity as allowed under federal law. (2) People over the age of 65 can no longer participate in a federally created OBRA Pooled Trust unless the beneficiary is a ward of the county public guardian or the State guardian. (3) A healthy spouse still living at home will receive only the minimum resource allowance instead of the maximum allowance as previously approved by JCAR. ($110,000 decreased to $22,000) (4) Abolishes spousal refusal entirely so that HFS is not limited to how much it can seek when pursing a support order against a community spouse. Senate Bill 2840 will be heard in House Executive Committee this afternoon. The bill has an immediate effective date and will therefore take effect when the Governor signs it. House Amendment No. 3 is at the link below, and these provisions may be found starting on page 75.

(Althoff, R-Crystal Lake) allows a county collector to mail a property tax bill to the property owner at his or her new address if a property owner conveys a permanent change of address in writing to the United States Postal Service. It also allows the collector to send the tax bill via email at the request of the taxpayer. If the taxpayer makes this request, then the taxpayer must notify the collector of any change in his or her e-mail address as soon as possible after the address is changed. Passed the Senate and arrived in the House.

(Althoff, R-Crystal Lake) requires that the work be done or the material furnished: (1) within 3 years from the commencement of the work or the commencement of furnishing the material in the case of work done or material furnished as to owner-occupied residential property; and (2) within 5 years from the commencement of the work or the commencement of furnishing the material in the case of work done or material furnished as to any other type of property. This new law would sunset in three years. Scheduled for hearing in Senate Judicary Committee on Tuesday afternoon.

(McAsey, D-Lockport) requires that a contract to build a home must contain a provision requiring that a “radon mitigation system” be included in the construction. "Radon mitigation system" means components and measures designed to permanently reduce or eliminate indoor radon concentrations according to procedures described in 32 Illinois Administrative code Part 422. Scheduled for hearing next Wednesday in House Judiciary Committee I.