DD FACILITY-ASSET MGMT COMPANY
Illinois bill establishes a state asset management company to operate developmental disability facilities' infrastructure and property assets.
Illinois bill establishes a state asset management company to operate developmental disability facilities' infrastructure and property assets.
SB 3118 creates a new state asset management company specifically focused on developmental disability (DD) facilities. The bill establishes a dedicated entity to oversee, maintain, and potentially manage the physical infrastructure and assets of Illinois's developmental disability care facilities.
Illinois's DD facility infrastructure requires significant capital investment and ongoing maintenance to provide safe, quality care environments. A specialized asset management company could streamline facility operations, reduce costs through centralized management, and potentially improve conditions at these care settings that serve some of the state's most vulnerable populations.
Compiled from official sources — confirm details with the bill’s official record.
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