Translate
SB3916 - 104th General Assembly
HOSPITAL FINANCIAL RESOLUTION
Last Action
Statutes Amended In Order of Appearance
5 ILCS 100/5-45.71 new
210 ILCS 85/6.14i new
305 ILCS 5/5A-3.1 new
Synopsis As Introduced
Amends the Hospital Licensing Act. Requires each hospital licensed under the Act to submit to the Department of Public Health a financial resolution plan with the specified information for the rapid and orderly resolution of finances and operations in the event of material financial distress. Establishes further reporting requirements and penalties. Includes financial resolution plans in the list of information subject to disclosure to the public from the Department. Amends the Illinois Public Aid Code. Sets forth provisions concerning financial reporting requirements for nonexempt hospitals. Provides that, if a hospital has not filed the required information within 45 days after the close of the quarterly reporting period, the Department of Healthcare and Family Services shall suspend specified authorized payments until the Department receives the required information. Provides that the Department may adopt rules, including emergency rules, necessary to implement financial reporting requirements for nonexempt hospitals. Amends the Illinois Administrative Procedure Act to authorize emergency rulemaking.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/06/2026 | Senate | Filed with Secretary by Sen. Laura Fine |
| 2/06/2026 | Senate | First Reading |
| 2/06/2026 | Senate | Referred to Assignments |
| 2/24/2026 | Senate | Assigned to Appropriations- Health and Human Services |
| 3/02/2026 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine |
| 3/02/2026 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 3/03/2026 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Appropriations- Health and Human Services |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |
| 4/09/2026 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| 4/24/2026 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026 |