HOSPITAL FINANCIAL RESOLUTION
- Introduced Feb 6, 2026
- In committee Feb 6, 2026
- Passed the Senate Next
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
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…
Read the full title (155 words)
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.
Every action
20 steps, oldest first, as the legislature records them.
Show the 12 earlier steps
- SenateFiled with Secretary by Sen. Laura Fine
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- CommitteeAssigned to Appropriations- Health and Human Services · Senate Health and Human Services
- SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine
- CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 1 Assignments Refers to Appropriations- Health and Human Services · Senate Health and Human Services
- SenateRule 2-10 Committee Deadline Established As April 24, 2026
- SenateAdded as Co-Sponsor Sen. Rachel Ventura
- SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
- SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Laura Fine
- CommitteeSenate Committee Amendment No. 2 Referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 2 Assignments Refers to Appropriations- Health and Human Services · Senate Health and Human Services
- SenateAdded as Co-Sponsor Sen. Mattie Hunter
- SenateAdded as Co-Sponsor Sen. Christopher Belt
- SenateAdded as Co-Sponsor Sen. Mike Simmons
- SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
- CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
- CommitteeSenate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 4 cosponsors: 4 Democrats.
-
Laura FineD Primary sponsor · District 9
All 4 cosponsors
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.