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SB3916Introduced in the Senate

HOSPITAL FINANCIAL RESOLUTION

IntroducedSenate Assignments

Introduced by Laura Fine, District 9

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments

May 22, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed with Secretary by Sen. Laura Fine

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Appropriations- Health and Human Services

  5. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine

  6. Senate Committee Amendment No. 1 Referred to Assignments

  7. Senate Committee Amendment No. 1 Assignments Refers to Appropriations- Health and Human Services

  8. Rule 2-10 Committee Deadline Established As April 24, 2026

  9. Added as Co-Sponsor Sen. Rachel Ventura

  10. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

  11. Senate Committee Amendment No. 2 Filed with Secretary by Sen. Laura Fine

  12. Senate Committee Amendment No. 2 Referred to Assignments

  13. Senate Committee Amendment No. 2 Assignments Refers to Appropriations- Health and Human Services

  14. Added as Co-Sponsor Sen. Mattie Hunter

  15. Added as Co-Sponsor Sen. Christopher Belt

  16. Added as Co-Sponsor Sen. Mike Simmons

  17. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

  18. Rule 3-9(a) / Re-referred to Assignments

  19. Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

  20. Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments

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