Bill > HB4213

This bill amends the Illinois Public Aid Code to extend the maximum repayment period for hospital provider assessments from 36 to 72 months. Specifically, the bill modifies provisions related to hospital assessments, allowing hospitals more time to repay outstanding assessment liabilities through repayment plans or after the conclusion of a tax deferral plan. The legislation provides hospitals with additional flexibility in managing financial obligations by increasing the maximum repayment timeline. Under the new provisions, hospitals can enter into a repayment plan or tax deferral plan within 30 days of receiving a notice of unpaid assessment, with the understanding that the total repayment period cannot exceed 72 months. The bill also includes a provision that beginning September 1, 2025, the Illinois Department will immediately collect overdue unpaid assessments and penalties, unless a repayment plan is already in place. This change aims to provide hospitals with more manageable financial terms while ensuring the state can recover outstanding assessment payments.

https://www.ilga.gov/Legislation/BillStatus?DocNum=4213&GAID=18&DocTypeID=HB&SessionID=114&GA=104