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IL SB2742

IL SB2742
HOSP ASSESSMENT REPAYMENTS


summary

Introduced
01/13/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Hospital Provider Funding Article of the Illinois Public Aid Code. In provisions concerning outstanding hospital assessments that are paid under a repayment plan or after the end of a tax deferral plan, provides that the period of repayment shall not exceed 72 (rather than 36) months.

AI Summary

This bill amends the Illinois Public Aid Code concerning how hospitals repay outstanding assessments, which are fees hospitals pay to the state. Specifically, it extends the maximum repayment period for hospitals that have entered into a repayment plan or are repaying after a tax deferral plan from 36 months to 72 months, meaning hospitals will have twice as long to pay off their overdue assessment liabilities. This change aims to provide hospitals with more flexibility in managing their financial obligations to the state.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Assigned to Appropriations- Health and Human Services (on 02/03/2026)

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