SB3916 — HOSPITAL FINANCIAL RESOLUTION
Last action — Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill requires hospitals to submit financial resolution plans for financial distress situations.
This bill mandates hospitals to provide a financial resolution plan to the Department of Public Health to manage financial distress. It sets reporting requirements and penalties for noncompliance, ensuring public disclosure of these plans.
What this means for you
- Healthcare: Hospitals must now prepare and disclose financial plans to ensure stability during financial difficulties.
Summary
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.
Bill Text
We don't have the full text on file for this bill yet.
Read SB3916 on the official Illinois source →Action History
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Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
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Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
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Rule 3-9(a) / Re-referred to Assignments
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Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
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Added as Co-Sponsor Sen. Mike Simmons
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Added as Co-Sponsor Sen. Christopher Belt
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Added as Co-Sponsor Sen. Mattie Hunter
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Senate Committee Amendment No. 2 Assignments Refers to Appropriations- Health and Human Services
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Senate Committee Amendment No. 2 Referred to Assignments
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Senate Committee Amendment No. 2 Filed with Secretary by Sen. Laura Fine
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Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
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Added as Co-Sponsor Sen. Rachel Ventura
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Rule 2-10 Committee Deadline Established As April 24, 2026
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Senate Committee Amendment No. 1 Assignments Refers to Appropriations- Health and Human Services
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Senate Committee Amendment No. 1 Referred to Assignments
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Senate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine
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Assigned to Appropriations- Health and Human Services
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Laura Fine
Sponsors
- Laura Fine · Primary
- Rachel Ventura · Cosponsor
- Mattie Hunter · Cosponsor
- Christopher Belt · Cosponsor
- Mike Simmons · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 4 co-sponsors · 178 not signed on
Sponsors (1)
- Laura Fine Democrat
Co-sponsors (4)
- Rachel Ventura Democrat
- Mattie Hunter Democrat
- Christopher Belt Democrat
- Mike Simmons Democrat
Not signed on (178)
178 members have not signed on to this bill.
Show all 178 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB3916 do?
- 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.
- Who sponsors SB3916 ?
- SB3916 is sponsored by Laura Fine (Democrat), Rachel Ventura (Democrat), Mattie Hunter (Democrat), Christopher Belt (Democrat), and Mike Simmons (Democrat).
- What is the current status of SB3916 ?
- This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
- Where can I track SB3916 ?
- Track SB3916 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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