Illinois 104th General Assembly Status: Introduced 2 D cosponsors

HB5589      — HOSPITAL FINANCIAL RESOLUTION

Last action — Added Co-Sponsor Rep. Laura Faver Dias

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the House. Introduced February 06, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

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

This bill requires hospitals to submit financial resolution plans to handle financial distress.

Hospitals must create financial resolution plans for managing financial difficulties and report them to the Department of Public Health. If they fail to provide required information in time, payments may be suspended.

What this means for you
  • Healthcare: Hospitals will need to develop and submit plans to manage financial emergencies.

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 HB5589 on the official Illinois source →

Action History

  1. Added Co-Sponsor Rep. Laura Faver Dias

  2. House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

  3. Rule 19(a) / Re-referred to Rules Committee

  4. House Committee Amendment No. 1 Rules Refers to Human Services Committee

  5. House Committee Amendment No. 1 Referred to Rules Committee

  6. House Committee Amendment No. 1 Filed with Clerk by Rep. Robyn Gabel

  7. Assigned to Human Services Committee

  8. Referred to Rules Committee

  9. First Reading

  10. Filed with the Clerk by Rep. Robyn Gabel

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 181 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (181)

181 members have not signed on to this bill.

Show all 181 →

"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance healthcare health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB5589      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 HB5589     ?
HB5589      is sponsored by Robyn Gabel (Democrat) and Laura Faver Dias (Democrat).
What is the current status of HB5589     ?
This bill has been introduced in the House. Introduced February 06, 2026. It must pass committee before a floor vote.
Where can I track HB5589     ?
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Last checked for changes 3 months ago · updated continuously

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