Bill Text: IL SB2941 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Hospital Licensing Act. Provides that a municipality, political subdivision, State agency, or other governmental entity that owns or operates a hospital under any law authorizing or establishing a hospital or hospital district shall, relative to the delivery of health care services, have, in addition to any authority vested by law, the authority and legal capacity concerning the specified use and investment of funds. Provides that conversion of public funds for the benefit of any individual concerning the specified use and investment of funds shall constitute grounds for review and action by the Attorney General or the applicable State's Attorney. Provides that a municipality, political subdivision, State agency, or other governmental entity exercising the powers granted for the use and investment of funds shall be subject to all applicable public purchasing requirements and the requirements of the Open Meetings Act.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-01-31 - Referred to Assignments [SB2941 Detail]

Download: Illinois-2023-SB2941-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2941 Introduced 1/31/2024, by Sen. Win Stoller SYNOPSIS AS INTRODUCED:
210 ILCS 85/17 new
Amends the Hospital Licensing Act. Provides that a municipality, political subdivision, State agency, or other governmental entity that owns or operates a hospital under any law authorizing or establishing a hospital or hospital district shall, relative to the delivery of health care services, have, in addition to any authority vested by law, the authority and legal capacity concerning the specified use and investment of funds. Provides that conversion of public funds for the benefit of any individual concerning the specified use and investment of funds shall constitute grounds for review and action by the Attorney General or the applicable State's Attorney. Provides that a municipality, political subdivision, State agency, or other governmental entity exercising the powers granted for the use and investment of funds shall be subject to all applicable public purchasing requirements and the requirements of the Open Meetings Act.
LRB103 37932 CES 68064 b
A BILL FOR
SB2941 LRB103 37932 CES 68064 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Hospital Licensing Act is amended by adding
Section 17 as follows:
(210 ILCS 85/17 new)
Sec. 17. Hospital investment.
(a) Notwithstanding any provision of law to the contrary,
a municipality, political subdivision, State agency, or other
governmental entity that owns or operates a hospital under any
law authorizing or establishing a hospital or hospital
district shall, with respect to the delivery of health care
services, have, in addition to any authority vested by law,
the following authority and legal capacity:
(1) to expend funds, including public funds in any
form, or devote the resources of the hospital or hospital
district for the successful performance of the hospital or
hospital district's public purpose or the promotion of
health, provided that the expenditures in whatever form
are reasonable under the facts and circumstances of the
situation; and
(2) to invest hospital funds in any security
recommended by a registered investment adviser or by a

SB2941 - 2 - LRB103 37932 CES 68064 b