Illinois SB 1998: HEALTH CARE CONSOLIDATION

Status: Referred to Assignments (as of 2025-02-06)

State: Illinois · Session: 104th · Bill: SB 1998

Sponsors: Graciela Guzmán

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB1998

Introduced 2/6/2025, by Sen. Graciela Guzmán 

SYNOPSIS AS INTRODUCED:

740 ILCS 10/7.2a

 Amends the Illinois Antitrust Act. Requires the Attorney General to consent to covered transactions of health care facilities before a covered transaction may take effect.

LRB104 09783 JRC 19849 b

A BILL FOR

SB1998LRB104 09783 JRC 19849 b

1 AN ACT concerning civil law.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Antitrust Act is amended by 

5changing Section 7.2a as follows:

6 (740 ILCS 10/7.2a)

7 (Section scheduled to be repealed on January 1, 2027)

8 Sec. 7.2a. Notification to the Attorney General.

9 (a) As used in this Section:

10 "Acquisition" means an agreement, arrangement, or activity 

11the consummation of which results in a person acquiring 

12directly or indirectly the control of another person. 

13"Acquisition" includes the acquisition of voting securities 

14and noncorporate interests, such as assets, capital stock, 

15membership interests, or equity interests.

16 "Contracting affiliation" means the formation of a 

17relationship between 2 or more entities that permits the 

18entities to negotiate jointly with health carriers or 

19third-party administrators over rates for professional medical 

20services, or for one entity to negotiate on behalf of the other 

21entity with health carriers or third-party administrators over 

22rates for professional medical services. "Contracting 

23affiliation" does not include arrangements among entities 

SB1998- 2 -LRB104 09783 JRC 19849 b

1under common ownership.

2 "Covered transaction" means any merger, acquisition, or 

3con

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