HB2222 Summary

• Requires health care facilities and provider organizations to notify the Illinois Attorney General of covered transactions (mergers, acquisitions, contracting affiliations) no later than 30 days before the transaction closes or becomes effective.

• Notice requirements vary based on transaction type: parties filing federal Hart-Scott-Rodino premerger notifications must provide copies to the Attorney General; health care facilities filing with the Health Facilities and Services Review Board satisfy the requirement through that filing; other transactions must include parties' names, service locations, transaction description, and effective date.

• Authorizes the Attorney General to request additional information within 30 days of receiving notice, which delays the covered transaction for 30 days after substantial compliance; subsequent requests do not further delay the transaction, and the Attorney General may investigate or enforce antitrust laws at any time.

• Establishes civil penalties of up to $500 per day for noncompliance and authorizes the Attorney General to seek temporary restraining orders or injunctions in Circuit Court of Sangamon or Cook County; entities have 10 days to cure noncompliance before the proposed or actual closing date, whichever is sooner.

• Creates the Antitrust Enforcement Fund in the State treasury to receive penalties from antitrust violations; all provisions expire January 1, 2027.