IL HB3670

Requires pharmacy owners (companies with 10+ locations or $50 million+ annual revenue) to provide 180 days written notice before closing any pharmacy location to state agencies, local governments, and community leaders

Mandates pharmacy companies submit closure justification reports documenting financial losses, operational inefficiencies, or alignment with corporate social responsibility commitments to the Department of Financial and Professional Regulation and Department of Public Health

Requires at least 2 public meetings during the 180-day notice period at accessible venues with evening/weekend scheduling, virtual options, and opportunities for community feedback on closure plans

Companies must submit community transition plans detailing alternative pharmacy access options, transportation support, and potential repurposing of the closed location for healthcare uses such as telehealth kiosks or prescription lockers

Penalties for non-compliance include 5-year ineligibility for state/local tax incentives, repayment of any public subsidies received, and community restitution payments equal to the assessed property value of the closed pharmacy location