IL HB5201

Requires county assessors to publish the assessed value and estimated property tax liability of all hospital properties qualifying for tax exemptions

Excludes general services like health fairs and marketing materials from qualifying as reimbursable costs for hospital property tax exemptions

Limits discounts to managed care organizations and commercial insurers from exemption calculations unless services are provided directly under contract with the Department of Healthcare and Family Services

Caps residency programs and research at 30% of total services claimed as benefits, and government-sponsored health care at 50% of total claimed benefits

Amends the Community Benefits Act to modify the definition of "charity care" and requires the Attorney General to post related hospital reports on their website