Illinois HB5780 mandates labor compliance disclosure for health care facilities seeking state-supported bonds or financing.
HB5780, the Labor Compliance Disclosure for Health Care Facilities Act, requires applicants for state-supported bonds or financing to submit a labor compliance disclosure statement. This statement must list all labor violations within the past five years, including details such as the issuing agency, date, nature of the violation, penalties, and current compliance status. The Health Facilities and Services Review Board and the Illinois Finance Authority must consider these disclosures in their assessments of financial feasibility, management capability, and public interest.
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