An Act establishing requirements for hospital-based financial assistance; providing for hospital-based financial assistance forms, for information about hospital-based financial assistance programs and for reporting of hospital-based financial assistance policies; and imposing duties on the Department of Health.

Eliminated the state-funded Medical Debt Relief Program that previously allowed the Department of Health to contract with coordinators to purchase and discharge medical debt for eligible residents.

Added mandatory requirements for hospitals to develop and use uniform application forms and a one-page summary template for their financial assistance policies.

Required hospitals to post their financial assistance forms and policies on their websites and provide them to patients upon intake and discharge.

Added a specific definition for 'HOSPITAL' to clarify that the rules apply to nonprofit or private hospitals.

Changed the effective date structure so that the new hospital reporting and disclosure requirements take effect 270 days after enactment, while other sections take effect immediately.

Removed the specific eligibility criteria and income thresholds that previously defined who could receive state-funded debt relief.