Creating a health care entity registry.

Removed all specific definitions for terms like 'affiliate,' 'health care entity,' and 'provider organization' that were previously included in the bill.

Deleted the mandatory annual reporting requirements that previously required entities to submit detailed financial, ownership, and operational data starting July 1, 2026.

Removed the immediate deadline for making reports public and the specific timeline for civil penalties, replacing them with a plan to be developed later.

Added a new requirement for the Department of Health to create a plan and recommendations by December 31, 2027, and a final implementation report by November 1, 2028.

Moved the funding veto provision (Sec. 8) to become the new Sec. 3, effectively renumbering the sections and altering the bill's structure.

Expanded the scope of the initial planning phase to include consultation with the Office of the Governor and the Office of Financial Management, which were not mentioned in the previous version.

Added a sunset provision (Sec. 8) stating the act is null and void if specific funding is not provided by June 30, 2025.

Added a new definition for 'business identification number' and clarified that 'health care entity' does not include adult family homes or most behavioral health agencies unless affiliated with an acute care hospital.

Clarified that 'site where health care services are provided' does not include temporary locations like mobile clinics or patient homes.

Removed the requirement for registering entities to submit the previous three years of financial statements upon initial registration.

Changed reporting requirements to mandate data submission for each individual site where services are provided, rather than just the entity as a whole.

Changed the requirement for financial statements to allow submission of publicly available reports for the previous fiscal year instead of specific internal statements.

Extended the deadline for the department to make 2026 reports publicly available from October 1 to November 1, 2026.

Extended the deadline for the final implementation report from October 1, 2026, to November 1, 2027.

Added a 30-day opportunity to cure missing or incorrect reports before a civil penalty can be assessed.

Added new definitions for 'registering entity', 'subsidiary', and 'site where services are provided' to clarify who must report and what locations are included.

Updated the definition of 'provider organization' to include limited liability corporations and added contracting with health care benefit managers.

Changed the reporting obligation so that 'registering entities' (parent companies) must submit reports covering all their affiliates and subsidiaries, rather than each individual entity reporting separately.

Added a requirement for registering entities to submit three years of financial statements upon initial registration, followed by annual statements.

Expanded the required data to include compensation for board members and a description of services provided at each site.

Added a requirement for the department to develop a plan for streamlining reporting with existing licensure processes and report to the legislature by October 1, 2026.

Adjusted the effective date for reporting requirements to begin July 1, 2026, with the interactive public tool required by January 1, 2028.

Established a tiered fee structure for registration and set a maximum civil penalty of $250,000 for non-compliance or false reporting.