LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington St., Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6982 NOTE PREPARED: Jan 29, 2024 BILL NUMBER: HB 1359 BILL AMENDED: Jan 25, 2024 SUBJECT: Health Provider Contracts. FIRST AUTHOR: Rep. Carbaugh BILL STATUS: 2 nd Reading - 1 st House FIRST SPONSOR: FUNDS AFFECTED: GENERAL IMPACT: No Fiscal Impact DEDICATED FEDERAL Summary of Legislation: The bill provides that if a party to a health provider contract intends to terminate the contractual relationship with another party to the health provider contract as of January 1 of the following calendar year, the terminating party must provide written notice to the other party before September 1. It provides that if a party intending to terminate a health provider contract fails to provide the required written notice before September 1 of a particular calendar year, the health provider contract remains in effect and is binding upon the parties in the following calendar year. The bill allows a party to terminate a health provider contract after September 1 under certain circumstances. It provides that the law governing the amendment of a health provider contract does not apply to the termination of a health provider contract under the bill. Effective Date: July 1, 2024. Explanation of State Expenditures: Explanation of State Revenues: Explanation of Local Expenditures: Explanation of Local Revenues: State Agencies Affected: Local Agencies Affected: HB 1359 1 Information Sources: Fiscal Analyst: Jasmine Noel, 317-234-1360. HB 1359 2