Bill Amendment: IL HB4248 | 2025-2026 | 104th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: ALGORITHMIC PRICE TRANSPARENCY

Status: 2026-06-01 - Added as Alternate Chief Co-Sponsor Sen. Rachel Ventura [HB4248 Detail]

Download: Illinois-2025-HB4248-House_Amendment_003.html

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Rep. Maura Hirschauer

Filed: 5/21/2026

 

 

 

10400HB4248ham003 LRB104 16598 AAS 38193 a
AMENDMENT TO HOUSE BILL 4248
AMENDMENT NO. ______. Amend House Bill 4248, AS AMENDED,
with reference to page and line numbers of House Amendment No.
2, on page 5, line 11, by replacing "relationship;" with
"relationship."; and
on page 5, by deleting lines 12 through 15; and
on page 5, line 18, by replacing "demand." with "demand, which
includes changes in market demand, competitive conditions, and
the seller's cost structure."; and
on page 5, immediately below line 21, by inserting the
following:
"(d) This Act does not apply to the pricing of any contract
or policy of insurance that is subject to rules regarding
pricing to consumers adopted by the Department of Insurance,
including a surety contract, a dental service plan, a health

10400HB4248ham003 - 2 - LRB104 16598 AAS 38193 a
care plan, a limited health care plan, or a voluntary health
services plan.
(e) This Act does not apply to any provider of financial
services, including a financial institution, a financial
institution affiliate, a broker-dealer, a registered
investment advisor, or an entity that provides consumer credit
products, such as credit cards, personal loans, and mortgages,
that is subject to rules adopted by the Department of
Financial and Professional Regulation or rules or regulations
adopted by any federal financial regulatory agency regarding
pricing or disclosures, including terms disclosed to
consumers.".