IL HB3325 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 17 2023 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Provides that the Department of Insurance shall file any market conduct studies seeking to levy fines against an insurance company with the General Assembly before each legislative session and the General Assembly must approve before any fines are leveled. Provides that the Department of Insurance shall conduct a hearing with the House Insurance Committee and Senate Insurance Committee before any further proceedings occur. Provides that before the release of announcements of the fines to the public, there shall be an appeal process scheduled within 30 days after the committee hearings.

Tracking Information

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Title

INS-DEPT/MARKET CONDUCT STUDY

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-12HouseAssigned to Executive Committee
2023-03-10HouseRule 19(a) / Re-referred to Rules Committee
2023-02-28HouseAssigned to Executive Committee
2023-02-17HouseReferred to Rules Committee
2023-02-17HouseFirst Reading
2023-02-17HouseFiled with the Clerk by Rep. Thaddeus Jones

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2014051405-50New CodeSee Bill Text

Illinois State Sources


Bill Comments

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