IL HB5376 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Bipartisan Bill
Status: Enrolled on May 14 2026 - 75% progression
Action: 2026-06-12 - Sent to the Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

Amends the Mine Subsidence Insurance Article of the Illinois Insurance Code. Makes changes to defined terms. Provides that the moneys in the Illinois Mine Subsidence Insurance Fund shall be derived primarily from premiums for mine subsidence insurance ceded by insurers to the Fund pursuant to the Article and from investment income. In establishing mine subsidence insurance premium rates, provides that the Fund shall give due consideration to factors reasonably considered by an insurer when setting premium rates. Changes terms related to the appointment of directors in provisions concerning management of the Fund and establishes 3-year staggered terms for the directors. Provides that all directors shall be independent and owe a duty of care and duty of loyalty to the Fund. In provisions concerning mine subsidence coverage, provides that the loss covered shall be the loss in excess of any applicable deductible or retention in the policy, subject to the limit of insurance for mine subsidence damage stated in the policy. For all policies issued or renewed on or after January 1, 2027, provides that there shall be no deductible or retention applicable to mine subsidence damage. For all policies issued or renewed on or after the effective date of the amendatory Act, provides that the maximum amount of reinsured loss per residence, per commercial building, and per living unit shall be the amounts established by the Fund and approved by the Director. Provides that the residential and living unit coverage provided under the Article may also cover specified costs of debris removal, moving and storage of contents, and repair or replacement of landscaping. Makes changes in provisions concerning division of the Fund; exemptions; rights of insurers to refuse to provide mine subsidence coverage; arbitration; reinsurance agreements; distribution of premiums; reporting requirements; right of recourse and setoffs; subrogation; and powers of the Director of Insurance.

Tracking Information

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Title

MINE SUBSIDENCE INSURANCE FUND

Sponsors


History

DateChamberAction
2026-06-12HouseSent to the Governor
2026-05-14HousePassed Both Houses
2026-05-14SenateThird Reading - Passed; 058-000-000
2026-04-30SenatePlaced on Calendar Order of 3rd Reading May 5, 2026
2026-04-30SenateSecond Reading
2026-04-22SenatePlaced on Calendar Order of 2nd Reading April 28, 2026
2026-04-22SenateApproved for Consideration Assignments
2026-04-16SenateAdded as Alternate Co-Sponsor Sen. Erica Harriss
2026-04-10SenateReferred to Assignments
2026-04-10SenateFirst Reading
2026-04-10SenateChief Senate Sponsor Sen. Christopher Belt
2026-04-10SenatePlaced on Calendar Order of First Reading
2026-04-10SenateArrive in Senate
2026-04-09HouseThird Reading - Short Debate - Passed 106-000-000
2026-04-07HousePlaced on Calendar Order of 3rd Reading - Short Debate
2026-04-07HouseSecond Reading - Short Debate
2026-04-07HouseAdded Co-Sponsor Rep. Amy Elik
2026-03-25HousePlaced on Calendar 2nd Reading - Short Debate
2026-03-24HouseAdded Co-Sponsor Rep. Jeff Keicher
2026-03-24HouseAdded Co-Sponsor Rep. Jawaharial Williams
2026-03-24HouseAdded Co-Sponsor Rep. Anthony DeLuca
2026-03-24HouseDo Pass as Amended / Short Debate Insurance Committee; 014-000-000
2026-03-24HouseHouse Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
2026-03-20HouseHouse Committee Amendment No. 1 Rules Refers to Insurance Committee
2026-03-18HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2026-03-18HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
2026-03-18HouseAssigned to Insurance Committee
2026-02-10HouseReferred to Rules Committee
2026-02-10HouseFirst Reading
2026-02-06HouseFiled with the Clerk by Rep. Jay Hoffman

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155801.1Amended CodeCitation Text
2155802.1Amended CodeCitation Text
2155803.1Amended CodeCitation Text
2155804.1Amended CodeCitation Text
2155805.1Amended CodeCitation Text
2155806.1Amended CodeCitation Text
2155807.1Amended CodeCitation Text
2155808.1Amended CodeCitation Text
2155810.1Amended CodeCitation Text
2155811.1Amended CodeCitation Text
2155813.1Amended CodeCitation Text
2155815.1Amended CodeCitation Text
2155817.1Amended CodeCitation Text

Illinois State Sources

TypeSource
Summaryhttps://www.ilga.gov/Legislation/BillStatus?DocNum=5376&GAID=18&DocTypeID=HB&SessionID=114&GA=104
Texthttps://www.ilga.gov/Legislation/BillStatus/FullText?LegDocId=208510&DocName=10400HB5376&DocNum=5376&DocTypeID=HB&LegID=167164&GAID=18&SessionID=114&SpecSess=&Session=
Texthttps://www.ilga.gov/Legislation/BillStatus/FullText?LegDocId=208510&DocName=10400HB5376eng&DocNum=5376&DocTypeID=HB&LegID=167164&GAID=18&SessionID=114&SpecSess=&Session=
Texthttps://www.ilga.gov/Legislation/BillStatus/FullText?LegDocId=208510&DocName=10400HB5376enr&DocNum=5376&DocTypeID=HB&LegID=167164&GAID=18&SessionID=114&SpecSess=&Session=
Amendmenthttps://www.ilga.gov/Legislation/BillStatus/FullText?LegDocId=209868&DocName=10400HB5376ham001&DocNum=5376&DocTypeID=HB&LegID=167164&GAID=18&SessionID=114&SpecSess=&Session=

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