IL SB2381 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Insurance Code. Requires every insurance company authorized to do business in this State or accredited by this State with assets of at least $50,000,000 to submit an annual report on its voluntary supplier diversity program to the Department of Insurance. Sets forth provisions on what the report must include and how and when the report must be submitted. Provides that, for each report, the Department shall publish the results on its Internet website for 5 years after submission. Requires the Department to hold an annual insurance company supplier diversity workshop in February of 2024 and every February thereafter to discuss the reports with representatives of the insurance companies and vendors. Provides that the Department shall prepare a template for voluntary supplier diversity reports. Effective immediately.
Title
INS-SUPPLIER DIVERSITY REPORT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-07 | Senate | Session Sine Die |
2023-03-31 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2023-03-22 | Senate | Placed on Calendar Order of 3rd Reading March 23, 2023 |
2023-03-22 | Senate | Second Reading |
2023-03-08 | Senate | Placed on Calendar Order of 2nd Reading March 9, 2023 |
2023-03-08 | Senate | Do Pass Insurance; 010-000-000 |
2023-02-28 | Senate | Assigned to Insurance |
2023-02-10 | Senate | Referred to Assignments |
2023-02-10 | Senate | First Reading |
2023-02-10 | Senate | Filed with Secretary by Sen. Napoleon Harris, III |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2381&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/SB/10300SB2381.htm |