Bill Texts: IL HB3768 | 2025-2026 | 104th General Assembly

Bill Title: Amends the Illinois Insurance Code. Sets forth findings and definitions. Provides that the Department of Insurance is authorized to enter into a contract with a private insurance broker to establish an Owner-Controlled Insurance Program. Provides that the Owner-Controlled Insurance Program shall provide specified forms of insurance, if applicable, to construction contractors for the purpose of satisfying requirements to contract with a construction agency. Requires the Department to comply with the Illinois Procurement Code when procuring a contract for an Owner-Controlled Insurance Program. Provides that a contract between the Department and an insurance broker for the provision of an Owner-Controlled Insurance Program shall not exceed 5 years in duration. Provides that all tiers of construction contractors shall be eligible to obtain any form of insurance required to contract with a construction agency for the purposes of satisfying the insurance obligations necessary to execute a construction contract for a construction agency. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced) 2025-03-21 - Rule 19(a) / Re-referred to Rules Committee [HB3768 Detail]

Bill Drafts

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Introduced2025-02-07HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3768

Supplemental Documents

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No supplemental documents for Illinois HB3768 currently on file.

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