IllinoisHB3341104th General Assembly (2025–2026)House

INS-DEPT/MARKET CONDUCT STUDY

Sponsored By: Thaddeus Jones (Democratic)

In Committee

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.

executive

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Thaddeus Jones

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/21/2025House
  2. Assigned to Executive Committee

    3/11/2025House
  3. Referred to Rules Committee

    2/18/2025House
  4. First Reading

    2/18/2025House
  5. Filed with the Clerk by Rep. Thaddeus Jones

    2/7/2025House

Bill Text

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