IllinoisHB5376104th General Assembly (2025–2026)House

MINE SUBSIDENCE INSURANCE FUND

Sponsored By: Jay Hoffman (Democratic)

Passed

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.

insuranceassignments

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jay Hoffman

    Democratic • House

Cosponsors

  • Amy Elik

    Republican • House

  • Anthony DeLuca

    Democratic • House

  • Christopher Belt

    Democratic • Senate

  • Erica Harriss

    Republican • Senate

  • Jawaharial Williams

    Democratic • House

  • Jeff Keicher

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 178 • No: 0

Senate vote 5/14/2026

Third Reading - Passed;

Yes: 58 • No: 0

House vote 4/9/2026

Third Reading - Short Debate - Passed

Yes: 106 • No: 0

House vote 3/24/2026

Do Pass as Amended / Short Debate Insurance Committee;

Yes: 14 • No: 0

Actions Timeline

  1. Passed Both Houses

    5/14/2026House
  2. Third Reading - Passed; 058-000-000

    5/14/2026Senate
  3. Placed on Calendar Order of 3rd Reading May 5, 2026

    4/30/2026Senate
  4. Second Reading

    4/30/2026Senate
  5. Placed on Calendar Order of 2nd Reading April 28, 2026

    4/22/2026Senate
  6. Approved for Consideration Assignments

    4/22/2026Senate
  7. Added as Alternate Co-Sponsor Sen. Erica Harriss

    4/16/2026Senate
  8. Referred to Assignments

    4/10/2026Senate
  9. First Reading

    4/10/2026Senate
  10. Chief Senate Sponsor Sen. Christopher Belt

    4/10/2026Senate
  11. Placed on Calendar Order of First Reading

    4/10/2026Senate
  12. Arrive in Senate

    4/10/2026Senate
  13. Third Reading - Short Debate - Passed 106-000-000

    4/9/2026House
  14. Placed on Calendar Order of 3rd Reading - Short Debate

    4/7/2026House
  15. Second Reading - Short Debate

    4/7/2026House
  16. Added Co-Sponsor Rep. Amy Elik

    4/7/2026House
  17. Placed on Calendar 2nd Reading - Short Debate

    3/25/2026House
  18. Added Co-Sponsor Rep. Jeff Keicher

    3/24/2026House
  19. Added Co-Sponsor Rep. Jawaharial Williams

    3/24/2026House
  20. Added Co-Sponsor Rep. Anthony DeLuca

    3/24/2026House
  21. Do Pass as Amended / Short Debate Insurance Committee; 014-000-000

    3/24/2026House
  22. House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote

    3/24/2026House
  23. House Committee Amendment No. 1 Rules Refers to Insurance Committee

    3/20/2026House
  24. House Committee Amendment No. 1 Referred to Rules Committee

    3/18/2026House
  25. House Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman

    3/18/2026House

Bill Text

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