# Illinois SB0269: INSURANCE RATE TRANSPARENCY

Illinois SB0269, INSURANCE RATE TRANSPARENCY, is a 104th General Assembly (2025–2026) Senate bill sponsored by Michael E. Hastings (Democratic); status in committee, last action 2025-02-26 (Added as Co-Sponsor Sen. Paul Faraci) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB0269-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB0269
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: INSURANCE RATE TRANSPARENCY
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-24
- Last action: 2025-02-26, Added as Co-Sponsor Sen. Paul Faraci
- Sponsor: Michael E. Hastings (Democratic)
- Cosponsors: 5
- Subjects: assignments
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Creates the Insurance Rate Transparency Law as an Article of the Illinois Insurance Code. Provides that, beginning January 1, 2026, each insurer offering automobile and homeowners insurance policies in Illinois shall maintain a publicly accessible website displaying a summary of the annual percentage increase or decrease in premium rates for homeowners insurance policies and automobile insurance policies. Requires the website to display the rate-change data for the previous 5 years, updated annually by no later than January 31 of each year, and specified other data. Sets forth provisions concerning the format of the renewal notice; enforcement of the requirements by the Department of Insurance; penalties; and rulemaking. Effective immediately.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Michael E. Hastings (Democratic), Senate
- Cosponsor: Meg Loughran Cappel (Democratic), Senate
- Cosponsor: Mike Porfirio (Democratic), Senate
- Cosponsor: Mike Simmons (Democratic), Senate
- Cosponsor: Patrick J. Joyce (Democratic), Senate
- Cosponsor: Paul Faraci (Democratic), Senate

## Actions (8)

- 2025-02-26: Added as Co-Sponsor Sen. Paul Faraci (Senate)
- 2025-02-04: Added as Chief Co-Sponsor Sen. Patrick J. Joyce (Senate)
- 2025-01-29: Added as Chief Co-Sponsor Sen. Mike Simmons (Senate)
- 2025-01-29: Added as Chief Co-Sponsor Sen. Meg Loughran Cappel (Senate)
- 2025-01-29: Added as Chief Co-Sponsor Sen. Mike Porfirio (Senate)
- 2025-01-24: Referred to Assignments (Senate)
- 2025-01-24: First Reading (Senate)
- 2025-01-24: Filed with Secretary by Sen. Michael E. Hastings (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0269.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB0269.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-SB0269-2025-2026 (as of 2026-11-01).