SB3508 - 104th General Assembly
INSURANCE-VARIOUS
Last Action
Statutes Amended In Order of Appearance
5 ILCS 100/5-75from Ch. 127, par. 1005-75
215 ILCS 5/404from Ch. 73, par. 1016
215 ILCS 123/Act rep.
Synopsis As Introduced
Amends the Illinois Administrative Procedure Act. Provides that, for any law implementing the federal Patient Protection and Affordable Care Act, the Department of Insurance may adopt rules that include incorporations by reference of federal rules and regulations without identifying the incorporated matter by date and without including a statement that the incorporation does not include later amendments. Amends the Illinois Insurance Code. Makes changes concerning the assignment or transfer of property and casualty policies; formatting requirements for the insurance company supplier diversity report; and insurance coverage for dependent parents. Provides that the Director of Insurance shall maintain as confidential any records or information received from the National Association of Insurance Commissioners or other state, federal, and international regulatory agencies (instead of insurance regulatory officials of other states) that are confidential in that other jurisdiction. Provides that the Department may waive registration and course certification fees if the pre-licensing or continuing education course is provided by a government entity free of charge. Amends the Network Adequacy and Transparency Act. In applicability provisions, removes language concerning exemptions for short-term, limited-duration health insurance coverage with a network plan. Repeals the Health Care Purchasing Group Act. Effective immediately.
Senate Floor Amendment No. 1
Deletes reference to:
Adds reference to:
5 ILCS 80/4.47 new
Amends the Regulatory Sunset Act. Changes the repeal dates for specified Articles of the Illinois Insurance Code from January 1, 2027 to January 1, 2037. Further amends the Illinois Insurance Code. Removes provisions concerning the assignment or transfer of property and casualty policies. Restores language concerning supplier diversity reports submitted by an insurance company. Provides that, for specified reports due on or after April 1, 2027, an insurance company shall submit the report in the format designated by the Department of Insurance. In provisions concerning pharmacy benefit manager reporting requirements, provides that annual reports must be filed with the Department no later than September 1 of each year in the format designated by the Department (instead of just by September 1 of each year via the Systems for Electronic Rates & Forms Filing (SERFF)). Provides that the filing shall include the summary version of the specified report, which the Department shall make available to members of the public (instead of shall be marked for public access).
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/05/2026 | Senate | Filed with Secretary by Sen. Julie A. Morrison |
| 2/05/2026 | Senate | First Reading |
| 2/05/2026 | Senate | Referred to Assignments |
| 2/17/2026 | Senate | Assigned to Insurance |
| 3/04/2026 | Senate | Do Pass Insurance; 009-000-000 |
| 3/04/2026 | Senate | Placed on Calendar Order of 2nd Reading March 5, 2026 |
| 3/11/2026 | Senate | Second Reading |
| 3/11/2026 | Senate | Placed on Calendar Order of 3rd Reading March 12, 2026 |
| 4/10/2026 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison |
| 4/10/2026 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
| 4/14/2026 | Senate | Senate Floor Amendment No. 1 Assignments Refers to Insurance |
| 4/14/2026 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Insurance; 011-000-000 |
| 4/15/2026 | Senate | Recalled to Second Reading |
| 4/15/2026 | Senate | Senate Floor Amendment No. 1 Adopted; Morrison |
| 4/15/2026 | Senate | Placed on Calendar Order of 3rd Reading |
| 4/15/2026 | Senate | Third Reading - Passed; 055-000-000 |
| 4/15/2026 | House | Arrived in House |
| 4/20/2026 | House | Chief House Sponsor Rep. Bob Morgan |
| 4/20/2026 | House | First Reading |
| 4/20/2026 | House | Referred to Rules Committee |
| 4/27/2026 | House | Assigned to Insurance Committee |
| 5/05/2026 | House | Do Pass / Short Debate Insurance Committee; 015-000-000 |
| 5/06/2026 | House | Placed on Calendar 2nd Reading - Short Debate |