HB4430 - 104th General Assembly (2025-2026)

PUBLIC ADJUSTER & CHECK VERIFY
Last Action
1/20/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Anne Stava
Statutes Amended In Order of Appearance
205 ILCS 5/48.7 new  
215 ILCS 5/1515  
Synopsis As Introduced
Amends the Illinois Banking Act. Requires a bank to confirm the identification of a payee and verify endorsements are proper before processing a check for which the name of a borrower or other payee is relied upon for payment, credit, or loan disbursement. Provides that a bank may satisfy the verification requirements through the specified commercially reasonable means of identification. Exempts checks processed solely through automated check clearing processes without manual review, that are authorized by federal law. Amends the Public Adjusters Article of the Illinois Insurance Code. Establishes proof of licensure requirements for licensed public adjusters.
Actions
DateChamberAction
1/14/2026HouseFiled with the Clerk by Rep. Anne Stava
1/20/2026HouseFirst Reading
1/20/2026HouseReferred to Rules Committee