Illinois General Assembly - Bill Status for HB4324
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 Bill Status of HB4324  102nd General Assembly


Short Description:  INS-PRODUCER LICENSE/CE CREDIT

House Sponsors
Rep. Bob Morgan

Senate Sponsors
(Sen. Julie A. Morrison)

Last Action
DateChamber Action
  5/13/2022HousePublic Act . . . . . . . . . 102-0766

Statutes Amended In Order of Appearance
215 ILCS 5/500-35


Synopsis As Introduced
Amends the Illinois Insurance Code. In provisions concerning insurance producer licenses, provides that an insurance producer's active participation in a State or national professional insurance association may be approved by the Director of Insurance for up to 4 hours of continuing education credit per biennial reporting period. Provides that the hours shall be credited upon timely filing with the Director or his or her designee on a biennial basis, the credit shall not be used to satisfy ethics education requirements, and active participation in a State or national professional insurance association is defined by specified methods.

House Floor Amendment No. 1
Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. In provisions concerning insurance producer licenses, provide that before each license renewal, an insurance producer must satisfactorily complete at least 24 hours of course study or participation in a professional insurance association (instead of 24 hours of course study) in accordance with rules prescribed by the Director. Provides that credit for participation in a professional insurance association shall be provided on an hour-for-hour basis. Requires the hours to be verified and submitted by the professional insurance producer on behalf of the insurance producer. Provides that any association submitting continuing education credit hours on behalf of producers must be registered as an education provider.

Actions 
DateChamber Action
  1/3/2022HouseFiled with the Clerk by Rep. Bob Morgan
  1/5/2022HouseFirst Reading
  1/5/2022HouseReferred to Rules Committee
  2/1/2022HouseAssigned to Insurance Committee
  2/10/2022HouseDo Pass / Short Debate Insurance Committee; 017-000-000
  2/15/2022HousePlaced on Calendar 2nd Reading - Short Debate
  2/28/2022HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Bob Morgan
  2/28/2022HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  3/1/2022HouseHouse Floor Amendment No. 1 Rules Refers to Insurance Committee
  3/2/2022HouseHouse Floor Amendment No. 1 Recommends Be Adopted Insurance Committee; 012-000-000
  3/2/2022HouseSecond Reading - Short Debate
  3/2/2022HouseHeld on Calendar Order of Second Reading - Short Debate
  3/3/2022HouseHouse Floor Amendment No. 1 Adopted
  3/3/2022HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/3/2022HouseThird Reading - Short Debate - Passed 103-000-002
  3/4/2022SenateArrive in Senate
  3/4/2022SenatePlaced on Calendar Order of First Reading
  3/7/2022SenateChief Senate Sponsor Sen. Julie A. Morrison
  3/7/2022SenateFirst Reading
  3/7/2022SenateReferred to Assignments
  3/16/2022SenateAssigned to Insurance
  3/23/2022SenateDo Pass Insurance; 011-000-000
  3/23/2022SenatePlaced on Calendar Order of 2nd Reading
  3/23/2022SenateSecond Reading
  3/23/2022SenatePlaced on Calendar Order of 3rd Reading March 24, 2022
  3/30/2022SenateThird Reading - Passed; 055-000-000
  3/30/2022HousePassed Both Houses
  4/28/2022HouseSent to the Governor
  5/13/2022HouseGovernor Approved
  5/13/2022HouseEffective Date January 1, 2023
  5/13/2022HousePublic Act . . . . . . . . . 102-0766

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