HB3341 - 104th General Assembly

INS-DEPT/MARKET CONDUCT STUDY
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Thaddeus Jones
Statutes Amended In Order of Appearance
20 ILCS 1405/1405-52 new
Synopsis As Introduced
Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Provides that the Department of Insurance shall file any market conduct studies seeking to levy fines against an insurance company with the General Assembly before each legislative session and the General Assembly must approve before any fines are leveled. Provides that the Department of Insurance shall conduct a hearing with the House Insurance Committee and Senate Insurance Committee before any further proceedings occur. Provides that before the release of announcements of the fines to the public, there shall be an appeal process scheduled within 30 days after the committee hearings.
Actions
Date Chamber Action
2/07/2025 House Filed with the Clerk by Rep. Thaddeus Jones
2/18/2025 House First Reading
2/18/2025 House Referred to Rules Committee
3/11/2025 House Assigned to Executive Committee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee