HB4744 - 104th General Assembly (2025-2026)

INS GUARANTY-JURISDICTION
Last Action
3/25/2026 - House: Placed on Calendar 2nd Reading - Short Debate
House Sponsors
Rep. Justin Cochran
Statutes Amended In Order of Appearance
215 ILCS 5/532  from Ch. 73, par. 1065.82
215 ILCS 5/538.7  from Ch. 73, par. 1065.88-7
215 ILCS 5/545  from Ch. 73, par. 1065.95
Synopsis As Introduced
Amends the Illinois Insurance Guaranty Fund Article of the Illinois Insurance Code. Provides that certain provisions concerning the purpose of the Article and the Illinois Insurance Guaranty Fund's power to contract with the Office of Special Deputy Receiver are inoperative 5 years after the effective date of the amendatory Act (instead of 5 years after the effective date of Public Act 102-396). Provides that venue in a suit against the Fund arising under the Article shall be in Cook County, and the Fund shall not be required to give any appeal bond in an appeal that relates to a cause of action under the Article. Effective immediately.
Actions
DateChamberAction
2/02/2026HouseFiled with the Clerk by Rep. Jay Hoffman
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee
3/12/2026HouseChief Sponsor Changed to Rep. Justin Cochran
3/18/2026HouseAssigned to Insurance Committee
3/24/2026HouseDo Pass / Short Debate Insurance Committee; 015-000-000
3/25/2026HousePlaced on Calendar 2nd Reading - Short Debate