SB3205 - 104th General Assembly (2025-2026)

INS GUARANTY-JURISDICTION
Last Action
3/24/2026 - Senate: Placed on Calendar Order of 3rd Reading March 25, 2026
Senate Sponsors
Sen. Julie A. Morrison
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.

Senate Committee Amendment No. 1
Provides that venue in a suit against the Illinois Insurance Guaranty Fund arising under the Illinois Insurance Guaranty Fund Article shall be in Cook County and Sangamon County (rather than just Cook County).
Actions
DateChamberAction
2/02/2026SenateFiled with Secretary by Sen. Julie A. Morrison
2/02/2026SenateFirst Reading
2/02/2026SenateReferred to Assignments
2/10/2026SenateAssigned to Insurance
3/05/2026SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison
3/05/2026SenateSenate Committee Amendment No. 1 Referred to Assignments
3/10/2026SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
3/10/2026SenateSenate Committee Amendment No. 1 Adopted
3/11/2026SenateDo Pass as Amended Insurance; 010-000-000
3/11/2026SenatePlaced on Calendar Order of 2nd Reading March 12, 2026
3/24/2026SenateSecond Reading
3/24/2026SenatePlaced on Calendar Order of 3rd Reading March 25, 2026