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1 | AN ACT concerning regulation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Insurance Code is amended by | |||||||||||||||||||
5 | adding Section 392.2 as follows: | |||||||||||||||||||
6 | (215 ILCS 5/392.2 new) | |||||||||||||||||||
7 | Sec. 392.2. Task Force on Firearm Insurance. | |||||||||||||||||||
8 | (a) The Task Force on Firearm Insurance is created for the | |||||||||||||||||||
9 | purpose of reviewing public policy options relating to the | |||||||||||||||||||
10 | insurance of firearms in the State of Illinois. | |||||||||||||||||||
11 | (b) The Department shall provide administrative support | |||||||||||||||||||
12 | for the Task Force to review current and potential future | |||||||||||||||||||
13 | insurance policy offerings for the safe and legal possession | |||||||||||||||||||
14 | of firearms and offer policymaking recommendations related to | |||||||||||||||||||
15 | the use of that insurance. The Task Force shall work | |||||||||||||||||||
16 | cooperatively with the insurance industry, community | |||||||||||||||||||
17 | organizations, advocacy groups, and appropriate State agencies | |||||||||||||||||||
18 | to develop policy options related to insuring the ownership | |||||||||||||||||||
19 | and use of firearms. The Task Force shall be comprised of the | |||||||||||||||||||
20 | following members: | |||||||||||||||||||
21 | (1) One member of the General Assembly, appointed by | |||||||||||||||||||
22 | the Speaker of the House of Representatives. | |||||||||||||||||||
23 | (2) One member of the General Assembly, appointed by |
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1 | the President of the Senate. | ||||||
2 | (3) One member of the General Assembly, appointed by | ||||||
3 | the Minority Leader of the House of Representatives. | ||||||
4 | (4) One member of the General Assembly, appointed by | ||||||
5 | the Minority Leader of the Senate. | ||||||
6 | (5) 2 representatives of the Illinois commercial | ||||||
7 | insurance industry, appointed by the Governor. | ||||||
8 | (6) 2 experts in the incidences, causes, and impacts | ||||||
9 | of firearm-related injuries and deaths, appointed by the | ||||||
10 | Governor. | ||||||
11 | (7) The Director of the Illinois State Police, or the | ||||||
12 | Director of the Illinois State Police's designee. | ||||||
13 | (8) The Director of Insurance, or the Director of | ||||||
14 | Insurance's designee. | ||||||
15 | (9) The Director of Public Health, or the Director of | ||||||
16 | Public Health's designee. | ||||||
17 | (10) 2 representatives of firearm advocacy groups, | ||||||
18 | appointed by the Governor. | ||||||
19 | (c) The Task Force shall elect a chairperson from its | ||||||
20 | membership and shall have the authority to determine its | ||||||
21 | meeting schedules, hearing schedules, and agendas. | ||||||
22 | (d) Appointments shall be made within 90 days after the | ||||||
23 | effective date of this amendatory Act of the 103rd General | ||||||
24 | Assembly. | ||||||
25 | (e) Members shall serve without compensation and shall be | ||||||
26 | adults and residents of Illinois. |
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1 | (f) The Task Force shall: | ||||||
2 | (1) review existing available insurance that covers | ||||||
3 | risks arising from the ownership and use of firearms; | ||||||
4 | (2) review potential future insurance policy offerings | ||||||
5 | that would cover risks arising from the ownership and use | ||||||
6 | of firearms; | ||||||
7 | (3) gather and analyze information on the cost and | ||||||
8 | other impacts associated with each policy option put | ||||||
9 | forward; and | ||||||
10 | (4) provide recommendations on the feasibility and | ||||||
11 | cost-effectiveness of requiring firearm owners in this | ||||||
12 | State to possess insurance, including any risks generally | ||||||
13 | to be covered. | ||||||
14 | (g) A report of the findings, recommendations, and other | ||||||
15 | information determined by the Task Force to be relevant shall | ||||||
16 | be made available on the Department's website. | ||||||
17 | (h) The Task Force shall submit the report of findings and | ||||||
18 | recommendations to the Governor and the General Assembly by | ||||||
19 | December 31, 2023. | ||||||
20 | (i) The Task Force on Firearm Insurance is dissolved and | ||||||
21 | this Section is repealed on January 1, 2025.
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22 | Section 99. Effective date. This Act takes effect upon | ||||||
23 | becoming law.
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