Bill Status of SB 3466   102nd General Assembly


Short Description:  INS-REBATES/PRODUCTS&SERVICES

Senate Sponsors
Sen. Don Harmon

Last Action  View All Actions

DateChamber Action
  1/10/2023SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/151from Ch. 73, par. 763

Synopsis As Introduced
Amends the Illinois Insurance Code. In provisions concerning prohibited payment or acceptance of rebates, provides that nothing in the language shall prohibit an insurer, by or through its employees, affiliates, insurance producers, or third-party representatives, or an insurance producer acting on its own behalf, from offering or providing products or services that are at least tangentially related to an insurance contract or the administration of an insurance contract for free or for less than fair market value as long as the receipt of the products or services is not contingent upon the purchase of insurance and the products or services are offered on the same terms to all potential insurance customers based on documented objective criteria and in a manner that is not unfairly discriminatory.

Actions 
DateChamber Action
  1/18/2022SenateFiled with Secretary by Sen. Antonio Muņoz
  1/18/2022SenateFirst Reading
  1/18/2022SenateReferred to Assignments
  1/26/2022SenateAssigned to Insurance
  2/10/2022SenateRule 2-10 Committee Deadline Established As February 18, 2022
  2/18/2022SenateRule 3-9(a) / Re-referred to Assignments
  10/21/2022SenateChief Sponsor Changed to Sen. Don Harmon
  1/10/2023SenateSession Sine Die

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