Bill Status of HB 3325   103rd General Assembly

Short Description:  INS-DEPT/MARKET CONDUCT STUDY

House Sponsors
Rep. Thaddeus Jones

Last Action  View All Actions

DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
20 ILCS 1405/1405-50 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 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Thaddeus Jones
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Executive Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  3/12/2024HouseAssigned to Executive Committee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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