Illinois General Assembly - Bill Status for HB4433
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 Bill Status of HB4433  103rd General Assembly


House Sponsors
Rep. Thaddeus Jones

Last Action
DateChamber Action
  1/16/2024HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
New Act
5 ILCS 140/7.5

Synopsis As Introduced
Creates the Insurance Data Security Law. Sets forth provisions concerning an information security program, investigations of cybersecurity events, and notifications of cybersecurity events. Provides that the Director of Insurance shall have power to examine and investigate the affairs of any licensee to determine whether the licensee has been or is engaged in any conduct in violation of the Act. Provides that whenever the Director has reason to believe that a licensee has been or is engaged in conduct in the State which violates the Act, the Director may take action that is necessary or appropriate to enforce the provisions of the Act. Provides that any documents, materials, or other information in the control or possession of the Department of Insurance that are furnished by a licensee or an employee or agent acting on behalf of a licensee or that are obtained by the Director in an investigation or examination shall be confidential by law and privileged, shall not be subject to the Freedom of Information Act, shall not be subject to subpoena, and shall not be subject to discovery or admissible in evidence in any private civil action. Sets forth provisions concerning exceptions, penalties, and severability. Provides that the Department may adopt rules necessary to carry out the provisions of the Act. Defines terms. Makes a conforming change in the Freedom of Information Act. Effective January 1, 2025.

DateChamber Action
  1/11/2024HouseFiled with the Clerk by Rep. Thaddeus Jones
  1/16/2024HouseFirst Reading
  1/16/2024HouseReferred to Rules Committee

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