HB0043 104TH GENERAL ASSEMBLY

LRB104 03560 BAB 13584 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB0043

Introduced 1/9/2025, by Rep. Bob Morgan

SYNOPSIS AS INTRODUCED:

215 ILCS 5/392.2 new

Amends the Illinois Insurance Code. Creates the Task Force on Firearm Insurance to review current and potential future insurance policy offerings for the safe and legal possession of firearms and to offer policymaking recommendations related to the use of that insurance. Provides that the Department of Insurance shall provide administrative support for the Task Force. Provides that the Task Force shall be composed of specified members. Provides that the Task Force shall elect a chairperson from its membership. Provides that appointments shall be made within 90 days after the effective date of the amendatory Act. Provides that members shall serve without compensation. Provides that the Task Force shall submit a report of findings, recommendations, and other information to the Governor and the General Assembly by December 31, 2026. Provides that the Task Force is dissolved January 1, 2027. Effective immediately.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Insurance Code is amended by adding Section 392.2 as follows:

(215 ILCS 5/392.2 new)

Sec. 392.2. Task Force on Firearm Insurance.

(a) The Task Force on Firearm Insurance is created for the purpose of reviewing public policy options relating to the insurance of firearms in the State of Illinois.

(b) The Department shall provide administrative support for the Task Force to review current and potential future insurance policy offerings for the safe and legal possession of firearms and to offer policymaking recommendations related to the use of that insurance. The Task Force shall work cooperatively with the insurance industry, community organizations, advocacy groups, and appropriate State agencies to develop policy options related to insuring the ownership and use of firearms. The Task Force shall be composed of the following members:

(1) One member of the General Assembly, appointed by the Speaker of the House of Representatives.

(2) One member of the General Assembly, appointed by the President of the Senate.

(3) One member of the General Assembly, appointed by the Minority Leader of the House of Representatives.

(4) One member of the General Assembly, appointed by the Minority Leader of the Senate.

(5) 2 representatives of the Illinois commercial insurance industry, appointed by the Governor.

(6) 2 experts in the incidences, causes, and impacts of firearm-related injuries and deaths, appointed by the Governor.

(7) The Director of the Illinois State Police or the Director of the Illinois State Police's designee.

(8) The Director of Insurance or the Director of Insurance's designee.

(9) The Director of Public Health or the Director of Public Health's designee.

(10) 2 representatives of firearm advocacy groups, appointed by the Governor.

(c) The Task Force shall elect a chairperson from its membership and shall have the authority to determine its meeting schedules, hearing schedules, and agendas.

(d) Appointments shall be made within 90 days after the effective date of this amendatory Act of the 104th General Assembly.

(e) Members shall serve without compensation and shall be adults and residents of Illinois.

(f) The Task Force shall:

(1) review existing available insurance that covers risks arising from the ownership and use of firearms;

(2) review potential future insurance policy offerings that would cover risks arising from the ownership and use of firearms;

(3) gather and analyze information on the cost and other impacts associated with each policy option put forward; and

(4) provide recommendations on the feasibility and cost-effectiveness of requiring firearm owners in this State to possess insurance, including any risks generally to be covered.

(g) A report of the findings, recommendations, and other information determined by the Task Force to be relevant shall be made available on the Department's website.

(h) The Task Force shall submit the report of findings and recommendations to the Governor and the General Assembly by December 31, 2026.

(i) The Task Force on Firearm Insurance is dissolved and this Section is repealed on January 1, 2027.

Section 99. Effective date. This Act takes effect upon becoming law.