Illinois General Assembly - Full Text of SB1227
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Full Text of SB1227  103rd General Assembly

SB1227 103RD GENERAL ASSEMBLY

  
  

 


 
103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB1227

 

Introduced 2/2/2023, by Sen. Willie Preston

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/143.24e new

    Amends the Illinois Insurance Code. Provides that an insurer authorized to do business in the State may not use an individual's zip code in underwriting or rating insurance coverage, including the determination of premium rates.


LRB103 27641 BMS 54017 b

 

 

A BILL FOR

 

SB1227LRB103 27641 BMS 54017 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Insurance Code is amended by
5adding Section 143.24e as follows:
 
6    (215 ILCS 5/143.24e new)
7    Sec. 143.24e. Zip code prohibition. Notwithstanding any
8other provision of law, an insurer authorized to do business
9in this State may not use an individual's zip code in
10underwriting or rating insurance coverage, including the
11determination of premium rates.