The legislature's own summary of the bill, or its official long title.
Amends the Mine Subsidence Insurance Article of the Illinois Insurance Code. Makes changes to defined terms. Provides that the moneys in the Illinois Mine Subsidence Insurance Fund shall be derived primarily from premiums for mine subsidence insurance ceded by insurers to the Fund pursuant to the Article and from investment income. In establishing mine subsidence insurance premium rates, provides that the Fund shall…
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Amends the Mine Subsidence Insurance Article of the Illinois Insurance Code. Makes changes to defined terms. Provides that the moneys in the Illinois Mine Subsidence Insurance Fund shall be derived primarily from premiums for mine subsidence insurance ceded by insurers to the Fund pursuant to the Article and from investment income. In establishing mine subsidence insurance premium rates, provides that the Fund shall give due consideration to factors reasonably considered by an insurer when setting premium rates. Changes terms related to the appointment of directors in provisions concerning management of the Fund and establishes 3-year staggered terms for the directors. Provides that all directors shall be independent and owe a duty of care and duty of loyalty to the Fund. In provisions concerning mine subsidence coverage, provides that the loss covered shall be the loss in excess of any applicable deductible or retention in the policy, subject to the limit of insurance for mine subsidence damage stated in the policy. For all policies issued or renewed on or after January 1, 2027, provides that there shall be no deductible or retention applicable to mine subsidence damage. For all policies issued or renewed on or after the effective date of the amendatory Act, provides that the maximum amount of reinsured loss per residence, per commercial building, and per living unit shall be the amounts established by the Fund and approved by the Director. Provides that the residential and living unit coverage provided under the Article may also cover specified costs of debris removal, moving and storage of contents, and repair or replacement of landscaping. Makes changes in provisions concerning division of the Fund; exemptions; rights of insurers to refuse to provide mine subsidence coverage; arbitration; reinsurance agreements; distribution of premiums; reporting requirements; right of recourse and setoffs; subrogation; and powers of the Director of Insurance.
Every action
33 steps, oldest first, as the legislature records them.
Show the 25 earlier steps
HouseFiled with the Clerk by Rep. Jay Hoffman
HouseFirst Reading
CommitteeReferred to Rules Committee · House Rules
CommitteeAssigned to Insurance Committee · House Insurance
HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
CommitteeHouse Committee Amendment No. 1 Referred to Rules Committee · House Rules
CommitteeHouse Committee Amendment No. 1 Rules Refers to Insurance Committee · House Insurance
CommitteeHouse Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote · House Insurance
CommitteeDo Pass as Amended / Short Debate Insurance Committee; 014-000-000 · House Insurance
HouseAdded Co-Sponsor Rep. Anthony DeLuca
HouseAdded Co-Sponsor Rep. Jawaharial Williams
HouseAdded Co-Sponsor Rep. Jeff Keicher
HousePlaced on Calendar 2nd Reading - Short Debate
HouseAdded Co-Sponsor Rep. Amy Elik
HouseSecond Reading - Short Debate
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseThird Reading - Short Debate - Passed 106-000-000
SenateArrive in Senate
SenatePlaced on Calendar Order of First Reading
SenateChief Senate Sponsor Sen. Christopher Belt
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
SenateAdded as Alternate Co-Sponsor Sen. Erica Harriss
CommitteeApproved for Consideration Assignments · Senate Assignments
SenatePlaced on Calendar Order of 2nd Reading April 28, 2026
SenateSecond Reading
SenatePlaced on Calendar Order of 3rd Reading May 5, 2026
SenateThird Reading - Passed; 058-000-000
HousePassed Both Houses
HouseSent to the Governor
HouseGovernor Approved
HouseEffective Date January 1, 2027
HousePublic Act . . . . . . . . . 104-0519
Roll calls
3 recorded votes: 2 on the floor, 1 in committee. Each shows how every member voted.
