CORPORATE OPPORTUNITIES
State of IllinoisIllinoisAmends the Illinois Insurance Code. In provisions regarding the notice of intention not to renew a policy of insurance, provides that no company may impose renewal premium increases of more than 10% for policies of fire and extended coverage insurance that are subject to certain cancellation requirements, unless the company mails or delivers by electronic means to the named insured notice of the increase in renewal premium at least 60 days before the policy renewal or anniversary date. Creates the Rates for Fire and Extended Coverage Insurance Article. Contains provisions concerning the purpose and applicability of the Article. Prohibits rates from being excessive, inadequate, or unfairly discriminatory, as specified. Sets forth provisions concerning determinations and notice from the Department of Insurance and hearings on the notice. Provides that credible State-specific loss experience shall be used in the development of rates whenever that data is available and statistically reliable. Authorizes insurers, in order to meet actuarial standards of credibility, to supplement State-specific loss experience with countrywide, regional, or out-of-state loss experience. Effective July 1, 2027.
- Status
- Passed
- Signed or otherwise enacted
- Status date
- Aug 4, 2026
- 100 days ago
- Current chamber
- House of Representatives
- Session
- 2025-2026 Regular Session
IL HB 4273 · PassedAug 4
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Bill details
- Last action
- Public Act . . . . . . . . . 104-0752 · Aug 4, 2026
Sponsors
TJThaddeus JonesRepresentative · Democrat · HD-029Primary sponsorPrimary sponsor
MHMichael HastingsSenator · Democrat · SD-019Primary sponsorPrimary sponsor
JWJawaharial WilliamsRepresentative · Democrat · HD-010
MHMaura HirschauerRepresentative · Democrat · HD-049
RMRita MayfieldRepresentative · Democrat · HD-060
BMBob MorganRepresentative · Democrat · HD-058
AOAaron OrtizRepresentative · Democrat · HD-001
DADagmara AvelarRepresentative · Democrat · HD-085
Show 20 more sponsors
MMMichelle MussmanRepresentative · Democrat · HD-056
SNSuzanne NessRepresentative · Democrat · HD-066
DMDebbie Meyers-MartinRepresentative · Democrat · HD-038
JYJanet Yang RohrRepresentative · Democrat · HD-041
KCKelly CassidyRepresentative · Democrat · HD-014
JCJustin CochranRepresentative · Democrat · HD-055
BHBarbara HernandezRepresentative · Democrat · HD-050
NHNorma HernandezRepresentative · Democrat · HD-077
LJLilian JimenezRepresentative · Democrat · HD-004
MPMike PorfirioSenator · Democrat · SD-011
DTDoris TurnerSenator · Democrat · SD-048
CCCristina CastroSenator · Democrat · SD-022
MLMeg Loughran CappelSenator · Democrat · SD-049
RVRachel VenturaSenator · Democrat · SD-043
SFSara FeigenholtzSenator · Democrat · SD-006
ESElgie SimsSenator · Democrat · SD-017
MHMichael HalpinSenator · Democrat · SD-036
MEMary Edly-AllenSenator · Democrat · SD-031
SGSuzanne Glowiak HiltonSenator · Democrat · SD-023
CBChristopher BeltSenator · Democrat · SD-057
Bill history
Newest first.
Aug 4, 2026Public Act . . . . . . . . . 104-0752House
Aug 4, 2026Effective Date July 1, 2027House
Aug 4, 2026Governor ApprovedHouse
Jun 25, 2026Sent to the GovernorHouse
Jun 10, 2026Added as Alternate Co-Sponsor Sen. Christopher BeltSenate
Jun 10, 2026Added as Alternate Co-Sponsor Sen. Suzy Glowiak HiltonSenate
Jun 9, 2026Added as Alternate Co-Sponsor Sen. Mary Edly-AllenSenate
Jun 9, 2026Added as Alternate Co-Sponsor Sen. Michael W. HalpinSenate
Show 61 earlier actions
May 28, 2026Added as Alternate Co-Sponsor Sen. Elgie R. Sims, Jr.Senate
May 27, 2026Added Co-Sponsor Rep. Lilian JiménezHouse
May 27, 2026Added Co-Sponsor Rep. Norma HernandezHouse
May 27, 2026Added Co-Sponsor Rep. Barbara HernandezHouse
May 27, 2026Added Co-Sponsor Rep. Justin CochranHouse
May 27, 2026Passed Both HousesHouse
May 27, 2026Added Co-Sponsor Rep. Kelly M. CassidyHouse
May 27, 2026Added Co-Sponsor Rep. Janet Yang RohrHouse
May 27, 2026Added Co-Sponsor Rep. Debbie Meyers-MartinHouse
May 27, 2026Added Co-Sponsor Rep. Suzanne M. NessHouse
May 27, 2026Added Chief Co-Sponsor Rep. Jawaharial WilliamsHouse
May 27, 2026House ConcursHouse
May 27, 2026Senate Floor Amendment No. 1 House Concurs 072-038-000House
May 27, 2026Added Co-Sponsor Rep. Michelle MussmanHouse
May 27, 2026Added Co-Sponsor Rep. Dagmara AvelarHouse
May 27, 2026Added Co-Sponsor Rep. Aarón M. OrtízHouse
May 27, 2026Added Co-Sponsor Rep. Bob MorganHouse
May 27, 2026Added Co-Sponsor Rep. Rita MayfieldHouse
May 21, 2026Added Co-Sponsor Rep. Maura HirschauerHouse
May 21, 2026Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 008-004-000House
May 20, 2026Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive CommitteeHouse
May 20, 2026Senate Floor Amendment No. 1 Motion Filed Concur Rep. Thaddeus JonesHouse
May 14, 2026Chief Sponsor Changed to Rep. Thaddeus JonesHouse
May 14, 2026Added as Alternate Co-Sponsor Sen. Sara FeigenholtzSenate
May 14, 2026Added as Alternate Co-Sponsor Sen. Rachel VenturaSenate
May 14, 2026Added as Alternate Chief Co-Sponsor Sen. Meg Loughran CappelSenate
May 13, 2026Added as Alternate Chief Co-Sponsor Sen. Cristina CastroSenate
May 13, 2026Added as Alternate Chief Co-Sponsor Sen. Doris TurnerSenate
May 13, 2026Placed on Calendar Order of Concurrence Senate Amendment(s) 1House
May 13, 2026Arrived in HouseHouse
May 13, 2026Third Reading - Passed; 043-014-001Senate
May 13, 2026Placed on Calendar Order of 3rd ReadingSenate
May 13, 2026Senate Floor Amendment No. 1 Adopted; HastingsSenate
May 13, 2026Recalled to Second ReadingSenate
May 13, 2026Senate Floor Amendment No. 1 Recommend Do Adopt Insurance; 009-003-000Senate
May 12, 2026Added as Alternate Chief Co-Sponsor Sen. Mike PorfirioSenate
May 12, 2026Placed on Calendar Order of 3rd Reading May 13, 2026Senate
May 12, 2026Second ReadingSenate
May 12, 2026Senate Floor Amendment No. 1 Assignments Refers to InsuranceSenate
May 11, 2026Senate Floor Amendment No. 1 Referred to AssignmentsSenate
May 11, 2026Senate Floor Amendment No. 1 Filed with Secretary by Sen. Michael E. HastingsSenate
May 6, 2026Placed on Calendar Order of 2nd Reading May 7, 2026Senate
May 6, 2026Do Pass Judiciary; 009-000-000Senate
Apr 28, 2026Assigned to JudiciarySenate
Apr 15, 2026Referred to AssignmentsSenate
Apr 15, 2026First ReadingSenate
Apr 15, 2026Chief Senate Sponsor Sen. Michael E. HastingsSenate
Apr 15, 2026Placed on Calendar Order of First ReadingSenate
Apr 15, 2026Arrive in SenateSenate
Apr 14, 2026Third Reading - Standard Debate - Passed 073-037-000House
Apr 14, 2026Placed on Calendar Order of 3rd Reading - Standard DebateHouse
Apr 14, 2026Chair Rules Standard DebateHouse
Apr 14, 2026Placed on Calendar Order of 3rd Reading - Short DebateHouse
Apr 10, 2026Held on Calendar Order of Second Reading - Short DebateHouse
Apr 10, 2026Second Reading - Short DebateHouse
Mar 19, 2026Placed on Calendar 2nd Reading - Short DebateHouse
Mar 19, 2026Do Pass / Short Debate Judiciary - Civil Committee; 013-007-000House
Feb 11, 2026Assigned to Judiciary - Civil CommitteeHouse
Jan 14, 2026Referred to Rules CommitteeHouse
Jan 14, 2026First ReadingHouse
Jan 5, 2026Filed with the Clerk by Rep. Daniel DidechHouse
Recorded votes
House Judiciary - Civil CommitteeMar 19, 2026 · House · 13 yea · 7 nayPassedPassed
Senate Judiciary CommitteeMay 6, 2026 · Senate · 9 yea · 0 nayPassedPassed
Senate Insurance CommitteeMay 12, 2026 · Senate · 9 yea · 3 nayPassedPassed
House Executive CommitteeMay 21, 2026 · House · 8 yea · 4 nayPassedPassed
House Third ReadingApr 14, 2026 · House · 73 yea · 37 nayPassedPassed
Senate Third ReadingMay 13, 2026 · Senate · 43 yea · 14 nayPassedPassed
House ConcurrenceMay 27, 2026 · House · 72 yea · 38 nayPassedPassed
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.