---
type: "Bill"
title: "INS DIRECTORS-INVESTMENTS"
description: "INS DIRECTORS-INVESTMENTS"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "92nd"
identifier: "HB 2556"
citation: "Illinois HB 2556 (92nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 38
vote_count: 0
first_action: "2001-02-26T00:00:00-06:00"
last_action: "2001-07-24T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/45c68838-a5ef-4879-85fd-60756f44dcda"
source_url: "http://www.ilga.gov/legislation/legisnet92/92gatoc.html"
source_hash: "b7b6fe5be3e135ab89096ad27dd1b9df1b8368ac427b4e214ecdece9bac5bbe5"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 2556 (92nd) — INS DIRECTORS-INVESTMENTS

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB2556** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet92/hbgroups/hb/920HB2556LV.html)

## Sponsors

- KOSEL — cosponsor (person)
- MAUTINO — cosponsor (person)
- O'CONNOR — cosponsor (person)
- OSMOND — cosponsor (person)
- SIEBEN — cosponsor (person)
- YARBROUGH — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2001-02-26T00:00:00-06:00** FILED WITH CLERK `introduction`
- **2001-02-27T00:00:00-06:00** FIRST READING `reading-1`
- **2001-02-27T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **2001-02-28T00:00:00-06:00** ASSIGNED TO COMMITTEE INSURANCE `referral-committee`
- **2001-02-28T00:00:00-06:00** ADDED AS A JOINT SPONSOR MAUTINO
- **2001-02-28T00:00:00-06:00** ADDED AS A JOINT SPONSOR O'CONNOR
- **2001-02-28T00:00:00-06:00** ADDED AS A JOINT SPONSOR YARBROUGH
- **2001-02-28T00:00:00-06:00** ADDED AS A JOINT SPONSOR KOSEL
- **2001-03-07T00:00:00-06:00** AMENDMENT NO. 01-INSURANCE H
- **2001-03-07T00:00:00-06:00** ADOPTED `passage`
- **2001-03-07T00:00:00-06:00** DO PASS AMENDED/SHORT DEBATE 013-000-000 HINS
- **2001-03-07T00:00:00-06:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **2001-03-20T00:00:00-06:00** AMENDMENT NO. 02-OSMOND
- **2001-03-20T00:00:00-06:00** AMENDMENT REFERRED TO HRUL
- **2001-03-20T00:00:00-06:00** CALENDAR ORDER 2ND READING-SHORT DEBATE
- **2001-03-21T00:00:00-06:00** AMENDMENT NO. 02-OSMOND
- **2001-03-21T00:00:00-06:00** RECOMMENDS BE ADOPTED HRUL/005-000-000
- **2001-03-21T00:00:00-06:00** SECOND READING-SHORT DEBATE `reading-2`
- **2001-03-21T00:00:00-06:00** AMENDMENT NO. 02-OSMOND
- **2001-03-21T00:00:00-06:00** ADOPTED `passage`
- **2001-03-21T00:00:00-06:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **2001-03-22T00:00:00-06:00** THIRD READING/SHORT DEBATE/PASSED 112-000-000 `reading-3`
- **2001-03-22T00:00:00-06:00** ARRIVE IN SENATE
- **2001-03-22T00:00:00-06:00** PLACED CALENDAR ORDER OF FIRST READING 01-03-27
- **2001-03-26T00:00:00-06:00** CHIEF SPONSOR SIEBEN
- **2001-03-27T00:00:00-06:00** FIRST READING `reading-1`
- **2001-03-27T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **2001-04-06T00:00:00-05:00** ASSIGNED TO COMMITTEE INS & PENS. `referral-committee`
- **2001-04-24T00:00:00-05:00** DO PASS 009-000-000 SINS
- **2001-04-24T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 2ND READING 01-04-25
- **2001-05-02T00:00:00-05:00** SECOND READING `reading-2`
- **2001-05-02T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 3RD READING 01-05-03
- **2001-05-03T00:00:00-05:00** THIRD READING - PASSED 056-000-000 `reading-3`
- **2001-05-03T00:00:00-05:00** PASSED BOTH HOUSES
- **2001-06-01T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **2001-07-24T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **2001-07-24T00:00:00-05:00** EFFECTIVE DATE 01-07-24
- **2001-07-24T00:00:00-05:00** PUBLIC ACT.............................. 92-0140

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/45c68838-a5ef-4879-85fd-60756f44dcda`. Confidence: reported (aggregated from official Illinois legislature records).