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type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill INS CD-DOMESTIC CEDING INSURER Amends the Illinois Insurance Code in provisions concerning credit allowed a domestic ceding insurer. Provides that the assuming insurer shall provide or make certain information to be reported to the Director of Insurance available to the ceding insurer and that the assuming insurer may decline to release trade secrets or commercially sensitive information that would qualify as exempt from disclosure under the Freedom of Information Act. With regard to an assuming insurer's trust fund, provides that not later than February 28 of each year, the assuming insurer's chief executive officer or chief financial officer shall certify to the Director that the trust fund contains funds in an amount not less than the assuming insurer's liabilities attributable to reinsurance ceded by U.S. ceding insurers, and in addition, a trusteed surplus of not less than $20,000,000. Permits a reduction in the required trusteed surplus in specified circumstances. Provides that in the event that the provision concerning the reduction in the required trusteed surplus applies to the trust, the assuming insurer's chief executive officer or chief financial officer shall then certify to the Director that the trust fund contains funds in an amount not less than the assuming insurer's liabilities attributable to reinsurance ceded by U.S. ceding insurers, and in addition, a reduced trusteed surplus of not less than the amount that has been authorized by the regulatory authority having principal regulatory oversight of the trust. Makes changes to provisions concerning financial strength ratings. Sets forth provisions concerning downgrades by rating agencies, the Director's authority, upgrading the rating of a certified reinsurer, and the revocation of the certification of a certified reinsurer. Makes other changes. us/states/il Illinois General Assembly 100th SB 1737 Illinois SB 1737 (100th)
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3 74 6 2017-02-09 2018-11-29 openstates ocd-bill/9a819d28-5017-4b55-a336-b3065e344cb2 http://ilga.gov/legislation/BillStatus.asp?DocNum=1737&GAID=14&DocTypeID=SB&LegId=104676&SessionID=91&GA=100 9aad1a51dd97b420608de539daf33f68ea97f16e2c85e534ba04f9d260286d30 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 1737 (100th) — INS CD-DOMESTIC CEDING INSURER

Amends the Illinois Insurance Code in provisions concerning credit allowed a domestic ceding insurer. Provides that the assuming insurer shall provide or make certain information to be reported to the Director of Insurance available to the ceding insurer and that the assuming insurer may decline to release trade secrets or commercially sensitive information that would qualify as exempt from disclosure under the Freedom of Information Act. With regard to an assuming insurer's trust fund, provides that not later than February 28 of each year, the assuming insurer's chief executive officer or chief financial officer shall certify to the Director that the trust fund contains funds in an amount not less than the assuming insurer's liabilities attributable to reinsurance ceded by U.S. ceding insurers, and in addition, a trusteed surplus of not less than $20,000,000. Permits a reduction in the required trusteed surplus in specified circumstances. Provides that in the event that the provision concerning the reduction in the required trusteed surplus applies to the trust, the assuming insurer's chief executive officer or chief financial officer shall then certify to the Director that the trust fund contains funds in an amount not less than the assuming insurer's liabilities attributable to reinsurance ceded by U.S. ceding insurers, and in addition, a reduced trusteed surplus of not less than the amount that has been authorized by the regulatory authority having principal regulatory oversight of the trust. Makes changes to provisions concerning financial strength ratings. Sets forth provisions concerning downgrades by rating agencies, the Director's authority, upgrading the rating of a certified reinsurer, and the revocation of the certification of a certified reinsurer. Makes other changes.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Motion — 520 (pass) · upper
  • Third Reading — 570 (pass) · upper
  • Motion — 8920 (fail) · lower
  • Concurrence, Amendment 1 — 425 (pass) · upper
  • Concurrence, Amendment 2 — 425 (pass) · upper
  • Third Reading — 8528 (pass) · lower

Sponsors

  • Antonio Muñoz — primary (person)
  • Katie Stuart — cosponsor (person)
  • LaToya Greenwood — cosponsor (person)
  • Laura Fine — cosponsor (person)

Timeline

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

  • 2017-02-09 Filed with Secretary by Sen. Antonio Muñoz filing
  • 2017-02-09 First Reading reading-1
  • 2017-02-09 Referred to Assignments referral-committee
  • 2017-02-28 Assigned to Insurance referral-committee
  • 2017-03-09 Do Pass Insurance; 011-000-000 committee-passage
  • 2017-03-09 Placed on Calendar Order of 2nd Reading March 14, 2017
  • 2017-04-06 Second Reading reading-2
  • 2017-04-06 Placed on Calendar Order of 3rd Reading April 25, 2017
  • 2017-04-27 Third Reading - Passed; 057-000-000 reading-3, passage
  • 2017-04-27 Arrived in House introduction
  • 2017-04-27 Chief House Sponsor Rep. Michael J. Zalewski
  • 2017-04-27 First Reading reading-1
  • 2017-04-27 Referred to Rules Committee referral-committee
  • 2017-05-09 Assigned to Executive Committee referral-committee
  • 2017-05-19 Committee Deadline Extended-Rule 9(b) May 26, 2017
  • 2017-05-26 Final Action Deadline Extended-9(b) May 31, 2017
  • 2017-05-31 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2018-05-25 Alternate Chief Sponsor Changed to Rep. Jay Hoffman
  • 2018-05-28 Assigned to Executive Committee referral-committee
  • 2018-05-28 Final Action Deadline Extended-9(b) May 31, 2018
  • 2018-05-28 Motion Filed to Suspend Rule 21 Executive Committee; Rep. Barbara Flynn Currie
  • 2018-05-28 Motion to Suspend Rule 21 - Prevailed
  • 2018-05-29 Do Pass / Short Debate Executive Committee; 011-000-000 committee-passage
  • 2018-05-29 Placed on Calendar 2nd Reading - Short Debate
  • 2018-05-29 Second Reading - Short Debate reading-2
  • 2018-05-29 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2018-05-30 House Floor Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman amendment-introduction
  • 2018-05-30 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2018-05-30 House Floor Amendment No. 1 Rules Refers to Labor & Commerce Committee
  • 2018-05-30 House Floor Amendment No. 1 Recommends Be Adopted Labor & Commerce Committee; 017-010-000 committee-passage-favorable
  • 2018-05-31 Added Alternate Chief Co-Sponsor Rep. Michael D. Unes
  • 2018-05-31 Added Alternate Chief Co-Sponsor Rep. Norine K. Hammond
  • 2018-05-31 House Floor Amendment No. 2 Filed with Clerk by Rep. Jay Hoffman amendment-introduction
  • 2018-05-31 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2018-05-31 House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 committee-passage-favorable
  • 2018-05-31 Added Alternate Chief Co-Sponsor Rep. Dan Brady
  • 2018-05-31 House Floor Amendment No. 1 Fiscal Note Filed as Amended
  • 2018-05-31 House Floor Amendment No. 1 Adopted amendment-passage
  • 2018-05-31 House Floor Amendment No. 2 Adopted amendment-passage
  • 2018-05-31 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2018-05-31 Removed from Short Debate Status
  • 2018-05-31 Placed on Calendar Order of 3rd Reading - Standard Debate
  • 2018-05-31 Added Alternate Co-Sponsor Rep. Katie Stuart
  • 2018-05-31 Added Alternate Co-Sponsor Rep. LaToya Greenwood
  • 2018-05-31 Third Reading - Standard Debate - Passed 085-028-000 reading-3, passage
  • 2018-05-31 Added Alternate Chief Co-Sponsor Rep. Michael J. Zalewski
  • 2018-05-31 Secretary's Desk - Concurrence House Amendment(s) 1, 2
  • 2018-05-31 Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 31, 2018
  • 2018-05-31 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Antonio Muñoz filing
  • 2018-05-31 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2018-05-31 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Antonio Muñoz filing
  • 2018-05-31 House Floor Amendment No. 2 Motion to Concur Referred to Assignments referral-committee
  • 2018-05-31 House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
  • 2018-05-31 House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
  • 2018-05-31 House Floor Amendment No. 1 Senate Concurs 042-005-000
  • 2018-05-31 House Floor Amendment No. 2 Senate Concurs 042-005-000
  • 2018-05-31 Senate Concurs
  • 2018-05-31 Passed Both Houses
  • 2018-06-29 Sent to the Governor executive-receipt
  • 2018-08-26 Governor Amendatory Veto executive-veto
  • 2018-11-13 Placed on Calendar Amendatory Veto November 14, 2018
  • 2018-11-13 Motion Filed Override Amendatory Veto Sen. Antonio Muñoz
  • 2018-11-14 3/5 Vote Required
  • 2018-11-14 Override Amendatory Veto - Senate Passed 052-000-000
  • 2018-11-15 Arrived in House introduction
  • 2018-11-15 Placed on Calendar Amendatory Veto
  • 2018-11-19 Added Alternate Co-Sponsor Rep. Laura Fine
  • 2018-11-20 Motion Filed Override Amendatory Veto Rep. Jay Hoffman
  • 2018-11-27 3/5 Vote Required
  • 2018-11-27 Override Amendatory Veto - House Passed 089-020-001
  • 2018-11-27 Amendatory Veto Overridden Both Houses
  • 2018-11-29 Effective Date November 27, 2018; Some provisions
  • 2018-11-29 Effective Date February 1, 2019; Some provisions
  • 2018-11-29 Public Act . . . . . . . . . 100-1118 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/9a819d28-5017-4b55-a336-b3065e344cb2. Confidence: reported (aggregated from official Illinois legislature records).