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---
type: "Bill"
title: "INTERSTATE INS REG COMPACT"
description: "Creates the Interstate Insurance Product Regulation Compact. Provides that the purposes of the Compact include the promotion and protection of the interests of consumers of individual and group annuity, life insurance, disability income, and long-term care insurance products. Creates the Interstate Insurance Product Regulation Commission to develop uniform standards for insurance products covered under the Compact, establish a central clearing house to receive and provide prompt review of insurance products covered under the Compact, provide appropriate regulatory approval, and improve coordination of regulatory resources and expertise between state insurance departments. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 2544"
citation: "Illinois SB 2544 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 45
vote_count: 4
first_action: "2010-01-12"
last_action: "2010-11-30"
source: "openstates"
source_identifier: "ocd-bill/8b6ecfee-491f-4d9a-a9a3-d9bda708c85a"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2544&GAID=10&DocTypeID=SB&LegId=49248&SessionID=76&GA=96"
source_hash: "6c3fd72c6e9ffc3562735ecec1e81be4e23456b18c0122628d76f1eef197985e"
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 SB 2544 (96th) — INTERSTATE INS REG COMPACT
Creates the Interstate Insurance Product Regulation Compact. Provides that the purposes of the Compact include the promotion and protection of the interests of consumers of individual and group annuity, life insurance, disability income, and long-term care insurance products. Creates the Interstate Insurance Product Regulation Commission to develop uniform standards for insurance products covered under the Compact, establish a central clearing house to receive and provide prompt review of insurance products covered under the Compact, provide appropriate regulatory approval, and improve coordination of regulatory resources and expertise between state insurance departments. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2544&GA=96&SessionId=76&DocTypeId=SB&LegID=49248&DocNum=2544&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2544eng&GA=96&SessionId=76&DocTypeId=SB&LegID=49248&DocNum=2544&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB2544enr&GA=96&SessionId=76&DocTypeId=SB&LegID=49248&DocNum=2544&GAID=10&Session=&print=true)
## Votes
- Third Reading — **560** (pass) · upper
- Motion — **1110** (fail) · lower
- Motion — **490** (pass) · upper
- Third Reading — **1090** (pass) · lower
## Sponsors
- Karen A. Yarbrough — cosponsor (person)
- William R. Haine — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2010-01-12** Filed with Secretary by Sen. William R. Haine `filing`
- **2010-01-12** First Reading `reading-1`
- **2010-01-12** Referred to Assignments `referral-committee`
- **2010-02-10** Assigned to Insurance `referral-committee`
- **2010-02-18** Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine `amendment-introduction`
- **2010-02-18** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2010-02-23** Senate Committee Amendment No. 1 Assignments Refers to Insurance
- **2010-02-24** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2010-02-24** Do Pass as Amended Insurance; 011-000-000 `committee-passage`
- **2010-02-24** Placed on Calendar Order of 2nd Reading February 25, 2010
- **2010-02-24** Added as Co-Sponsor Sen. Bill Brady
- **2010-03-04** Second Reading `reading-2`
- **2010-03-04** Placed on Calendar Order of 3rd Reading March 9, 2010
- **2010-03-09** Added as Co-Sponsor Sen. Dale A. Righter
- **2010-03-09** Third Reading - Passed; 056-000-000 `reading-3, passage`
- **2010-03-10** Arrived in House `introduction`
- **2010-03-10** Chief House Sponsor Rep. Julie Hamos
- **2010-03-10** Placed on Calendar Order of First Reading `reading-1`
- **2010-03-10** First Reading `reading-1`
- **2010-03-10** Referred to Rules Committee `referral-committee`
- **2010-03-22** Assigned to Insurance Committee `referral-committee`
- **2010-04-13** Alternate Chief Sponsor Changed to Rep. Frank J. Mautino
- **2010-04-20** Added Alternate Co-Sponsor Rep. Karen A. Yarbrough
- **2010-04-20** Do Pass / Short Debate Insurance Committee; 020-000-000 `committee-passage`
- **2010-04-21** Placed on Calendar 2nd Reading - Short Debate
- **2010-04-22** Second Reading - Short Debate `reading-2`
- **2010-04-22** Placed on Calendar Order of 3rd Reading - Short Debate
- **2010-04-23** Third Reading - Short Debate - Passed 109-000-000 `reading-3, passage`
- **2010-04-23** Passed Both Houses
- **2010-04-23** Added Alternate Chief Co-Sponsor Rep. Jim Watson
- **2010-04-23** Added Alternate Chief Co-Sponsor Rep. JoAnn D. Osmond
- **2010-05-21** Sent to the Governor `executive-receipt`
- **2010-07-20** Governor Amendatory Veto `executive-veto`
- **2010-11-04** Placed on Calendar Amendatory Veto November 16, 2010
- **2010-11-04** Motion Filed Override Amendatory Veto Sen. William R. Haine
- **2010-11-16** 3/5 Vote Required
- **2010-11-16** Override Amendatory Veto - Senate Passed 049-000-000
- **2010-11-18** Arrived in House `introduction`
- **2010-11-18** Placed on Calendar Amendatory Veto November 29, 2010
- **2010-11-29** Motion Filed Override Amendatory Veto Rep. Frank J. Mautino
- **2010-11-29** 3/5 Vote Required
- **2010-11-29** Override Amendatory Veto - House Passed 111-000-000
- **2010-11-29** Amendatory Veto Overridden Both Houses
- **2010-11-30** Effective Date November 29, 2010
- **2010-11-30** Public Act . . . . . . . . . 96-1481 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8b6ecfee-491f-4d9a-a9a3-d9bda708c85a`. Confidence: reported (aggregated from official Illinois legislature records).