republic-os/legislation/us/states/il/98th/sb-3324.md

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

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-INDUSTRIAL INSUREDS	Amends the Illinois Insurance Code. Makes changes in the Section concerning transactions involving contracts of insurance issued to one or more industrial insureds to apply to transactions involving contracts of insurance independently procured directly from an unauthorized insurer by industrial insureds. Provides that within 90 days after the effective date of each contract of insurance issued under the Section, the insured shall file a report with the Director of Insurance by submitting the report to the Surplus Line Association of Illinois and provide information as designated by the Surplus Line Association of Illinois. Provides that within 30 days after filing the report, the insured shall pay to the Director for the use and benefit of the State a sum equal to the gross premium of the contract of insurance multiplied by the surplus line tax rate and shall pay the fire marshal tax. Includes surplus line producers and industrial insureds in the provisions concerning refunds, penalties, and collection. Sets forth requirements for when more than one insured from a group that is not affiliated are named insureds on a single surplus line insurance contract. Makes changes in the provisions concerning surplus line and examinations of the Association.	us/states/il	Illinois General Assembly	98th	SB 3324	Illinois SB 3324 (98th)	bill		enacted		3	33	2	2014-02-14	2014-08-15	openstates	ocd-bill/1acdfcfa-bdda-425d-b470-37a7349f0be4	http://ilga.gov/legislation/BillStatus.asp?DocNum=3324&GAID=12&DocTypeID=SB&LegId=80532&SessionID=85&GA=98	ab87a3bbf939d1b66a8f84f2c2adf32506cd37f27c73b78f8465dc33263d9876	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois SB 3324 (98th) — INS CD-INDUSTRIAL INSUREDS

Amends the Illinois Insurance Code. Makes changes in the Section concerning transactions involving contracts of insurance issued to one or more industrial insureds to apply to transactions involving contracts of insurance independently procured directly from an unauthorized insurer by industrial insureds. Provides that within 90 days after the effective date of each contract of insurance issued under the Section, the insured shall file a report with the Director of Insurance by submitting the report to the Surplus Line Association of Illinois and provide information as designated by the Surplus Line Association of Illinois. Provides that within 30 days after filing the report, the insured shall pay to the Director for the use and benefit of the State a sum equal to the gross premium of the contract of insurance multiplied by the surplus line tax rate and shall pay the fire marshal tax. Includes surplus line producers and industrial insureds in the provisions concerning refunds, penalties, and collection. Sets forth requirements for when more than one insured from a group that is not affiliated are named insureds on a single surplus line insurance contract. Makes changes in the provisions concerning surplus line and examinations of the Association.

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

• Third Reading — 48–0 (pass) · upper
• Third Reading — 114–0 (pass) · lower

Sponsors

• Monique D. Davis — cosponsor (person)
• William R. Haine — primary (person)

Timeline

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

• 2014-02-14 Filed with Secretary by Sen. William R. Haine filing
• 2014-02-14 First Reading reading-1
• 2014-02-14 Referred to Assignments referral-committee
• 2014-02-25 Assigned to Insurance referral-committee
• 2014-03-13 Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine amendment-introduction
• 2014-03-13 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
• 2014-03-18 Senate Committee Amendment No. 2 Filed with Secretary by Sen. William R. Haine amendment-introduction
• 2014-03-18 Senate Committee Amendment No. 2 Referred to Assignments referral-committee
• 2014-03-20 Senate Committee Amendment No. 1 Assignments Refers to Insurance
• 2014-03-20 Senate Committee Amendment No. 2 Assignments Refers to Insurance
• 2014-03-20 Senate Committee Amendment No. 1 Adopted amendment-passage
• 2014-03-20 Senate Committee Amendment No. 2 Adopted amendment-passage
• 2014-03-21 Do Pass as Amended Insurance; 008-000-000 committee-passage
• 2014-03-21 Placed on Calendar Order of 2nd Reading March 25, 2014
• 2014-04-03 Second Reading reading-2
• 2014-04-03 Placed on Calendar Order of 3rd Reading April 7, 2014
• 2014-04-07 Third Reading - Passed; 048-000-000 reading-3, passage
• 2014-04-07 Arrived in House introduction
• 2014-04-10 Chief House Sponsor Rep. JoAnn D. Osmond
• 2014-04-10 First Reading reading-1
• 2014-04-10 Referred to Rules Committee referral-committee
• 2014-04-28 Assigned to Insurance Committee referral-committee
• 2014-05-06 Do Pass / Short Debate Insurance Committee; 023-000-000 committee-passage
• 2014-05-07 Placed on Calendar 2nd Reading - Short Debate
• 2014-05-09 Added Alternate Co-Sponsor Rep. Monique D. Davis
• 2014-05-13 Second Reading - Short Debate reading-2
• 2014-05-13 Placed on Calendar Order of 3rd Reading - Short Debate
• 2014-05-21 Third Reading - Short Debate - Passed 114-000-000 reading-3, passage
• 2014-05-21 Passed Both Houses
• 2014-06-19 Sent to the Governor executive-receipt
• 2014-08-15 Governor Approved executive-signature
• 2014-08-15 Effective Date January 1, 2015
• 2014-08-15 Public Act . . . . . . . . . 98-0978 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/1acdfcfa-bdda-425d-b470-37a7349f0be4. Confidence: reported (aggregated from official Illinois legislature records).