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

---
type: "Bill"
title: "INS CD-INDUSTRIAL INSUREDS"
description: "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."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "98th"
identifier: "SB 3324"
citation: "Illinois SB 3324 (98th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 33
vote_count: 2
first_action: "2014-02-14"
last_action: "2014-08-15"
source: "openstates"
source_identifier: "ocd-bill/1acdfcfa-bdda-425d-b470-37a7349f0be4"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3324&GAID=12&DocTypeID=SB&LegId=80532&SessionID=85&GA=98"
source_hash: "ab87a3bbf939d1b66a8f84f2c2adf32506cd37f27c73b78f8465dc33263d9876"
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 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](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3324&GA=98&SessionId=85&DocTypeId=SB&LegID=80532&DocNum=3324&GAID=12&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3324eng&GA=98&SessionId=85&DocTypeId=SB&LegID=80532&DocNum=3324&GAID=12&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB3324enr&GA=98&SessionId=85&DocTypeId=SB&LegID=80532&DocNum=3324&GAID=12&Session=&print=true)

## 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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1acdfcfa-bdda-425d-b470-37a7349f0be4`. Confidence: reported (aggregated from official Illinois legislature records).