INSURANCE-VARIOUS
Summary
Amends the Illinois Insurance Code. In provisions concerning uninsured motor vehicle coverage, provides that no motor vehicle insurance policy shall be renewed, delivered, or issued in the State unless coverage is made available in the amount of the cash value of the motor vehicle or the limit for uninsured motor vehicle property damage (rather than $15,000), whichever is less. In provisions concerning fraud reporting, provides that the Director of Insurance may request an insurer to report factual information that is pertinent to suspected insurance fraud after a determination that the information is necessary to detect fraud or arson. Removes language providing that the Director is authorized to establish fraud reporting requirements by rule. In provisions concerning standard non-forfeiture for individual deferred annuities, changes an interest rate to 0.15% (rather than 1%). Sets forth provisions concerning availability of information on qualified health plans. In provisions concerning refunds, penalties, and collection, provides that the Department of Insurance shall deposit an amount of cash refunds approved by the Director (rather than an amount calculated by using an annual percentage) into the Insurance Premium Tax Refund Fund. Repeals a provision concerning preexisting condition exclusions. Makes other changes. Makes conforming changes in the Health Maintenance Organization Act, the Limited Health Service Organization Act, and the Voluntary Health Services Plans Act. Amends the Illinois Health Insurance Portability and Accountability Act. Provides that no health insurance coverage issued, amended, delivered, or renewed on or after the effective date of the amendatory Act may impose any preexisting condition exclusion with respect to the plan or coverage. Removes language concerning preexisting condition exclusion limitations. Amends the Workers' Compensation Act. In provisions concerning decisions of the Industrial Commission, provides that the State of Illinois shall not be required to file a bond to secure payment of an award for payment of money and the costs of proceedings in the court to authorize the circuit court to issue summons. Amends the Unemployment Insurance Act. Provides that the Director may make available to the Department of Insurance information regarding employers for the purpose of verifying insurance coverage. Effective immediately. House Committee Amendment No. 1 Deletes reference to: 215 ILCS 5/155.23 Adds reference to: 20 ILCS 4005/8.5 20 ILCS 4005/8.6 215 ILCS 5/35B-30 215 ILCS 5/143 from Ch. 73, par. 755 215 ILCS 5/408 from Ch. 73, par. 1020 215 ILCS 5/416 820 ILCS 310/19 from Ch. 48, par. 172.54 Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Removes provisions concerning fraud reporting. Amends the Illinois Motor Vehicle Theft Prevention and Insurance Verification Act. Provides that before April 1 of each year, each insurer engaged in writing private passenger motor vehicle insurance coverage may collect and shall pay (rather than shall collect and remit) to the Department of Insurance specified amounts determined by the Illinois Law Enforcement Training Board for deposit into the State Police Training and Academy Fund and the Law Enforcement Training Fund. Further amends the Illinois Insurance Code. Sets forth filing fees and charges. Provides that the Director shall charge and collect the sum of $40 (rather than $20) for any service of process on the Director as attorney. In provisions concerning the Illinois Workers' Compensation Commission Operations Fund surcharges, provides that when a company fails to pay the full amount of any annual Illinois Workers' Compensation Commission Operations Fund Surcharge of $100 or more, there shall be added to the amount due as a penalty an amount equal to 10% (rather than the greater of $1,000 or an amount equal to 5%) of the deficiency for each month or part of a month that the deficiency remains unpaid. Amends the Workers' Compensation Act and the Workers' Occupational Diseases Act. In provisions concerning decisions of the Illinois Workers' Compensation Commission, provides that the State Treasurer shall not be required to file a bond to secure the payment of an award and the costs of proceedings in court to authorize the court to issue summons for a fund administered by the State Treasurer ex officio. Makes other changes. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2022
Committee Review
Mar 2022
House Passage
Mar 2022
Senate Passage
Mar 2022
Signed into Law
May 2022
Introduced Mar 7, 2022
Signed May 13, 2022
Floor votes · Senate Mar 30, 2022 · House Mar 4, 2022
How they voted
49–0
Passed · 2 other
Total votes 51
Mar 30, 2022
D
Democratic34
97% Yea
R
Republican17
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
8
Committee
8
Amendments
2
May 13, 2022
Signed into law
Governor Approved
lower
Mar 30, 2022
Lower · Passed
Passed Both Houses
lower
Mar 30, 2022
Upper · Passed
Third Reading - Passed; 056-000-000
upper
Mar 23, 2022
Upper · Passed
Do Pass State Government; 008-000-000
upper
Mar 16, 2022
Committee
Assigned to State Government
upper
Mar 7, 2022
Committee
Referred to Assignments
upper
Mar 7, 2022
Introduced
Arrive in Senate
upper
Mar 4, 2022
Lower · Passed
Third Reading - Consent Calendar - Passed 104-000-000
lower
Feb 17, 2022
Lower · Passed
Do Pass as Amended / Consent Calendar Insurance Committee; 017-000-000
lower
Feb 17, 2022
Lower · Passed
House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
lower
Feb 16, 2022
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Insurance Committee
lower
Feb 15, 2022
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 15, 2022
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Bob Morgan
lower
Feb 1, 2022
Committee
Assigned to Insurance Committee
lower
Jan 21, 2022
Committee
Referred to Rules Committee
lower
2 primary · 0 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4493
Scope: IL
Hi! I can help you understand HB 4493. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline