Illinois 103rd Regular Session Status: Enacted Bipartisan · 5 D · 1 R cosponsors

HB 4588 — INS-RISK RETENTION COMPANIES

Last action — Public Act . . . . . . . . . 103-0823

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 26, 2024. Enacted.

Signed by Governor JB Pritzker (Democratic) on August 09, 2024.

Prognosis

Likely to advance 98% · high confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 6 sponsors

    2 primary, 4 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (5 D · 1 R) — cross-party backing.

  • Cleared a recorded vote

    Passed 6 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Amends the Regulatory Sunset Act. Removes a provision repealing the Risk Retention Companies Article of the Illinois Insurance Code on January 1, 2027. Effective immediately.

Bill Text

What changed in the latest version

9 added · 4 removed

Plain-language change summary

The changes made to HB 4588 include the addition of a new section specifying that a certain part of the Illinois Insurance Code will be repealed on January 1, 2057. This repeal establishes a clear timeline for when this section will no longer be in effect, providing future clarity and ensuring that lawmakers and the public understand its longevity. This matters because it allows for better planning and assessment of the law's impact over time, ensuring that any necessary adjustments can be made before the repeal date.

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Previous
Latest
HB4588 Engrossed LRB103 37059 RPS 67176 b AN ACT concerning regulation.
HB4588 Enrolled LRB103 37059 RPS 67176 b AN ACT concerning regulation.
HB4588 Engrossed - 2 - LRB103 37059 RPS 67176 b The Radiation Protection Act of 1990.
HB4588 Enrolled - 2 - LRB103 37059 RPS 67176 b The Radiation Protection Act of 1990.
1-1-24.) Section 99.
1-1-24.) Section 10.
The Illinois Insurance Code is amended by adding Section 123B-15 as follows:
(215 ILCS 5/123B-15 new) Sec.
123B-15.
Article repeal.
This Article is repealed on January 1, 2057.
Section 99.
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How this bill changes current law

2 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill extends the repeal date of certain regulatory acts and adds a provision to the Illinois Insurance Code for a future repeal.

  • 5 ILCS 80/4.37

    The following are repealed on January 1, 2027: → The following are repealed on January 1, 2057:

    The repeal date for the listed acts is extended from January 1, 2027, to January 1, 2057.

  • 215 ILCS 5/123B-15

    This Article is repealed on January 1, 2057.

    Adds a new provision to the Illinois Insurance Code that establishes a repeal date of January 1, 2057, for the Article.

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Public Act . . . . . . . . . 103-0823

  2. Effective Date August 9, 2024

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. House Concurs

  7. Senate Committee Amendment No. 1 House Concurs 107-000-000

  8. Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Insurance Committee; 015-000-000

  9. Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Insurance Committee

  10. Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee

  11. Senate Committee Amendment No. 1 Motion Filed Concur Rep. Ann M. Williams

  12. Placed on Calendar Order of Concurrence Senate Amendment(s) 1

  13. Arrived in House

  14. Third Reading - Passed; 058-000-000

  15. Placed on Calendar Order of 3rd Reading May 23, 2024

  16. Second Reading

  17. Rule 2-10 Third Reading/Passage Deadline Established As May 24, 2024

  18. Placed on Calendar Order of 2nd Reading May 21, 2024

  19. Do Pass as Amended Judiciary; 007-000-000

  20. Senate Committee Amendment No. 1 Adopted

  21. Rule 2-10 Committee Deadline Established As May 24, 2024

  22. Senate Committee Amendment No. 1 Assignments Refers to Judiciary

  23. Senate Committee Amendment No. 1 Referred to Assignments

  24. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick

  25. Rule 2-10 Committee Deadline Established As May 17, 2024

  26. Rule 2-10 Committee Deadline Established As May 10, 2024

  27. Assigned to Judiciary

  28. Referred to Assignments

  29. First Reading

  30. Chief Senate Sponsor Sen. Robert F. Martwick

  31. Placed on Calendar Order of First Reading

  32. Arrive in Senate

  33. Third Reading - Short Debate - Passed 111-000-000

  34. Placed on Calendar Order of 3rd Reading - Short Debate

  35. Second Reading - Short Debate

  36. Placed on Calendar 2nd Reading - Short Debate

  37. Do Pass / Short Debate Insurance Committee; 010-000-000

  38. Added Co-Sponsor Rep. William "Will" Davis

  39. Added Co-Sponsor Rep. Brad Stephens

  40. Added Co-Sponsor Rep. Jaime M. Andrade, Jr.

  41. Assigned to Insurance Committee

  42. Added Chief Co-Sponsor Rep. Jay Hoffman

  43. Referred to Rules Committee

  44. First Reading

  45. Filed with the Clerk by Rep. Ann M. Williams

Sponsors

Sponsorship breakdown

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2 sponsors · 4 co-sponsors · 177 not signed on

Sponsors (2)

Co-sponsors (4)

Not signed on (177)

177 members have not signed on to this bill.

Show all 177 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Concurrence

Passed 107 Yea · 0 Nay · 10 Other
Party YeaNayPresentNot Voting
Democrat 61003
Republican 33004
Unaffiliated 13003
Total 1070010
% of votes cast 91%0%0%9%
How each member voted (117)
Member Party Vote
Frese — Yea
Yednock — Yea
Flowers — Not Voting
Burke — Yea
Caulkins — Yea
Nichols — Yea
Ortiz — Yea
Costa Howard — Yea
Du Buclet — Not Voting
Faver Dias — Yea
Hernandez, Lisa — Yea
Katz Muhl — Yea
La Ha — Yea
Ladisch Douglass — Not Voting
Williams, Jawaharial — Yea
Yang Rohr — Yea
Abdelnasser Rashid Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Gregg Johnson Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Marcus C. Evans, Jr. Democrat Not Voting
Margaret Croke Democrat Yea
Martin J. Moylan Democrat Not Voting
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Norma Hernandez Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Not Voting
Theresa Mah Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Yea
Amy Elik Republican Yea
Amy L. Grant Republican Yea
Blaine Wilhour Republican Yea
Brad Halbrook Republican Yea
Brad Stephens Republican Yea
Bradley Fritts Republican Yea
Brandun Schweizer Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Yea
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Yea
Dave Severin Republican Not Voting
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Not Voting
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Martin McLaughlin Republican Not Voting
Michael J. Coffey, Jr. Republican Yea
Norine K. Hammond Republican Yea
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Yea
Paul Jacobs Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Not Voting

Official roll call →

Insurance

Passed 15 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 8000
Republican 4000
Unaffiliated 3000
Total 15000
% of votes cast 100%0%0%0%
How each member voted (15)
Member Party Vote
Katz Muhl — Yea
La Ha — Yea
Williams, Jawaharial — Yea
Anthony DeLuca Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
La Shawn K. Ford Democrat Yea
Laura Faver Dias Democrat Yea
Lilian Jiménez Democrat Yea
Rita Mayfield Democrat Yea
Thaddeus Jones Democrat Yea
Adam M. Niemerg Republican Yea
Jeff Keicher Republican Yea
Travis Weaver Republican Yea
William E Hauter Republican Yea

Official roll call →

Third Reading

Passed 58 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 34001
Unaffiliated 7000
Republican 17000
Total 58001
% of votes cast 98%0%0%2%
How each member voted (59)
Member Party Vote
Harris, N. — Yea
Simmons — Yea
Stoller — Yea
Toro — Yea
Bennett — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Yea
Gregg Johnson Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Not Voting
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Dan McConchie Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Third Reading

Passed 111 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Republican 36001
Democrat 61004
Unaffiliated 14002
Total 111007
% of votes cast 94%0%0%6%
How each member voted (118)
Member Party Vote
Caulkins — Yea
Frese — Yea
Yednock — Yea
Flowers — Not Voting
Nichols — Yea
Ortiz — Yea
Burke — Yea
Costa Howard — Yea
Du Buclet — Yea
Faver Dias — Yea
Hernandez, Lisa — Not Voting
Katz Muhl — Yea
La Ha — Yea
Ladisch Douglass — Yea
Williams, Jawaharial — Yea
Yang Rohr — Yea
Abdelnasser Rashid Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Not Voting
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Gregg Johnson Democrat Not Voting
Harry Benton Democrat Yea
Hoan Huynh Democrat Not Voting
Jaime M. Andrade, Jr. Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret Croke Democrat Yea
Mark L. Walker Democrat Yea
Martin J. Moylan Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Norma Hernandez Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Not Voting
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Yea
Amy Elik Republican Yea
Amy L. Grant Republican Yea
Blaine Wilhour Republican Yea
Brad Halbrook Republican Yea
Brad Stephens Republican Yea
Bradley Fritts Republican Yea
Brandun Schweizer Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Yea
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Yea
Dave Severin Republican Yea
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Yea
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Martin McLaughlin Republican Yea
Michael J. Coffey, Jr. Republican Yea
Norine K. Hammond Republican Yea
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Yea
Paul Jacobs Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Not Voting

Official roll call →

Insurance

Passed 10 Yea · 0 Nay · 5 Other
Party YeaNayPresentNot Voting
Democrat 5002
Republican 2002
Unaffiliated 3001
Total 10005
% of votes cast 67%0%0%33%
How each member voted (15)
Member Party Vote
Ladisch Douglass, Jenn — Yea
Katz Muhl — Yea
La Ha — Yea
Williams, Jawaharial — Not Voting
Anthony DeLuca Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Lilian Jiménez Democrat Not Voting
Margaret Croke Democrat Yea
Rita Mayfield Democrat Not Voting
Thaddeus Jones Democrat Yea
Adam M. Niemerg Republican Not Voting
Jeff Keicher Republican Yea
Travis Weaver Republican Not Voting
William E Hauter Republican Yea

Official roll call →

Subjects

finance health-insurance
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Frequently asked questions

What does HB 4588 do?
Amends the Regulatory Sunset Act. Removes a provision repealing the Risk Retention Companies Article of the Illinois Insurance Code on January 1, 2027. Effective immediately.
Who sponsors HB 4588?
HB 4588 is sponsored by Ann M. Williams (Democrat), Jay Hoffman (Democrat), Jaime M. Andrade, Jr. (Democrat), Brad Stephens (Republican), William "Will" Davis (Democrat), and Robert F. Martwick (Democrat).
What is the current status of HB 4588?
This bill has been enacted into law. Introduced January 26, 2024. Enacted.
Where can I track HB 4588?
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