Bill Text: IL SB1227 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Illinois Insurance Code. Provides that an insurer authorized to do business in the State may not use an individual's zip code in underwriting or rating insurance coverage, including the determination of premium rates.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced) 2023-03-10 - Rule 3-9(a) / Re-referred to Assignments [SB1227 Detail]

Download: Illinois-2023-SB1227-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB1227 Introduced 2/2/2023, by Sen. Willie Preston SYNOPSIS AS INTRODUCED:
215 ILCS 5/143.24e new
Amends the Illinois Insurance Code. Provides that an insurer authorized to do business in the State may not use an individual's zip code in underwriting or rating insurance coverage, including the determination of premium rates.
LRB103 27641 BMS 54017 b
A BILL FOR
SB1227 LRB103 27641 BMS 54017 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by
adding Section 143.24e as follows:
(215 ILCS 5/143.24e new)
Sec. 143.24e. Zip code prohibition. Notwithstanding any
other provision of law, an insurer authorized to do business
in this State may not use an individual's zip code in
underwriting or rating insurance coverage, including the
determination of premium rates.