Date	Chamber	Action
1/7/2025	House	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 155/3

from Ch. 73, par. 1403

215 ILCS 155/5

from Ch. 73, par. 1405

215 ILCS 155/16

from Ch. 73, par. 1416

215 ILCS 155/16.2 new

Synopsis As Introduced
Amends the Title Insurance Act. Provides for the licensure of title insurance agents (instead of registration of title insurance agents by title insurance companies). Makes changes in the definition of "financial interest". Defines "core title agent services". Sets forth requirements for licensure, including examination and educational requirements. Sets forth exemptions from the examination and educational requirements. Provides that it is unlawful for any person, firm, partnership, association, corporation, or other legal entity to act as or hold itself out to be a title insurance agent unless first procuring from the Secretary a license. Provides that no person, firm, association, partnership, or corporation may operate as a pre-licensing or continuing education provider or administer examinations unless the provider holds a certification issued by the Department of Financial and Professional Regulation. Sets forth provisions concerning the Department's approval of applications for a certificate. Makes other changes. Effective immediately.

Actions 

Date	Chamber	Action
2/7/2024	House	Filed with the Clerk by Rep. Terra Costa Howard
2/7/2024	House	First Reading
2/7/2024	House	Referred to Rules Committee
2/28/2024	House	Assigned to Insurance Committee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee
1/7/2025	House	Session Sine Die

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