<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2381         </title>
<shortdesc>INS-SUPPLIER DIVERSITY REPORT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Napoleon Harris, III</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>215 ILCS 5/155.49 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Insurance Code. Requires every insurance company authorized to do business in this State or accredited by this State with assets of at least $50,000,000 to submit an annual report on its voluntary supplier diversity program to the Department of Insurance. Sets forth provisions on what the report must include and how and when the report must be submitted. Provides that, for each report, the Department shall publish the results on its Internet website for 5 years after submission. Requires the Department to hold an annual insurance company supplier diversity workshop in February of 2024 and every February thereafter to discuss the reports with representatives of the insurance companies and vendors. Provides that the Department shall prepare a template for voluntary supplier diversity reports. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Napoleon Harris, III</action>
<statusdate>2/10/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/10/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/28/2023</statusdate><chamber>Senate</chamber><action>Assigned to Insurance</action>
<statusdate>3/8/2023</statusdate><chamber>Senate</chamber><action>Do Pass Insurance;  010-000-000</action>
<statusdate>3/8/2023</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 9, 2023</action>
<statusdate>3/22/2023</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/22/2023</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 23, 2023</action>
<statusdate>3/31/2023</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

