Illinois SB 2794: FINANCE-BRIDGE FUND

Status: Rule 3-9(a) / Re-referred to Assignments (as of 2026-05-22)

State: Illinois · Session: 104th · Bill: SB 2794

Sponsors: Laura Fine

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 Illinois General Assembly - Full Text of SB2794 

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 Full Text of SB2794

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB2794

Introduced 1/13/2026___________, by 

SYNOPSIS AS INTRODUCED:

20 ILCS 1405/1405-52 new

20 ILCS 3005/10

5 ILCS 100/5-45.71 new

 Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Provides that the Department of Insurance shall establish and administer a State subsidy program to offset some, if not all, of the costs associated with the expiration of the enhanced federal tax credits that subsidize health insurance premiums. Amends the Governor's Office of Management and Budget Act. Provides that the Governor shall direct the State Comptroller and the State Treasurer to set aside the sum of $75,000,000 from the Budget Reserve for Immediate Disbursements and Governmental Emergencies (BRIDGE) Fund to fund that program. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.

LRB104 17549 HLH 30977 b

A BILL FOR

SB2794LRB104 17549 HLH 30977 b

1 AN ACT concerning finance.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Department of Insurance Law of the Civil 

5Administrative Code of Illinois is amended by adding Section 

61405-52 as follows:

7 (20 ILCS 1405/1405-52 new)

8 Sec. 1405-52. State subsidy program for health insurance 

9premiums. The Department shall establish and administer a 

10State subsidy program to offset some, if not all, of the costs 

11associated with the expiration of the enhanced federal tax 

12credits that subsidize health insurance premiums. The 

13Department shall adopt any rules deemed necessary to implement 

14this Section. In order to provide for the expeditious and 

15timely imple

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