Illinois HB 2422: OWNER-CONTROLLED INS PROGRAM

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB2422

Introduced 2/4/2025, by Rep. Diane Blair-Sherlock 

SYNOPSIS AS INTRODUCED:

215 ILCS 5/Art. XLVIII heading new

215 ILCS 5/1800 new

215 ILCS 5/1805 new

215 ILCS 5/1810 new

215 ILCS 5/1815 new

 Amends the Illinois Insurance Code. Sets forth findings and definitions. Provides that the Department of Insurance is authorized to enter into a contract with a private insurance broker to establish an Owner-Controlled Insurance Program. Provides that the Owner-Controlled Insurance Program shall provide specified forms of insurance, if applicable, to construction contractors for the purpose of satisfying requirements to contract with a construction agency. Requires the Department to comply with the Illinois Procurement Code when procuring a contract for an Owner-Controlled Insurance Program. Provides that a contract between the Department and an insurance broker for the provision of an Owner-Controlled Insurance Program shall not exceed 5 years in duration. Provides that all tiers of construction contractors shall be eligible to obtain any form of insurance required to contract with a construction agency for the purposes of satisfying the insurance obligations necessary to execute a construction contract for a construction agency. Effective immediately.

LRB104 10139 BAB 20211 b

A BILL FOR

HB2422LRB104 10139 BAB 20211 b

1 AN ACT concerning regulation.

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

3represented in the General Assembly:

4 Section 5. The Illinois Insurance Code is amended by 

5adding Article XLVIII as follows:

6 (215 ILCS 5/Art. XLVIII heading new)

7ARTICLE XLVIII. OWNER-CONTROLLED INSURANCE PROGRAM

8 (215 ILCS 5/1800 new)

9 Sec. 1800. Find