Illinois HB 5557: ESTATE TRANSFER TAXES-TECH

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 Full Text of HB5557

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB5557

Introduced 2/13/2026, by Rep. Maura Hirschauer 

SYNOPSIS AS INTRODUCED:

215 ILCS 5/355.8 new

 Amends the Illinois Insurance Code. Contains findings. Requires each health carrier to annually submit completed templates with both plan-level and carrier-level data to the Director of Insurance in the form, manner, and time prescribed by the Director by no later than July 1 of each year for data from the previous calendar year. Provides that data must be sufficient to support independent technical evaluation and to enable meaningful public understanding of access to and coverage for each facility type and specified professional provider type. Requires each health carrier to report, disaggregated by facility type, professional provider type, youth, adult, in-person, and telehealth, the specified data elements. Requires the Director to post, in an easily accessible, consumer-friendly manner, on a public website, all underlying data and data files reported no later than 3 months after receipt. Sets forth provisions concerning certification of health carriers and administration and enforcement of the provisions. Provides that the data submission requirements apply to health benefit plans issued or renewed on or after January 1, 2027. Effective immediately. 

LRB104 20200 BAB 33651 b

A BILL FOR

HB5557LRB104 20200 BAB 33651 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 1. This Act may be referred to as the Truth in 

5Mental Health Coverage Act.

6 Section 2. Findings. The General Assembly finds that:

7 (1) Analyses by Milliman (2017, 2019) and RTI 

8 International (2024) demons