Illinois 2023-2024 Regular Session

Illinois House Bill HB3066

Introduced
2/16/23  
Refer
2/17/23  
Introduced
2/16/23  

Caption

REGULATION-TECH

Impact

The impact of HB3066 is expected to be minimal in terms of altering substantive insurance regulations or affecting existing policies. Instead, it serves a procedural purpose to refine the language of state law. By addressing technical discrepancies, the bill facilitates easier navigation of the Illinois Insurance Code for legal practitioners, policymakers, and the public alike. It is part of a broader effort to maintain the integrity and readability of legal statutes, which is crucial for effective governance and regulatory compliance.

Summary

House Bill 3066, introduced by Rep. Camille Y. Lilly, focuses on making a technical change to the Illinois Insurance Code. Specifically, it amends Section 1 to clarify the short title of the Act. The bill is primarily aimed at streamlining legislation surrounding insurance regulations, ensuring that the law remains clear and consistent in its application. Such amendments are important for legal clarity and can help to avoid potential ambiguities or misinterpretations of the existing law.

Contention

As a technical amendment, there appears to be limited contention around HB3066. It is designed to enhance clarity rather than introduce new provisions or regulations that might provoke debate. However, technical changes in insurance law may sometimes raise concerns among industry stakeholders about the implications of wording changes, even if substantive terms are not altered. Therefore, while opposition may not be anticipated explicitly for this bill, stakeholders might still scrutinize the exact language of the amendments.

Notable_points

Overall, HB3066 represents an effort to keep legislative language aligned with contemporary practices and interpretations of the law. By doing so, the bill contributes to the ongoing maintenance and modernization of the Illinois Insurance Code. The bill highlights the importance of legislative housekeeping in ensuring that state laws remain effective and relevant.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.