IL SJR0014

Urges Illinois Congressional Delegation to support passage and implementation of another round of federal economic relief similar to the CARES Act to fund the Payment Protection Program and provide additional aid to state governments for small business grants.

Requests federal action to create a broad-based solution addressing pandemic risk for Illinois businesses, recognizing that pandemic-related business interruption losses far exceed private insurance industry capacity.

References recommendations from the Business Interruption Insurance Task Force, which included representatives from insurance industry associations, the Illinois General Assembly, and the Department of Insurance.

Commits Illinois legislature to urging congressional delegation to protect and educate business consumers while creating conditions for a robust pandemic risk insurance solution to emerge in the state.

Directs distribution of resolution copies to the President, U.S. Senate leadership, U.S. House leadership, and all members of the Illinois Congressional Delegation.