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IL SB2794
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Laura Fine
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AI Summary
- Department of Insurance required to establish and administer a State subsidy program to offset costs from the expiration of enhanced federal tax credits that subsidize health insurance premiums
- $75,000,000 to be set aside from the Budget Reserve for Immediate Disbursements and Governmental Emergencies (BRIDGE) Fund to finance the subsidy program
- Department of Insurance authorized to adopt emergency rules for expeditious implementation of the program
- Emergency rulemaking authority expires one year after the Act's effective date
- Act takes effect immediately upon becoming law
Legislative Description
FINANCE-BRIDGE FUND
Last Action
Rule 2-10 Committee Deadline Established As April 24, 2026
3/13/2026
Committee Referrals
Appropriations - Health and Human Services2/3/2026
Assignments1/13/2026
Full Bill Text
No bill text available