Illinois HB5641 allocates funds from various state funds to the Department of Insurance for fiscal year 2026.
Illinois HB5641 makes appropriations for the ordinary and contingent expenses of the Department of Insurance for fiscal year 2026. Funds are allocated from various state funds, including the Insurance Producer Administration Fund, Insurance Financial Regulation Fund, Public Pension Regulation Fund Exchange Fund, and Prescription Drug Affordability Fund. These funds support various operations and initiatives, such as the Health Care Protection Act, title insurance regulation, parity compliance advocacy, and the Illinois Health Benefits Exchange. The act takes effect on July 1, 2026.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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