Bill > HB0043

This bill establishes the Task Force on Firearm Insurance, a temporary advisory group designed to comprehensively review and analyze insurance policies related to firearm ownership in Illinois. The Task Force will consist of 10 members, including four state legislators (one from each party in both the House and Senate), two commercial insurance industry representatives, two experts on firearm-related injuries and deaths, representatives from the Illinois State Police, Department of Insurance, Department of Public Health, and two firearm advocacy group representatives. The group's primary responsibilities include reviewing existing and potential future insurance options for firearm owners, analyzing the costs and impacts of different policy approaches, and providing recommendations on the feasibility of requiring firearm owners to possess insurance. Members will serve without compensation and must be Illinois residents. The Task Force is required to submit a report of its findings and recommendations to the Governor and General Assembly by December 31, 2026, after which it will be dissolved on January 1, 2027. The Department of Insurance will provide administrative support to the Task Force, and the group will collaborate with various stakeholders including insurance companies, community organizations, and state agencies to develop comprehensive policy options.