ILLINOIS STAMPING FEE INCREASE EFFECTIVE 1/1/2015

Illinois Stamping Fee Increase Effective January 1, 2015

For Illinois surplus line policies effective January 1, 2015 and later, the stamping fee will be 0.2% (two tenths of one percent) rounded to the nearest whole dollar.

This rate will apply to policies effective on or after January 1, 2015 and to any endorsements to those policies.

For policies effective prior to January 1, 2015 (and any endorsements to such policies) the current stamping fee of 0.1% will apply – regardless of when they are filed.

As with the taxes, in Illinois the stamping fee is always rounded to the nearest whole dollar.