Bill Amendment: IL HB4255 | 2015-2016 | 99th General Assembly

NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: INS CD-FIDELITY BONDS

Status: 2016-04-22 - Rule 19(a) / Re-referred to Rules Committee [HB4255 Detail]

Download: Illinois-2015-HB4255-House_Amendment_002.html

Rep. La Shawn K. Ford

Filed: 4/8/2016

09900HB4255ham002LRB099 13113 EGJ 47227 a
1
AMENDMENT TO HOUSE BILL 4255
2 AMENDMENT NO. ______. Amend House Bill 4255 by replacing
3everything after the enacting clause with the following:
4 "Section 5. The Illinois Insurance Code is amended by
5adding Section 143.35 as follows:
6 (215 ILCS 5/143.35 new)
7 Sec. 143.35. Fidelity bonds for individuals. An insurer
8that offers fidelity bonds may not be required to offer them to
9any individual. An insurer that offers fidelity bonds may set
10the scope of the bond for individuals with a record of arrest,
11conviction, or imprisonment, including the amount of the bond
12and the acts covered.".
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