IL HB0982 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on June 28 2013 - 100% progression
Action: 2013-06-28 - Public Act . . . . . . . . . 98-0039
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Illinois Insurance Code in the provision concerning factors to which domestic companies are subject with regard to establishing one or more separate accounts and allocating thereto amounts to provide for life, annuity, or accident and health insurance. Provides that the assets of any separate account equal to the reserves and other contract liabilities with respect to the account may not be charged with liabilities arising out of any other business the company may conduct, unless the separate account is subject to guarantees (now, any other business the company may conduct). Effective immediately.

Tracking Information

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Title

INS CD-SEPARATE ACCOUNTS

Sponsors


Roll Calls

2013-05-09 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2013-03-14 - House - Third Reading in House (Y: 117 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-06-28HousePublic Act . . . . . . . . . 98-0039
2013-06-28HouseEffective Date June 28, 2013
2013-06-28HouseGovernor Approved
2013-06-07HouseSent to the Governor
2013-05-09HousePassed Both Houses
2013-05-09SenateThird Reading - Passed; 055-000-000
2013-05-07SenateAdded as Alternate Chief Co-Sponsor Sen. Christine Radogno
2013-04-24SenatePlaced on Calendar Order of 3rd Reading April 25, 2013
2013-04-24SenateSecond Reading
2013-04-11SenatePlaced on Calendar Order of 2nd Reading April 12, 2013
2013-04-11SenateDo Pass Insurance; 011-000-000
2013-04-03SenateAssigned to Insurance
2013-03-19SenateReferred to Assignments
2013-03-19SenateFirst Reading
2013-03-18SenateChief Senate Sponsor Sen. William R. Haine
2013-03-15SenatePlaced on Calendar Order of First Reading March 19, 2013
2013-03-15SenateArrive in Senate
2013-03-14HouseThird Reading - Short Debate - Passed 117-000-000
2013-03-12HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-03-12HouseSecond Reading - Short Debate
2013-03-06HousePlaced on Calendar 2nd Reading - Short Debate
2013-03-05HouseDo Pass as Amended / Short Debate Insurance Committee; 024-000-000
2013-03-05HouseHouse Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
2013-02-26HouseAdded Chief Co-Sponsor Rep. Monique D. Davis
2013-02-26HouseHouse Committee Amendment No. 1 Rules Refers to Insurance Committee
2013-02-25HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2013-02-25HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino
2013-02-21HouseAdded Chief Co-Sponsor Rep. JoAnn D. Osmond
2013-02-13HouseAssigned to Insurance Committee
2013-01-29HouseReferred to Rules Committee
2013-01-29HouseFirst Reading
2013-01-28HouseFiled with the Clerk by Rep. Frank J. Mautino

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155245.21Amended CodeCitation Text

Illinois State Sources


Bill Comments

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