IL HB0982 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on June 28 2013 - 100% progression
Action: 2013-06-28 - Public Act . . . . . . . . . 98-0039
Text: Latest bill text (Chaptered) [HTML]
Sponsorship: 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.
Title
INS CD-SEPARATE ACCOUNTS
Sponsors
| Rep. Frank Mautino [D] | Rep. JoAnn Osmond [R] | Rep. Monique Davis [D] | Sen. William Haine [D] |
| Sen. Christine Radogno [R] |
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]
2013-03-14 - House - Third Reading in House (Y: 117 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2013-06-28 | House | Public Act . . . . . . . . . 98-0039 |
| 2013-06-28 | House | Effective Date June 28, 2013 |
| 2013-06-28 | House | Governor Approved |
| 2013-06-07 | House | Sent to the Governor |
| 2013-05-09 | House | Passed Both Houses |
| 2013-05-09 | Senate | Third Reading - Passed; 055-000-000 |
| 2013-05-07 | Senate | Added as Alternate Chief Co-Sponsor Sen. Christine Radogno |
| 2013-04-24 | Senate | Placed on Calendar Order of 3rd Reading April 25, 2013 |
| 2013-04-24 | Senate | Second Reading |
| 2013-04-11 | Senate | Placed on Calendar Order of 2nd Reading April 12, 2013 |
| 2013-04-11 | Senate | Do Pass Insurance; 011-000-000 |
| 2013-04-03 | Senate | Assigned to Insurance |
| 2013-03-19 | Senate | Referred to Assignments |
| 2013-03-19 | Senate | First Reading |
| 2013-03-18 | Senate | Chief Senate Sponsor Sen. William R. Haine |
| 2013-03-15 | Senate | Placed on Calendar Order of First Reading March 19, 2013 |
| 2013-03-15 | Senate | Arrive in Senate |
| 2013-03-14 | House | Third Reading - Short Debate - Passed 117-000-000 |
| 2013-03-12 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2013-03-12 | House | Second Reading - Short Debate |
| 2013-03-06 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2013-03-05 | House | Do Pass as Amended / Short Debate Insurance Committee; 024-000-000 |
| 2013-03-05 | House | House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote |
| 2013-02-26 | House | Added Chief Co-Sponsor Rep. Monique D. Davis |
| 2013-02-26 | House | House Committee Amendment No. 1 Rules Refers to Insurance Committee |
| 2013-02-25 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2013-02-25 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino |
| 2013-02-21 | House | Added Chief Co-Sponsor Rep. JoAnn D. Osmond |
| 2013-02-13 | House | Assigned to Insurance Committee |
| 2013-01-29 | House | Referred to Rules Committee |
| 2013-01-29 | House | First Reading |
| 2013-01-28 | House | Filed with the Clerk by Rep. Frank J. Mautino |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 215 | 5 | 245.21 | Amended Code | Citation Text |
