IL HB2405 | 2021-2022 | 102nd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on August 16 2021 - 100% progression
Action: 2021-08-16 - Public Act . . . . . . . . . 102-0396
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Illinois Insurance Code. Authorizes the Illinois Insurance Guaranty Fund, at the direction of its board of directors and subject to the approval of the Director of Insurance, to form and own a not-for-profit corporation to which the Fund may delegate certain of its powers and duties provided by the Code. Allows the not-for-profit corporation to contract to provide services to the Office of Special Deputy Receiver or any other person or organization authorized by law to carry out the duties of the Director in the capacity of receiver under specified provisions of the Code, the Illinois Life and Health Insurance Guaranty Association, an organizations in another state similar to the Illinois Insurance Guaranty Fund or the Illinois Life and Health Insurance Guaranty Association. Effective immediately.

Tracking Information

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Title

INSURANCE GUARANTY FUND

Sponsors


Roll Calls

2021-05-27 - Senate - Motion in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2021-04-21 - House - Third Reading in House (Y: 117 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-08-16HousePublic Act . . . . . . . . . 102-0396
2021-08-16HouseEffective Date August 16, 2021
2021-08-16HouseGovernor Approved
2021-06-23HouseSent to the Governor
2021-05-27HousePassed Both Houses
2021-05-27SenateThird Reading - Passed; 057-000-000
2021-05-24SenatePlaced on Calendar Order of 3rd Reading ** May 25, 2021
2021-05-06SenatePlaced on Calendar Order of 3rd Reading May 10, 2021
2021-05-06SenateSecond Reading
2021-05-04SenatePlaced on Calendar Order of 2nd Reading May 5, 2021
2021-05-04SenateApproved for Consideration Assignments
2021-04-27SenateReferred to Assignments
2021-04-27SenateFirst Reading
2021-04-27SenateChief Senate Sponsor Sen. Napoleon Harris, III
2021-04-21SenatePlaced on Calendar Order of First Reading April 22, 2021
2021-04-21SenateArrive in Senate
2021-04-21HouseThird Reading - Consent Calendar - Passed 117-000-000
2021-04-16HouseThird Reading - Consent Calendar - First Day
2021-04-14HousePlaced on Calendar Order of 3rd Reading - Consent Calendar
2021-04-14HouseHeld on Calendar Order of Second Reading - Consent Calendar
2021-04-14HouseSecond Reading - Consent Calendar
2021-04-08HousePlaced on Calendar 2nd Reading - Consent Calendar
2021-03-25HouseDo Pass as Amended / Consent Calendar Insurance Committee; 018-000-000
2021-03-25HouseHouse Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
2021-03-23HouseHouse Committee Amendment No. 1 Rules Refers to Insurance Committee
2021-03-22HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2021-03-22HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
2021-03-09HouseAssigned to Insurance Committee
2021-02-17HouseReferred to Rules Committee
2021-02-17HouseFirst Reading
2021-02-17HouseFiled with the Clerk by Rep. Jay Hoffman

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155532Amended CodeCitation Text
2155537.9Amended CodeCitation Text
2155538Amended CodeCitation Text
2155538.10New CodeSee Bill Text
2155538.2Amended CodeCitation Text
2155538.7Amended CodeCitation Text

Illinois State Sources


Bill Comments

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