Illinois House Bill 4141 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Insurance Code to set forth provisions concerning insurance consulting. Provides that the relationship between an insurance consultant and the person or public entity that retains the insurance consultant is a fiduciary relationship. Provides that an insurance producer, limited lines producer, or temporary insurance producer shall be prohibited from selling, soliciting, or negotiating insurance or limited lines insurance if the producer, an employee or contractor of the producer, or the producer's employer has been an insurance consultant for the purchaser or prospective purchaser within the previous 5 years concerning the insurance or limited lines insurance being sold, solicited, or negotiated. Sets forth provisions concerning violations. Provides that any knowing violation of the provisions concerning insurance consulting constitutes a violation of the Consumer Fraud and Deceptive Business Practices Act and amends that Act to make a corresponding change. Amends the Illinois Health Benefits Exchange Law. Sets forth definitions. Establishes the Illinois Health Benefits Exchange as a political subdivision, body politic, and corporate and not as a State agency. Makes changes to the provision concerning Exchange functions. Sets forth provisions concerning the Health Benefits Exchange Board's powers and authorities, Exchange governance, the Exchange Legislative Oversight Committee, and enrollment through brokers and agents and producer compensation. Establishes the Illinois Health Benefit Exchange Fund as a special fund outside of the State treasury and amends the State Finance Act to create the Fund. Repeals provisions concerning the Illinois Health Benefits Exchange Legislative Study Committee and the Committee's study. Contains a severability provision. Effective immediately.

INS CONSULT-HLTH BENEFITS EXCH

Rep. Frank Mautino [D]

Rep. Monique Davis [D]

Date	Chamber	Action
2013-01-08	House	Session Sine Die
2012-03-26	House	Added Chief Co-Sponsor Rep. Monique D. Davis
2012-03-09	House	Rule 19(a) / Re-referred to Rules Committee
2012-03-06	House	Motion to Suspend Rule 25 - Prevailed by Voice Vote
2012-03-06	House	Motion Filed to Suspend Rule 25 Executive Committee; Rep. Barbara Flynn Currie
2012-02-07	House	Assigned to Executive Committee
2012-01-30	House	Referred to Rules Committee
2012-01-30	House	First Reading
2012-01-26	House	Filed with the Clerk by Rep. Frank J. Mautino

Chapter	Article	Section	Citation Type	Statute Text
215	122	5-10	Amended Code	Citation Text
215	122	5-11	New Code	See Bill Text
215	122	5-12	New Code	See Bill Text
215	122	5-14	New Code	See Bill Text
215	122	5-15	Repealed Code	Citation Text
215	122	5-17	New Code	See Bill Text
215	122	5-18	New Code	See Bill Text
215	122	5-20	Repealed Code	Citation Text
215	122	5-4	New Code	See Bill Text
215	122	5-5	Amended Code	Citation Text
215	5	500-123	New Code	See Bill Text
30	105	5.811	New Code	See Bill Text
815	505	2Z	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4141&GAID=11&DocTypeID=HB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/HB/09700HB4141.htm