IL SB0215 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Title Insurance Act. Provides for enforcement of the Act by the Department of Insurance (rather than the Department of Financial and Professional Regulation). Provides that all powers, duties, rights, and responsibilities of the Department of Financial and Professional Regulation and the Secretary of Financial and Professional Regulation under the Act are transferred to the Department of Insurance and Director of Insurance, respectively. Provides for the transfer of books, records, papers, documents, property, contracts, causes of action, pending business, and certain funds from the Department of Financial and Professional Regulation to the Department of Insurance. Provides that rules and proposed rules by the Department of Financial and Professional Regulation under the Act shall become rules and proposed rules of the Department of Insurance. Provides that all moneys received by the Department of Insurance under the Act shall be deposited into the Insurance Financial Regulation Fund (rather than the Financial Institution Fund). Makes conforming and grammatical changes throughout the Act and in the State Finance Act.

Tracking Information

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Title

DEPT OF INS-TITLE INSURANCE

Sponsors


History

DateChamberAction
2021-01-13SenateSession Sine Die
2020-02-25SenateChief Sponsor Changed to Sen. Rachelle Crowe
2020-01-20SenateChief Sponsor Changed to Sen. Don Harmon
2019-06-21SenateChief Sponsor Changed to Sen. John J. Cullerton
2019-03-28SenateRule 3-9(a) / Re-referred to Assignments
2019-03-28SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2019-03-22SenateRule 2-10 Committee Deadline Established As March 28, 2019
2019-03-05SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary
2019-02-26SenateSenate Committee Amendment No. 1 Referred to Assignments
2019-02-26SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
2019-02-20SenatePostponed - Judiciary
2019-02-13SenateAssigned to Judiciary
2019-01-31SenateReferred to Assignments
2019-01-31SenateFirst Reading
2019-01-31SenateFiled with Secretary by Sen. John G. Mulroe

Code Citations

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2151553.5New CodeSee Bill Text
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301056z-26Amended CodeCitation Text

Illinois State Sources


Bill Comments

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