IL SB1328 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 3-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Insurance Code. Provides that no domestic insurer shall acquire any investment respecting a foreign jurisdiction, or any investment denominated in the currency of that foreign jurisdiction, if that jurisdiction is designated as a state sponsor of terrorism by the United States Secretary of State pursuant to the federal Export Administration Act, Arms Export Control Act, and Foreign Assistance Act.
Title
INS CD-PROHIBITED INVESTMENT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | Senate | Session Sine Die |
| 2011-03-18 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2011-03-10 | Senate | Added as Chief Co-Sponsor Sen. Michael W. Frerichs |
| 2011-03-08 | Senate | Added as Chief Co-Sponsor Sen. Ira I. Silverstein |
| 2011-02-23 | Senate | Assigned to Insurance |
| 2011-02-08 | Senate | Referred to Assignments |
| 2011-02-08 | Senate | First Reading |
| 2011-02-08 | Senate | Filed with Secretary by Sen. Jeffrey M. Schoenberg |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 215 | 5 | 126.3 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1328&GAID=11&DocTypeID=SB&SessionID=84&GA=97 |
| Text | https://www.ilga.gov/legislation/97/SB/09700SB1328.htm |
