IL SB2944 | 2015-2016 | 99th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on July 8 2016 - 100% progression
Action: 2016-07-08 - Public Act . . . . . . . . . 99-0542
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Insurance Code. Includes within the definition of "company action level event" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

INS CD-COMPANY ACTION LEVEL

Sponsors


Roll Calls

2016-05-23 - House - Third Reading in House (Y: 113 N: 0 NV: 0 Abs: 0) [PASS]
2016-04-21 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2016-07-08SenatePublic Act . . . . . . . . . 99-0542
2016-07-08SenateEffective Date July 8, 2016
2016-07-08SenateGovernor Approved
2016-06-21SenateSent to the Governor
2016-05-23SenatePassed Both Houses
2016-05-23HouseThird Reading - Short Debate - Passed 113-000-000
2016-05-18HousePlaced on Calendar Order of 3rd Reading - Short Debate
2016-05-18HouseSecond Reading - Short Debate
2016-05-11HousePlaced on Calendar 2nd Reading - Short Debate
2016-05-10HouseDo Pass / Short Debate Insurance Committee; 019-000-000
2016-05-02HouseAssigned to Insurance Committee
2016-04-21HouseReferred to Rules Committee
2016-04-21HouseFirst Reading
2016-04-21HouseChief House Sponsor Rep. Dan Brady
2016-04-21HouseArrived in House
2016-04-21SenateThird Reading - Passed; 055-000-000
2016-04-20SenatePlaced on Calendar Order of 3rd Reading April 21, 2016
2016-04-20SenateSecond Reading
2016-04-06SenatePlaced on Calendar Order of 2nd Reading April 7, 2016
2016-04-06SenateDo Pass Insurance; 011-000-000
2016-03-02SenateAssigned to Insurance
2016-02-18SenateReferred to Assignments
2016-02-18SenateFirst Reading
2016-02-18SenateFiled with Secretary by Sen. Matt Murphy

Code Citations

ChapterArticleSectionCitation TypeStatute Text
215535A-15Amended CodeCitation Text

Illinois State Sources


Bill Comments

feedback