IL SB3322 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on August 15 2014 - 100% progression
Action: 2014-08-15 - Public Act . . . . . . . . . 98-0969
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Intergovernmental Cooperation Act. Makes changes in the provision concerning joint self-insurance. Provides that any statement of actuarial opinion, as defined in the Code of Professional Conduct of the American Academy of Actuaries (the Academy), must be prepared by an actuary who satisfies the qualification standards set forth by the Academy to issue the opinion in the particular area of actuarial practice. Amends the Illinois Insurance Code. In provisions concerning deposits of securities, deletes certain references to provisions of the Code concerning rated credit instruments. Makes changes in the provisions concerning the kinds of reinsurance agreements that shall not be entered into by any domestic company unless such agreements are approved in writing by the Director of Insurance and the assignability of life insurance. Repeals the Insurance Exchange, Assessment Legal Reserve Life Companies, Mutual Benefit Associations, and Small Employer Group Health Insurance Law Articles of the Code. Repeals provisions concerning the committee to create a uniform small employer group-health status questionnaire and individual health statement and accident and health expense reporting.

Tracking Information

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Title

INS CD-DOI-DEPOSIT-SECURITY

Sponsors


Roll Calls

2014-05-21 - House - Third Reading in House (Y: 114 N: 0 NV: 2 Abs: 0) [PASS]
2014-04-07 - Senate - Third Reading in Senate (Y: 48 N: 0 NV: 11 Abs: 0) [PASS]

History

DateChamberAction
2014-08-15SenatePublic Act . . . . . . . . . 98-0969
2014-08-15SenateEffective Date January 1, 2015
2014-08-15SenateGovernor Approved
2014-06-19SenateSent to the Governor
2014-05-21SenatePassed Both Houses
2014-05-21HouseThird Reading - Short Debate - Passed 114-000-000
2014-05-13HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
2014-05-13HousePlaced on Calendar Order of 3rd Reading - Short Debate
2014-05-13HouseSecond Reading - Short Debate
2014-05-07HousePlaced on Calendar 2nd Reading - Short Debate
2014-05-06HouseDo Pass / Short Debate Insurance Committee; 023-000-000
2014-04-28HouseAssigned to Insurance Committee
2014-04-07HouseReferred to Rules Committee
2014-04-07HouseFirst Reading
2014-04-07HouseChief House Sponsor Rep. Frank J. Mautino
2014-04-07HouseArrived in House
2014-04-07SenateThird Reading - Passed; 048-000-000
2014-04-03SenatePlaced on Calendar Order of 3rd Reading April 7, 2014
2014-04-03SenateSecond Reading
2014-03-21SenatePlaced on Calendar Order of 2nd Reading March 25, 2014
2014-03-21SenateDo Pass as Amended Insurance; 008-000-000
2014-03-20SenateSenate Committee Amendment No. 2 Adopted
2014-03-20SenateSenate Committee Amendment No. 1 Adopted
2014-03-20SenateSenate Committee Amendment No. 2 Assignments Refers to Insurance
2014-03-20SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
2014-03-13SenateSenate Committee Amendment No. 2 Referred to Assignments
2014-03-13SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. William R. Haine
2014-03-05SenateSenate Committee Amendment No. 1 Referred to Assignments
2014-03-05SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
2014-02-25SenateAssigned to Insurance
2014-02-14SenateReferred to Assignments
2014-02-14SenateFirst Reading
2014-02-14SenateFiled with Secretary by Sen. William R. Haine

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155155.39Repealed CodeCitation Text
2155174Amended CodeCitation Text
2155178Repealed CodeCitation Text
2155245.1Amended CodeCitation Text
215526Amended CodeCitation Text
2155359bRepealed CodeCitation Text
2155359cRepealed CodeCitation Text
215553Amended CodeCitation Text
2155Art. V.5Repealed CodeCitation Text
2155Art. XIXBRepealed CodeCitation Text
2155Art. XVIRepealed CodeCitation Text
2155Art. XVIIIRepealed CodeCitation Text
52206Amended CodeCitation Text

Illinois State Sources


Bill Comments

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