Bill Title: 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2016-07-08 - Public Act . . . . . . . . . 99-0542 [SB2944 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Matt Murphy [R]	Primary	Sponsored Bills	SD-027	FollowTheMoney	Ballotpedia	VoteSmart
Representative Dan Brady [R]	Primary	Sponsored Bills	HD-105	FollowTheMoney	Ballotpedia	VoteSmart

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