Bill Text: IL HB4508 | 2021-2022 | 102nd General Assembly | Introduced

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Bill Title: Amends the Workers' Compensation Act. Makes a technical change to a Section concerning the Self-Insurers Advisory Board.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2022-01-21 - Referred to Rules Committee [HB4508 Detail]

Download: Illinois-2021-HB4508-Introduced.html

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102ND GENERAL ASSEMBLY State of Illinois 2021 and 2022 HB4508 Introduced , by Rep. Jay Hoffman SYNOPSIS AS INTRODUCED:
820 ILCS 305/4a-1 from Ch. 48, par. 138.4a-1
Amends the Workers' Compensation Act. Makes a technical change to a Section concerning the Self-Insurers Advisory Board.
LRB102 24908 SPS 34159 b
A BILL FOR
HB4508 LRB102 24908 SPS 34159 b
AN ACT concerning employment.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Workers' Compensation Act is amended by
changing Section 4a-1 as follows:
(820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
Sec. 4a-1. The The Self-Insurers Advisory Board is hereby
established within the Commission for the purpose of providing
for the continuation of workers' compensation and occupational
disease benefits due and unpaid or interrupted due to the
inability of an insolvent self-insurer as defined in
subsection (d) of Section 4a-2 to meet its compensation
obligations when the employers' financial resources, security
deposit, guaranty agreements, surety agreements and excess
insurance are either inadequate or not immediately accessible
for the payment of benefits, and to review and recommend to the
Chairman of the Commission the disposition of all initial and
renewal applications to self-insure filed by private
self-insurers under this Act and the Workers' Occupational
Diseases Act.
(Source: P.A. 85-1385.)