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 Bill Status of SB2623  100th General Assembly


Short Description:  INS CODE-SUPPLIER DIVERSITY

Senate Sponsors
Sen. James F. Clayborne, Jr., Cristina Castro and Omar Aquino

Last Action
DateChamber Action
  5/15/2018SenateRe-assigned to Insurance

Statutes Amended In Order of Appearance
215 ILCS 5/155.46 new


Synopsis As Introduced
Amends the Illinois Insurance Code. Requires every insurance company authorized to do business in this State or accredited by this State with assets of at least $100,000,000 to submit an annual report on its voluntary supplier diversity program to the Department of Insurance. Sets forth provisions on what the report must include and how and when the report must be submitted. Provides that, for each report, the Department shall publish the results on its Internet website for 5 years after submission. Requires the Department to hold an annual insurance company supplier diversity workshop in February of 2019 and every February thereafter to discuss the reports with representatives of the insurance companies and vendors. Provides that the Department shall prepare a template for voluntary supplier diversity reports. Effective immediately.

Actions 
DateChamber Action
  2/8/2018SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/8/2018SenateFirst Reading
  2/8/2018SenateReferred to Assignments
  2/14/2018SenateAssigned to Insurance
  4/11/2018SenateAdded as Co-Sponsor Sen. Cristina Castro
  4/13/2018SenateRule 2-10 Committee Deadline Established As April 27, 2018
  4/17/2018SenateAdded as Co-Sponsor Sen. Omar Aquino
  4/27/2018SenateRule 2-10 Committee/3rd Reading Deadline Established As May 3, 2018
  5/3/2018SenateRule 3-9(a) / Re-referred to Assignments
  5/11/2018SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2018
  5/15/2018SenateRe-assigned to Insurance

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