Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

30 ILCS 105/5.595 new

30 ILCS 330/2

from Ch. 127, par. 652

30 ILCS 330/7.7 new

Synopsis As Introduced
Creates the Secured Health Care Assistance Retiree Exemption (SHARE) Act. Establishes the Secured Health Care Assistance Retiree Program to provide group health plans for eligible retirees. Defines "eligible retirees" as a resident of this State who is a retiree of a company that paid health care benefits that were established by contract or by a collective bargaining agreement and that have expired due to the bankruptcy of the company. Creates the Secured Health Care Assistance Retiree Board to implement the program. Amends the State Finance Act. Creates the Secured Health Care Assistance Retiree Trust Fund. Amends the General Obligation Bond Act. Authorizes the issuance of $225,000,000 in bonds to be used to fund the Secured Health Care Assistance Retiree Trust Fund, which Fund shall be used as provided in the Secured Health Care Assistance Retiree Exemption (SHARE) Act.

Actions 

Date	Chamber	Action
2/27/2003	House	Filed with the Clerk by Rep. Steve Davis
2/27/2003	House	First Reading
2/27/2003	House	Referred to Rules Committee
2/28/2003	House	Assigned to Executive Committee
3/13/2003	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2005	House	Session Sine Die

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