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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5472
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
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820 ILCS 305/4a-1 |
from Ch. 48, par. 138.4a-1 |
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Amends the Workers' Compensation Act. Makes a technical change to a Section
concerning the Self-Insurers Advisory Board.
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A BILL FOR
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HB5472 |
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LRB093 17199 WGH 42865 b |
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| AN ACT in relation to workers' compensation.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Workers' Compensation Act is amended by |
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| changing
Section 4a-1 as follows:
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| (820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
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| Sec. 4a-1. Self-Insurers Advisory Board. The Self-Insurers |
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| Advisory
Board is hereby established
within the Commission for |
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| the purpose of providing for the continuation of
workers' |
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| compensation and occupational disease benefits due and unpaid |
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| or
interrupted due to the inability of an insolvent |
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| self-insurer as defined in
subsection (d) of Section 4a-2 to |
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| meet its compensation obligations when
the employers' |
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| financial resources, security deposit, guaranty agreements,
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| surety agreements and excess insurance are either inadequate or |
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| not
immediately accessible for the payment of benefits, and to |
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| review and
recommend to the Chairman of the Commission the |
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| disposition of all initial
and renewal applications to |
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| self-insure filed by private self-insurers
under this Act and |
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| the Workers' Occupational Diseases Act.
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| (Source: P.A. 85-1385.)
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