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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB2115
Introduced 2/14/2005, by Rep. Michael J. Madigan - Barbara Flynn Currie - Larry McKeon 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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HB2115 |
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LRB094 03083 WGH 33084 b |
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| AN ACT concerning employment.
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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. The
The Self-Insurers Advisory Board is hereby |
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| established
within the Commission for the purpose of providing |
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| for the continuation of
workers' compensation and occupational |
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| disease benefits due and unpaid or
interrupted due to the |
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| inability of an insolvent self-insurer as defined in
subsection |
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| (d) of Section 4a-2 to meet its compensation obligations when
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| the employers' financial resources, security deposit, guaranty |
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| agreements,
surety agreements and excess insurance are either |
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| inadequate or not
immediately accessible for the payment of |
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| benefits, and to review and
recommend to the Chairman of the |
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| Commission the disposition of all initial
and renewal |
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| applications to self-insure filed by private self-insurers
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| under this Act and the Workers' Occupational Diseases Act. |
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| (Source: P.A. 85-1385.)
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