|
|
|
|
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2541
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - Harry Osterman 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.
|
| |
|
|
|
|
A BILL FOR
|
|
|
|
|
HB2541 |
|
LRB095 03410 WGH 23414 b |
|
|
| 1 |
| AN ACT concerning employment.
|
| 2 |
| Be it enacted by the People of the State of Illinois, |
| 3 |
| represented in the General Assembly:
|
| 4 |
| Section 5. The Workers' Compensation Act is amended by |
| 5 |
| changing Section 4a-1 as follows:
|
| 6 |
| (820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
|
| 7 |
| Sec. 4a-1. The
The Self-Insurers Advisory Board is hereby |
| 8 |
| established
within the Commission for the purpose of providing |
| 9 |
| for the continuation of
workers' compensation and occupational |
| 10 |
| disease benefits due and unpaid or
interrupted due to the |
| 11 |
| inability of an insolvent self-insurer as defined in
subsection |
| 12 |
| (d) of Section 4a-2 to meet its compensation obligations when
|
| 13 |
| the employers' financial resources, security deposit, guaranty |
| 14 |
| agreements,
surety agreements and excess insurance are either |
| 15 |
| inadequate or not
immediately accessible for the payment of |
| 16 |
| benefits, and to review and
recommend to the Chairman of the |
| 17 |
| Commission the disposition of all initial
and renewal |
| 18 |
| applications to self-insure filed by private self-insurers
|
| 19 |
| under this Act and the Workers' Occupational Diseases Act. |
| 20 |
| (Source: P.A. 85-1385.)
|