Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 5/1402

215 ILCS 5/1407

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that the definition for "financial institution" includes any farm credit lending institution, including, but not limited to, a farm credit bank, farm credit association, or production credit association, whether operating under the authority of the federal Farm Credit Administration or any similar federal or State authority, and any subsidiary of that farm credit lending institution. Provides that no discount on or return of any portion of a premium or commission, whether in the form of a rebate or as part of any dividend or other financial consideration offered to a customer of any financial institution, may be offered or paid if that discount or return would provide an incentive for the customer to purchase an insurance policy, to purchase additional insurance coverage, or to obtain credit from or through a particular financial institution. Effective immediately.

Senate Committee Amendment No. 1

	Deletes reference to:
	215 ILCS 5/1402

215 ILCS 5/1407

	Adds reference to:
	215 ILCS 5/1	from Ch. 73, par. 613

Deletes everything after the enacting clause. Amends the Illinois Insurance Code. Makes technical changes in a Section concerning the short title.

Actions 

Date	Chamber	Action
2/19/2009	Senate	Filed with Secretary by Sen. William R. Haine
2/19/2009	Senate	First Reading
2/19/2009	Senate	Referred to Assignments
2/25/2009	Senate	Assigned to Financial Institutions
3/6/2009	Senate	Postponed - Financial Institutions
3/10/2009	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
3/10/2009	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/11/2009	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
3/12/2009	Senate	Senate Committee Amendment No. 1 Adopted
3/12/2009	Senate	Do Pass as Amended Financial Institutions; 010-000-000
3/12/2009	Senate	Placed on Calendar Order of 2nd Reading March 17, 2009
3/31/2009	Senate	Second Reading
3/31/2009	Senate	Placed on Calendar Order of 3rd Reading April 1, 2009
4/2/2009	Senate	Third Reading - Passed; 058-000-000
4/3/2009	House	Arrived in House
4/3/2009	House	Placed on Calendar Order of First Reading
4/3/2009	House	Chief House Sponsor Rep. Jim Watson
4/6/2009	House	First Reading
4/6/2009	House	Referred to Rules Committee
4/20/2009	House	Assigned to Executive Committee
5/8/2009	House	Committee/Final Action Deadline Extended-9(b) May 22, 2009
5/13/2009	House	Alternate Chief Sponsor Changed to Rep. Chapin Rose
5/21/2009	House	Alternate Chief Sponsor Changed to Rep. Jim Watson
5/22/2009	House	Alternate Chief Sponsor Changed to Rep. Lou Lang
5/22/2009	House	Final Action Deadline Extended-9(b) May 29, 2009
5/29/2009	House	Final Action Deadline Extended-9(b) May 31, 2009
5/31/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/12/2011	Senate	Session Sine Die

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