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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB2314 Introduced , by Rep. Daniel V. Beiser SYNOPSIS AS INTRODUCED:
| | 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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| | HB2314 | | LRB098 10350 JLS 40537 b |
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| 1 | | AN ACT concerning employment.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Workers' Compensation Act is amended by |
| 5 | | changing Section 4a-1 as follows:
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| 6 | | (820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
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| 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
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| 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
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| 19 | | under this Act and the Workers' Occupational Diseases Act. |
| 20 | | (Source: P.A. 85-1385.)
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