Bill Status of HB5528  102nd General Assembly

Short Description:  INS CODE-VARIOUS

House Sponsors
Rep. Thaddeus Jones

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/131.8from Ch. 73, par. 743.8
215 ILCS 5/131.22from Ch. 73, par. 743.22
215 ILCS 5/131.9a rep.

Synopsis As Introduced
Amends the Illinois Insurance Code. In provisions requiring the Director of Insurance to approve specified acquisitions of control, provides that the Director shall deny the acquisition if the competence, experience, and integrity of those persons who would control the operation are such that it would not (rather than would) be in the best interests of specified individuals. In provisions concerning confidential treatment of certain information, excludes information submitted pursuant to specified provisions concerning mergers and acquisitions that is not personal financial information. Repeals duplicative provisions concerning exemptions. Effective immediately.

DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Thaddeus Jones
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/17/2020HouseAssigned to Insurance Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die