90th General Assembly
Status of SB1728
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PETERSON.

(BRADY-MAUTINO)

   215 ILCS 5/86             from Ch. 73, par. 698                             
   215 ILCS 5/98             from Ch. 73, par. 710                             
   215 ILCS 5/102            from Ch. 73, par. 714                             
   215 ILCS 5/103            from Ch. 73, par. 715                             
   215 ILCS 5/144            from Ch. 73, par. 756                             

        Amends the Illinois Insurance Code.  Removes  the  limit  on  the      
   amount of insurance a Lloyds may underwrite with respect to any single      
   risk.  Effective immediately.                                               
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          215 ILCS 5/35A-5                                                     
          215 ILCS 5/35A-20                                                    
          215 ILCS 5/35A-35                                                    
          215 ILCS 5/107.06a              from Ch. 73, par. 719.06a            
          215 ILCS 5/107.26               from Ch. 73, par. 719.26             
          215 ILCS 5/111                  from Ch. 73, par. 723                
          215 ILCS 5/121-2.08             from Ch. 73, par. 733-2.08           
          215 ILCS 5/123C-1               from Ch. 73, par. 735C-1             
          215 ILCS 5/126.2                                                     
          215 ILCS 5/143                  from Ch. 73, par. 755                
          215 ILCS 5/445                  from Ch. 73, par. 1057               
          215 ILCS 5/445a new                                                  
          215 ILCS 5/3.1 rep.                                                  
          215 ILCS 113/10                                                      
          215 ILCS 113/15                                                      
          215 ILCS 113/20                                                      
          215 ILCS 113/25                                                      
          215 ILCS 113/30                                                      
          215 ILCS 113/40                                                      
          215 ILCS 113/50                                                      
          215 ILCS 113/56 new                                                  
          215 ILCS 113/35 rep.                                                 
          215 ILCS 113/55 rep.                                                 
          215 ILCS 110/35                 from Ch. 32, par. 690.35             
          215 ILCS 120/4                  from Ch. 73, par. 1254               
          215 ILCS 120/12                 from Ch. 73, par. 1262               
          215 ILCS 165/20                 from Ch. 32, par. 614                
        Amends the Illinois Insurance Code in relation to the  regulation      
   of  company  finances.   Revises the definition of "qualified business      
   entity" with respect  to  lending  arrangements  by  domestic  captive      
   companies.   Invalidates  possessory  liens  held  by an attorney as a      
   basis for withholding files or otherwise with respect to a company  in      
   rehabilitation or liquidation.  Provides for the existence of domestic      
   surplus  lines  insurers.   Requires reports to the Director regarding      
   fire insurance procured only from unauthorized insurers subject to tax      
   under  the  Fire  Investigation  Act.  Excludes   limited   syndicates      
   organized  as  partnerships  from  certain  provisions of the Illinois      
   Insurance Code.  Changes the name of the Illinois  Insurance  Exchange      
   Immediate Access Security Association to the Immediate Access Security      
   Association.    Provides  that  the  Association  will  pay  insurance      
   obligations on claims rather than liability based on claims.    Amends      
   the  Dental  Service  Plan Act and the Voluntary Health Services Plans      
   Act to limit certain contingent reserves to  $1,500,000.   Amends  the      
   Farm  Mutual  Insurance  Company  Act  of 1986 to authorize additional      
   investment opportunities. Amends the  Employee  Leasing  Company  Act.      
   Provides  that  the  Act applies to lessors of employees and insurers.      
   Imposes  record  keeping  requirements  upon  lessors  of   employees.      
   Changes  terminology  for  "employee  leasing company" to "lessor" and      
   "client company" to "lessee".  Specifically grants the  Department  of      
   Insurance  rulemaking  authority.   Establishes  specific  grounds for      
   revocation  or  denial  of  registration.   Abolishes   all   criminal      
   penalties.  Effective  immediately except that provisions amending the      
   Farm Mutual Insurance Company Act take effect January 1, 1999.              
          FISCAL NOTE, H-AM 1 (Dpt. Insurance)                                 
          No fiscal impact on the Department.                                  
          STATE MANDATES ACT FISCAL NOTE, H-AM 1                               
          SB 1728 fails to create a State mandate.                             
          HOME RULE NOTE, H-AM 1                                               
          The bill fails to preempt home rule authority.                       
   98-02-20  S  FIRST READING                                                  
   98-02-20  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   98-03-03  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   98-03-10  S       DO PASS                             009-000-000   SINS    
   98-03-10  S  PLACED ON CALENDAR ORDER OF 2ND READING  98-03-11              
   98-03-11  S  SECOND READING                                                 
   98-03-11  S  PLACED ON CALENDAR ORDER OF 3RD READING  98-03-12              
   98-03-24  S  THIRD READING - PASSED                   052-000-001           
   98-03-24  H  ARRIVE IN HOUSE                                                
   98-03-24  H  PLACED CALENDAR ORDER OF FIRST READING                         
   98-03-25  H  HOUSE SPONSOR                            MAUTINO               
   98-03-25  H  FIRST READING                                                  
   98-03-25  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-04-22  H  ALTERNATE PRIMARY SPONSOR CHANGED TO     BRADY                 
   98-04-22  H  ADDED AS A JOINT SPONSOR                 MAUTINO               
   98-04-23  H       ASSIGNED TO COMMITTEE               INSURANCE             
   98-04-30  H                             AMENDMENT NO. 01-INSURANCE     H    
   98-04-30  H                                   ADOPTED                       
   98-04-30  H  DO PASS AMENDED/SHORT DEBATE             024-000-000   HINS    
   98-04-30  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   98-05-01  H  FISCAL NOTE REQUESTED AS AMENDED         CURRIE                
   98-05-01  H  STATE MNDT FISCAL NOTE RQSTD AS AMENDED  CURRIE                
   98-05-01  H  HOME RULE NOTE REQUESTED AS AMENDED      CURRIE                
   98-05-01  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   98-05-05  H  FISCAL NOTE FILED AS AMENDED             BY HOUSE AMEND #1     
   98-05-05  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   98-05-06  H  STATE MNDT FISCAL NOTE FILED AS AMENDED  BY HOUSE AMEND #1     
   98-05-06  H  HOME RULE NOTE FILED AS AMENDED          BY HOUSE AMEND #1     
   98-05-06  H  SECOND READING-SHORT DEBATE                                    
   98-05-06  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   98-05-14  H  THIRD READING/SHORT DEBATE/PASSED        116-000-000           
   98-05-15  S  SECRETARYS DESK - CONCURRENCE            01                    
   98-05-19  S  FILED WITH SECRETARY                                           
   98-05-19  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON           
   98-05-19  S                        MOTION REFERRED TO SRUL                  
   98-05-20  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON           
   98-05-20  S                           RULES REFERS TO SINS                  
   98-05-21  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON           
   98-05-21  S                                BE ADOPTED SINS/007-000-000      
   98-05-21  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON           
   98-05-21  S  SEN CONCURS IN HSE AMENDMENTS (NO.)      01/058-000-000        
   98-05-21  S  PASSED BOTH HOUSES                                             
   98-06-19  S  SENT TO THE GOVERNOR                                           
   98-08-14  S  GOVERNOR APPROVED                                              
   98-08-14  S                            EFFECTIVE DATE 98-08-14              
   98-08-14  S                                           SOME PARTS            
   98-08-14  S                            EFFECTIVE DATE 99-01-01              
   98-08-14  S  PUBLIC ACT.............................. 90-0794               

   END OF INQUIRY 



 Full Text  Bill Summary