90th General Assembly
Summary of HB0224
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Status
House Sponsors:

Short description: 
INS REGISTERD FIRM-LLC                                                     

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.  Provides that  a  registered      
   firm  may  be  a  limited  liability company.  Provides that a limited      
   liability company that transacts insurance business  as  an  insurance      
   agency shall register with the Director of Insurance.                       
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          215 ILCS 5/491.1                                                     
          215 ILCS 5/499.1                                                     
          Adds reference to:                                                   
          215 ILCS 5/143.32 new                                                
          625 ILCS 5/9-101                from Ch. 95 1/2, par. 9-101          
          625 ILCS 5/9-102                from Ch. 95 1/2, par. 9-102          
          625 ILCS 5/9-105                from Ch. 95 1/2, par. 9-105          
        Replaces the title and  everything  after  the  enacting  clause.      
   Amends  the  Illinois  Insurance Code and Illinois Motor Vehicle Code.      
   Provides that with respect to motor vehicles, the method used to prove      
   financial responsibility shall be deemed to be  the  primary  coverage      
   for losses resulting from the use of the motor vehicle.                     
          FISCAL NOTE, AMENDED (Dpt. Insurance)                                
          HB224, amended, will have no fiscal impact on the Department.        
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


 Full Text  Bill Status