MAUTINO-BRADY-PERSICO-LOPEZ-GRANBERG, BUGIELSKI, PARKE AND OSMOND. (O'MALLEY-BERMAN) 215 ILCS 5/123B-4 from Ch. 73, par. 735B-4 Amends the Illinois Insurance Code. Provides that a risk retention group organized in a state other than Illinois that selects Illinois law to govern its policies may provide coverage for punitive damages and the multiplied portion of multiple damages if those coverages are permitted by the law of the state where the risk retention group is organized. Effective immediately. FISCAL NOTE (Department of Insurance) HB812 will have no fiscal impact on the Department. 99-02-10 H FIRST READING 99-02-10 H ADDED AS A JOINT SPONSOR BRADY 99-02-10 H ADDED AS A CO-SPONSOR PERSICO 99-02-10 H ADDED AS A CO-SPONSOR LOPEZ 99-02-10 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-17 H ASSIGNED TO COMMITTEE INSURANCE 99-02-18 H ADDED AS A CO-SPONSOR BUGIELSKI 99-02-18 H ADDED AS A CO-SPONSOR STEPHENS 99-02-18 H ADDED AS A CO-SPONSOR PARKE 99-02-22 H JOINT-SPONSOR CHANGED TO GRANBERG 99-02-24 H ADDED AS A CO-SPONSOR OSMOND 99-02-25 H DO PASS/SHORT DEBATE 015-000-000 HINS 99-02-25 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-02-26 H FISCAL NOTE FILED 99-02-26 H CALENDAR ORDER 2ND READING-SHORT DEBATE 99-03-11 H SECOND READING-SHORT DEBATE 99-03-11 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-12 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 99-03-16 S ARRIVE IN SENATE 99-03-16 S CHIEF SPONSOR O'MALLEY 99-03-16 S PLACED CALENDAR ORDER OF FIRST READING 99-03-17 99-03-16 S FIRST READING 99-03-16 S REFERRED TO SENATE RULES COMMITTEE RULES 99-04-22 S ASSIGNED TO COMMITTEE INS & PENS. 99-05-04 S DO PASS 008-000-000 SINS 99-05-04 S PLACED ON CALENDAR ORDER OF 2ND READING 99-05-05 99-05-05 S SECOND READING 99-05-05 S PLACED ON CALENDAR ORDER OF 3RD READING 99-05-06 99-05-07 S ADDED AS A CHIEF CO-SPONSOR BERMAN 99-05-07 S THIRD READING - PASSED 058-000-000 99-05-07 H PASSED BOTH HOUSES 99-06-04 H SENT TO THE GOVERNOR 99-07-29 H GOVERNOR APPROVED 99-07-29 H EFFECTIVE DATE 99-07-29 99-07-29 H PUBLIC ACT.............................. 91-0292 END OF INQUIRY Full Text Bill Summary