PETERSON. (OSMOND-BRADY-MAUTINO-PARKE-WOOLARD) 215 ILCS 5/86 from Ch. 73, par. 698 805 ILCS 5/1.25 from Ch. 32, par. 1.25 805 ILCS 180/1-30 805 ILCS 210/104 from Ch. 106 1/2, par. 151-5 Amends the Illinois Insurance Code to make a technical change in a Section concerning Lloyds type insurers. Amends the Business Corporation Act of 1983, the Limited Liability Company Act, and the Revised Uniform Limited Partnership Act to make technical changes. SENATE AMENDMENT NO. 1. Deletes reference to: 805 ILCS 5/1.25 805 ILCS 180/1-30 805 ILCS 210/104 Adds reference to: 805 ILCS 5/13.05 from Ch. 32, par. 13.05 805 ILCS 180/1-25 805 ILCS 180/45-5 805 ILCS 210/105 from Ch. 106 1/2, par. 151-6 805 ILCS 210/902 from Ch. 106 1/2, par. 159-2 Replaces the title and everything after the enacting clause. Amends the Illinois Insurance Code. Abolishes the requirement that foreign and alien incorporated and individual unincorporated underwriters transacting an insurance business as domestic, foreign, or alien Lloyds obtain a certificate of authority from the Secretary of State. Amends the Business Corporation Act of 1983 to abolish the requirement that before transacting business in this State a foreign corporation organized to transact an insurance business as a Lloyds obtain a certificate of authority to transact business in this State from the Secretary of State. Amends the Limited Liability Company Act to authorize a limited liability company to transact business as a Lloyds and to abolish the requirement that before transacting business in this State a foreign limited liability company transacting a Lloyds business be admitted to transact business in this State by the Secretary of State. Amends the Revised Uniform Limited Partnership Act to authorize a limited partnership to transact business as a Lloyds and to abolish the requirement that before transacting business in this State a foreign limited partnership transacting a Lloyds business be admitted to transact business in this State by the Secretary of State. Effective immediately. HOUSE AMENDMENT NO. 1. Removes provision authorizing a foreign corporation to obtain a certificate of authority under the Business Corporation Act of 1983 for the purpose of carrying on the business of a syndicate or limited syndicate under the Illinois Insurance Code. Removes a provision authorizing a limited liability company to carry on an insurance business as a syndicate or limited syndicate under the Illinois Insurance Code. Amends the Business Corporation Act of 1983 to provide that certain insurance syndicates and limited syndicates and members of certain groups of underwriters do not have to file an annual report. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE INS & PENS. 99-03-16 S DO PASS 010-000-000 SINS 99-03-16 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-17 99-03-19 S SECOND READING 99-03-19 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-22 99-03-23 S FILED WITH SECRETARY 99-03-23 S AMENDMENT NO. 01-PETERSON 99-03-23 S AMENDMENT REFERRED TO SRUL 99-03-23 S AMENDMENT NO. 01-PETERSON 99-03-23 S RULES REFERS TO SINS 99-03-24 S AMENDMENT NO. 01-PETERSON 99-03-24 S BE ADOPTED SINS/010-000-000 99-03-24 S RECALLED TO SECOND READING 99-03-24 S AMENDMENT NO. 01-PETERSON 99-03-24 S ADOPTED 99-03-24 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-25 99-03-25 S THIRD READING - PASSED 056-000-001 99-03-26 H ARRIVE IN HOUSE 99-03-26 H PLACED CALENDAR ORDER OF FIRST READING 99-04-14 H HOUSE SPONSOR OSMOND 99-04-15 H FIRST READING 99-04-15 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-15 H ADDED AS A JOINT SPONSOR BRADY 99-04-15 H ADDED AS A JOINT SPONSOR MAUTINO 99-04-20 H ASSIGNED TO COMMITTEE INSURANCE 99-04-27 H ADDED AS A JOINT SPONSOR PARKE 99-04-27 H ADDED AS A JOINT SPONSOR WOOLARD 99-04-28 H AMENDMENT NO. 01-INSURANCE H 99-04-28 H ADOPTED 99-04-28 H DO PASS AMENDED/SHORT DEBATE 013-000-000 HINS 99-04-28 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-05-04 H SECOND READING-SHORT DEBATE 99-05-04 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-05-05 H THIRD READING/SHORT DEBATE/PASSED 117-000-000 99-05-06 S SECRETARYS DESK - CONCURRENCE 01 99-05-11 S FILED WITH SECRETARY 99-05-11 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON 99-05-11 S MOTION REFERRED TO SRUL 99-05-17 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON 99-05-17 S RULES REFERS TO SINS 99-05-20 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON 99-05-20 S BE ADOPTED SINS/009-000-000 99-05-20 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/PETERSON 99-05-20 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01/058-000-001 99-05-20 S PASSED BOTH HOUSES 99-06-18 S SENT TO THE GOVERNOR 99-08-14 S GOVERNOR APPROVED 99-08-14 S EFFECTIVE DATE 99-08-14 99-08-14 S PUBLIC ACT.............................. 91-0593 END OF INQUIRY Full Text Bill Summary