92nd General Assembly
Status of HB2994
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   215 ILCS 5/500-5 new                                                        
   215 ILCS 5/500-10 new                                                       
   215 ILCS 5/500-15 new                                                       
   215 ILCS 5/500-20 new                                                       
   215 ILCS 5/500-25 new                                                       
   215 ILCS 5/500-30 new                                                       
   215 ILCS 5/500-35 new                                                       
   215 ILCS 5/500-40 new                                                       
   215 ILCS 5/500-45 new                                                       
   215 ILCS 5/500-50 new                                                       
   215 ILCS 5/500-55 new                                                       
   215 ILCS 5/500-60 new                                                       
   215 ILCS 5/500-65 new                                                       
   215 ILCS 5/500-70 new                                                       
   215 ILCS 5/500-75 new                                                       
   215 ILCS 5/500-80 new                                                       
   215 ILCS 5/500-85 new                                                       
   215 ILCS 5/500-90 new                                                       
   215 ILCS 5/500-95 new                                                       
   215 ILCS 5/500-100 new                                                      
   215 ILCS 5/500-105 new                                                      
   215 ILCS 5/500-110 new                                                      
   215 ILCS 5/500-115 new                                                      
   215 ILCS 5/500-120 new                                                      
   215 ILCS 5/500-125 new                                                      
   215 ILCS 5/500-130 new                                                      
   215 ILCS 5/500-135 new                                                      
   215 ILCS 5/500-140 new                                                      
   215 ILCS 5/500-145 new                                                      
   215 ILCS 5/500-150 new                                                      
   215 ILCS 5/490.1 rep.                                                       
   215 ILCS 5/491.1 rep.                                                       
   215 ILCS 5/492.2 rep.                                                       
   215 ILCS 5/493.2 rep.                                                       
   215 ILCS 5/494.1 rep.                                                       
   215 ILCS 5/494.2 rep.                                                       
   215 ILCS 5/495.1 rep.                                                       
   215 ILCS 5/495.2 rep.                                                       
   215 ILCS 5/496.2 rep.                                                       
   215 ILCS 5/497.1 rep.                                                       
   215 ILCS 5/498.1 rep.                                                       
   215 ILCS 5/499.1 rep.                                                       
   215 ILCS 5/500.1 rep.                                                       
   215 ILCS 5/501.2 rep.                                                       
   215 ILCS 5/502.2 rep.                                                       
   215 ILCS 5/503.1 rep.                                                       
   215 ILCS 5/504 rep.                                                         
   215 ILCS 5/504.1 rep.                                                       
   215 ILCS 5/505.1 rep.                                                       
   215 ILCS 5/505.2 rep.                                                       
   215 ILCS 5/506.1 rep.                                                       
   215 ILCS 5/507.1 rep.                                                       
   215 ILCS 5/508.1 rep.                                                       
   215 ILCS 5/508.2 rep.                                                       
   215 ILCS 5/509.1 rep.                                                       
   215 ILCS 5/510.2 rep.                                                       
   215 ILCS 5/511.1 rep.                                                       

        Amends the Illinois Insurance Code. Provides  for  the  licensing      
   and  regulation  of  insurance producers. Sets forth the powers of the      
   Department of Insurance with respect to enforcement  and  disciplinary      
   proceedings.  Establishes fees for licenses and applications. Provides      
   for the licensing of persons engaged in providing continuing education      
   materials.  Provides  for  reciprocity  with  respect   to   insurance      
   producers licensed in other jurisdictions. Effective January 1, 2002.       
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that no liability shall arise as a result of  disclosure      
   to or by the Director of Insurance or other regulatory organization of      
   information  regarding  termination  of  employment  of  an  insurance      
   producer.   Removes  provision  that  an  absence  of actual malice is      
   necessary to preclude liability.                                            
        HOUSE AMENDMENT NO. 2.                                                 
          Adds reference to:                                                   
          215 ILCS 5/445                  from Ch. 73, par. 1057               
        Amends the Illinois Insurance Code.  Provides that surplus  lines      
   producers  must  complete  a  prelicensing course of study rather than      
   pass an examination before obtaining a  license  as  a  surplus  lines      
        HOUSE AMENDMENT NO. 3.                                                 
        Provides that notice to an insured regarding  compensation  of  a      
   producer  needs  to  include  an acknowledgement signed by the insured      
   only when the compensation exceeds 10% of the premium.   Provides  for      
   prorated refunds of the compensation if a policy is cancelled.              
        SENATE AMENDMENT NO. 1.                                                
        Provides that if a policy or  contract  is  canceled  within  the      
   first  half  of  its  term, rather than at any time, the producer must      
   return to the insured at a prorated amount any compensation or service      
   fee the producer received on the contract or  policy.   Provides  that      
   failure  to  report the termination of a business relationship between      
   an insurer and a producer  based  upon  cause  that  is  a  basis  for      
   disciplinary  action  may  be  punished  by  the imposition of a civil      
   penalty or by suspension or revocation of any license  or  certificate      
   of authority.                                                               
   FEB-27-2001  H  FILED WITH CLERK                                               
   FEB-27-2001  H  FIRST READING                                                  
   FEB-27-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-28-2001  H       ASSIGNED TO COMMITTEE               INSURANCE             
   MAR-14-2001  H                             AMENDMENT NO. 01-INSURANCE     H    
   MAR-14-2001  H                                   ADOPTED                       
   MAR-14-2001  H                             AMENDMENT NO. 02-INSURANCE     H    
   MAR-14-2001  H                                   ADOPTED                       
   MAR-14-2001  H                             AMENDMENT NO. 03-INSURANCE     H    
   MAR-14-2001  H                                   ADOPTED                       
   MAR-14-2001  H  DO PASS AMENDED/SHORT DEBATE             012-000-000   HINS    
   MAR-14-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAR-20-2001  H  SECOND READING-SHORT DEBATE                                    
   MAR-20-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAR-21-2001  H  THIRD READING/SHORT DEBATE/PASSED        116-000-000           
   MAR-21-2001  H  ADDED AS A JOINT SPONSOR                 BLACK                 
   MAR-21-2001  H  ADDED AS A JOINT SPONSOR                 OSMOND                
   MAR-21-2001  H  ADDED AS A JOINT SPONSOR                 MAUTINO               
   MAR-22-2001  S  ARRIVE IN SENATE                                               
   MAR-22-2001  S  PLACED CALENDAR ORDER OF FIRST READING   01-03-27              
   MAR-22-2001  S  CHIEF SPONSOR                            MADIGAN,R             
   MAR-22-2001  S  FIRST READING                                                  
   MAR-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-06-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   APR-24-2001  S                             AMENDMENT NO. 01-INS & PENS.   S    
   APR-24-2001  S                                   ADOPTED                       
   APR-24-2001  S       DO PASS AS AMENDED                  010-000-000   SINS    
   APR-24-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-04-25              
   APR-25-2001  S  SECOND READING                                                 
   APR-25-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-04-26              
   MAY-03-2001  S  THIRD READING - PASSED                   056-000-000           
   MAY-03-2001  H  ARRIVE IN HOUSE                                                
   MAY-03-2001  H  PLACED ON CALENDAR ORDER OF CONCURRENCE  01                    
   MAY-15-2001  H  MOTION FILED CONCUR                      01/PARKE              
   MAY-15-2001  H                        MOTION REFERRED TO HRUL                  
   MAY-15-2001  H  CALENDAR ORDER OF CONCURRENCE            01                    
   MAY-21-2001  H  MOTION                                   TO CONCUR SA #1       
   MAY-21-2001  H  RECOMMENDS BE ADOPTED                    HRUL                  
   MAY-21-2001  H  CALENDAR ORDER OF CONCURRENCE            01                    
   MAY-22-2001  H  HSE CONCURS IN SEN AMENDMENTS (NO.)      01/115-000-000        
   MAY-22-2001  H  PASSED BOTH HOUSES                                             
   JUN-20-2001  H  SENT TO THE GOVERNOR                                           
   AUG-16-2001  H  GOVERNOR APPROVED                                              
   AUG-16-2001  H                            EFFECTIVE DATE 02-01-01              
   AUG-16-2001  H  PUBLIC ACT.............................. 92-0386               


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