92nd General Assembly
Status of SB0864
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   215 ILCS 5/Art. XIE heading new                                             
   215 ILCS 5/179E-1 new                                                       
   215 ILCS 5/179E-5 new                                                       
   215 ILCS 5/179E-10 new                                                      
   215 ILCS 5/179E-15 new                                                      
   215 ILCS 5/179E-20 new                                                      
   215 ILCS 5/179E-25 new                                                      
   215 ILCS 5/179E-25 new                                                      
   215 ILCS 5/179E-35 new                                                      
   215 ILCS 5/179E-40 new                                                      
   215 ILCS 5/179E-45 new                                                      
   215 ILCS 5/179E-50 new                                                      
   215 ILCS 5/179E-55 new                                                      
   215 ILCS 5/179E-60 new                                                      
   215 ILCS 5/179E-65 new                                                      
   215 ILCS 5/179E-70 new                                                      
   215 ILCS 5/179E-75 new                                                      
   215 ILCS 5/179E-80 new                                                      
   215 ILCS 5/179E-85 new                                                      
   215 ILCS 5/179E-90 new                                                      
   215 ILCS 5/179E-95 new                                                      
   215 ILCS 5/179E-100 new                                                     

        Amends the Illinois Insurance Code. Creates the  Special  Purpose      
   Reinsurance  Vehicle  Law.  Authorizes   the  securitization of ceding      
   insurer's risks through the creation of  special  purpose  reinsurance      
   vehicles  (SPRV).  Establishes  the framework for the organization and      
   operation of SPRVs. Establishes capital  requirements  and  investment      
   limitations.  Requires  annual reports to the Department of Insurance.      
   Effective immediately.                                                      
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-06-2001  S       DO PASS                             010-000-000   SINS    
   MAR-06-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-07              
   MAR-08-2001  S  SECOND READING                                                 
   MAR-08-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-20              
   MAR-30-2001  S  THIRD READING - PASSED                   054-000-000           
   MAR-30-2001  H  ARRIVE IN HOUSE                                                
   MAR-30-2001  H  HOUSE SPONSOR                            OSMOND                
   MAR-30-2001  H  FIRST READING                                                  
   MAR-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-03-2001  H       ASSIGNED TO COMMITTEE               INSURANCE             
   APR-17-2001  H  ADDED AS A JOINT SPONSOR                 BEAUBIEN              
   APR-17-2001  H  ADDED AS A JOINT SPONSOR                 BRADY                 
   APR-17-2001  H  ADDED AS A JOINT SPONSOR                 MAUTINO               
   APR-17-2001  H  ADDED AS A JOINT SPONSOR                 BRUNSVOLD             
   APR-18-2001  H  DO PASS/SHORT DEBATE                     011-000-001   HINS    
   APR-18-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   APR-19-2001  H  SECOND READING-SHORT DEBATE                                    
   APR-19-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-01-2001  H  THIRD READING/SHORT DEBATE/PASSED        114-001-000           
   MAY-01-2001  S  PASSED BOTH HOUSES                                             
   MAY-30-2001  S  SENT TO THE GOVERNOR                                           
   JUL-20-2001  S  GOVERNOR APPROVED                                              
   JUL-20-2001  S                            EFFECTIVE DATE 01-07-20              
   JUL-20-2001  S  PUBLIC ACT.............................. 92-0124               


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