98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB2314

 

Introduced , by Rep. Daniel V. Beiser

 

SYNOPSIS AS INTRODUCED:
 
820 ILCS 305/4a-1  from Ch. 48, par. 138.4a-1

    Amends the Workers' Compensation Act. Makes a technical change to a Section concerning the Self-Insurers Advisory Board.


LRB098 10350 JLS 40537 b

 

 

A BILL FOR

 

HB2314LRB098 10350 JLS 40537 b

1    AN ACT concerning employment.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Workers' Compensation Act is amended by
5changing Section 4a-1 as follows:
 
6    (820 ILCS 305/4a-1)  (from Ch. 48, par. 138.4a-1)
7    Sec. 4a-1. The The Self-Insurers Advisory Board is hereby
8established within the Commission for the purpose of providing
9for the continuation of workers' compensation and occupational
10disease benefits due and unpaid or interrupted due to the
11inability of an insolvent self-insurer as defined in subsection
12(d) of Section 4a-2 to meet its compensation obligations when
13the employers' financial resources, security deposit, guaranty
14agreements, surety agreements and excess insurance are either
15inadequate or not immediately accessible for the payment of
16benefits, and to review and recommend to the Chairman of the
17Commission the disposition of all initial and renewal
18applications to self-insure filed by private self-insurers
19under this Act and the Workers' Occupational Diseases Act.
20(Source: P.A. 85-1385.)