Illinois General Assembly - Bill Status for HB3296
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 Bill Status of HB3296  93rd General Assembly

Short Description:  SECURED HEALTH CARE ASSISTANCE

House Sponsors
Rep. Steve Davis

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.595 new
30 ILCS 330/2from Ch. 127, par. 652
30 ILCS 330/7.7 new


Synopsis As Introduced
Creates the Secured Health Care Assistance Retiree Exemption (SHARE) Act. Establishes the Secured Health Care Assistance Retiree Program to provide group health plans for eligible retirees. Defines "eligible retirees" as a resident of this State who is a retiree of a company that paid health care benefits that were established by contract or by a collective bargaining agreement and that have expired due to the bankruptcy of the company. Creates the Secured Health Care Assistance Retiree Board to implement the program. Amends the State Finance Act. Creates the Secured Health Care Assistance Retiree Trust Fund. Amends the General Obligation Bond Act. Authorizes the issuance of $225,000,000 in bonds to be used to fund the Secured Health Care Assistance Retiree Trust Fund, which Fund shall be used as provided in the Secured Health Care Assistance Retiree Exemption (SHARE) Act.

Actions 
DateChamber Action
  2/27/2003HouseFiled with the Clerk by Rep. Steve Davis
  2/27/2003HouseFirst Reading
  2/27/2003HouseReferred to Rules Committee
  2/28/2003HouseAssigned to Executive Committee
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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