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 Bill Status of HB0709  100th General Assembly


Short Description:  INS-LIFE AND HEALTH GUARANTY

House Sponsors
Rep. Emanuel Chris Welch - Elgie R. Sims, Jr. and Daniel J. Burke

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
215 ILCS 5/193from Ch. 73, par. 805
215 ILCS 5/531.03from Ch. 73, par. 1065.80-3
215 ILCS 5/531.05from Ch. 73, par. 1065.80-5
215 ILCS 5/531.07from Ch. 73, par. 1065.80-7
215 ILCS 5/531.08from Ch. 73, par. 1065.80-8
215 ILCS 5/531.09from Ch. 73, par. 1065.80-9
215 ILCS 5/531.10from Ch. 73, par. 1065.80-10
215 ILCS 5/531.14from Ch. 73, par. 1065.80-14


Synopsis As Introduced
Amends the Illinois Insurance Code. In the Article concerning the Illinois Life and Health Insurance Guaranty Association, makes changes to the organization of provisions concerning coverage and limitations and powers and duties of the Association. Makes changes in the provisions concerning definitions; the Board of Directors of the Association; assessments; and miscellaneous provisions. In a provision concerning duties of the Director of Insurance as liquidator, provides that upon the entry of an order directing liquidation of a company, the Director may, subject to a provision of the Insurance Code that allows the Association to exercise all the rights of the Director with respect to covered policies after the Association becomes obligated by statute or a provision of the Health Maintenance Organization Act, cede or reinsure all or so much as may be necessary of the in-force business to another company using assets of the liquidated company to pay therefor in preference to satisfying other obligations or creditors. Effective immediately.

Actions 
DateChamber Action
  1/25/2017HouseFiled with the Clerk by Rep. Emanuel Chris Welch
  1/25/2017HouseFirst Reading
  1/25/2017HouseReferred to Rules Committee
  2/9/2017HouseAssigned to Executive Committee
  2/16/2017HouseAdded Co-Sponsor Rep. Daniel J. Burke
  3/10/2017HouseAdded Chief Co-Sponsor Rep. Elgie R. Sims, Jr.
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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