Illinois General Assembly - Bill Status for SB2944

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Bill Status of SB2944 101st General Assembly

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Short Description: INS CD-COMPANY ACTION LEVEL

Senate Sponsors
Sen. Matt Murphy

House Sponsors
(Rep. Dan Brady)

Last Action

Date	Chamber	Action
7/8/2016	Senate	Public Act . . . . . . . . . 99-0542

Statutes Amended In Order of Appearance

215 ILCS 5/35A-15

Synopsis As Introduced
Amends the Insurance Code. Includes within the definition of "company action level event" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. Effective immediately.

Actions

Date	Chamber	Action
2/18/2016	Senate	Filed with Secretary by Sen. Matt Murphy
2/18/2016	Senate	First Reading
2/18/2016	Senate	Referred to Assignments
3/2/2016	Senate	Assigned to Insurance
4/6/2016	Senate	Do Pass Insurance; 011-000-000
4/6/2016	Senate	Placed on Calendar Order of 2nd Reading April 7, 2016
4/20/2016	Senate	Second Reading
4/20/2016	Senate	Placed on Calendar Order of 3rd Reading April 21, 2016
4/21/2016	Senate	Third Reading - Passed; 055-000-000
4/21/2016	House	Arrived in House
4/21/2016	House	Chief House Sponsor Rep. Dan Brady
4/21/2016	House	First Reading
4/21/2016	House	Referred to Rules Committee
5/2/2016	House	Assigned to Insurance Committee
5/10/2016	House	Do Pass / Short Debate Insurance Committee; 019-000-000
5/11/2016	House	Placed on Calendar 2nd Reading - Short Debate
5/18/2016	House	Second Reading - Short Debate
5/18/2016	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/23/2016	House	Third Reading - Short Debate - Passed 113-000-000
5/23/2016	Senate	Passed Both Houses
6/21/2016	Senate	Sent to the Governor
7/8/2016	Senate	Governor Approved
7/8/2016	Senate	Effective Date July 8, 2016
7/8/2016	Senate	Public Act . . . . . . . . . 99-0542

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