Full Text of HB6862 93rd General Assembly
HB6862 93RD GENERAL ASSEMBLY
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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6862
Introduced 02/09/04, by Frank J. Mautino SYNOPSIS AS INTRODUCED:
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Amends the Illinois Insurance Code. Adds the Industrial Commission Operations Fund Surcharge to group workers' compensation pools considered to be assessable domestic mutual insurance companies. Effective July 1, 2004.
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A BILL FOR
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HB6862 |
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LRB093 16351 SAS 41989 b |
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| AN ACT concerning insurance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Insurance Code is amended by | | 5 |
| changing Section 107a.04 as follows:
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| (215 ILCS 5/107a.04)
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| Sec. 107a.04. Organization under the Illinois Insurance | | 8 |
| Code.
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| (a) After December 31, 2000, group workers' compensation | | 10 |
| pools shall for the
purpose of
this Article, and this Article | | 11 |
| only, be considered as though they were
assessable domestic | | 12 |
| mutual
insurance companies and subject to the following:
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| (1) Article XII 1/2, Article XIII, Article XIII 1/2, | | 14 |
| Article XXIV;
and
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| (2) Sections 126.2, 126.4, 126.7, 132, 132.1 through | | 16 |
| 132.7, 133, 134, 137,
139,
140,
141.1, 141.2,
142, 143, | | 17 |
| 143c, 147, 148, 149, 154.5, 154.6, 154.7, 154.8, 155.01, | | 18 |
| 155.04,
173.1, 173.2, 173.3,
173.4, 173.5, 174, 174.1, 175, | | 19 |
| 176, 178, 179b, 378, 379.1, 408, 408.3, 416, 449,
456, 457, | | 20 |
| and 458,
subsections A, B, C, and E of Section 126.5, | | 21 |
| subsection A of Section 126.6, and
subsections (1) and (7) | | 22 |
| of
Section 412 of this Code.
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| (b) If there is a conflict between any Section of this | | 24 |
| Article and any
other Section of this
Code, then the provisions | | 25 |
| of this Article shall apply.
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| (c) No other provision of this Code shall be applicable to | | 27 |
| any qualified
workers'
compensation group workers' | | 28 |
| compensation pool except as provided in this
Article.
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| (d) A certificate of authority that is in effect on the | | 30 |
| effective date of
this amendatory Act of the 91st General | | 31 |
| Assembly and that was issued pursuant
to Section 4a of the | | 32 |
| Workers' Compensation Act or Section 4a of the Workers'
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HB6862 |
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LRB093 16351 SAS 41989 b |
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| Occupational Diseases Act to a group self-insurer
shall remain | | 2 |
| in effect under this Article. Such group self-insurer
shall | | 3 |
| then be deemed to be a qualified group workers' compensation | | 4 |
| pool and
shall be
subject to this Article.
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| (Source: P.A. 91-757, eff. 1-1-01.)
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| Section 99. Effective date. This Act takes effect July 1, | | 7 |
| 2004.
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