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<xml>
<title>Illinois General Assembly - Bill Status for HB 499    </title>
<shortdesc>INTERSTATE INS REG COMPACT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Frank J. Mautino</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>     Creates the Interstate Insurance Product Regulation Compact. Provides for the promotion and protection of the interests of consumers of individual and group annuity, life insurance, disability income, and long-term care insurance products. Creates the Interstate Insurance Product Regulation Commission to develop uniform standards for insurance products covered under the Compact, to establish a central clearing house to receive and provide prompt review of insurance products covered under the Compact, to provide appropriate regulatory approval, and to improve coordination of regulatory resources and expertise between state insurance departments. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Frank J. Mautino</action>
<statusdate>1/27/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/27/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/2/2005</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

