INS CD-TECH Senate SponsorsSen. William R. Haine 1/13/2009SenateSession Sine Die 215 ILCS 5/1402215 ILCS 5/1407Amends the Illinois Insurance Code. Provides that the definition for "financial institution" includes any farm credit lending institution, including, but not limited to, a farm credit bank, farm credit association, or production credit association, whether operating under the authority of the federal Farm Credit Administration or any similar federal or State authority, and any subsidiary of that farm credit lending institution. Provides that no discount on or return of any portion of a premium or commission, whether in the form of a rebate or as part of any dividend or other financial consideration offered to a customer of any financial institution, may be offered or paid if that discount or return would provide an incentive for the customer to purchase an insurance policy, to purchase additional insurance coverage, or to obtain credit from or through a particular financial institution. Effective immediately.Senate Committee Amendment No. 1 Deletes reference to:215 ILCS 5/1407Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Makes a technical change in a Section concerning definitions. 2/14/2008SenateFiled with Secretary by Sen. William R. Haine 2/14/2008SenateFirst Reading 2/14/2008SenateReferred to Rules 3/5/2008SenateAssigned to Insurance 3/11/2008SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine 3/11/2008SenateSenate Committee Amendment No. 1 Referred to Rules 3/12/2008SenateSenate Committee Amendment No. 1 Rules Refers to Insurance 3/12/2008SenateSenate Committee Amendment No. 1 Adopted 3/13/2008SenateDo Pass as Amended Insurance; 010-000-000 3/13/2008SenatePlaced on Calendar Order of 2nd Reading April 1, 2008 7/1/2008SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/13/2009SenateSession Sine Die