Bill Status of HB2585 102nd General Assembly
Short Description: WORKERS COMP-REVIEW-COLLATERAL
Rep. Thomas M. Bennett - Dan Ugaste, Andrew S. Chesney, Steven Reick, Darren Bailey and Chris Miller
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Workers' Compensation Act. Provides that, when a bond is required because a party against whom the Illinois Workers' Compensation Commission rendered an award for the payment of money seeks judicial review of the award, the bond requirement may be satisfied by posting collateral or guarantee of payment, which may include an insurance policy, a certificate of self-insurance, or funds in an escrow account. Effective immediately.