Bill Status of HB5047  9th General Assembly

Short Description:  ELECTRONICS INS-VENDORS-CREDIT

House Sponsors
Rep. Monique D. Davis - Esther Golar, Bill Mitchell and Ed Sullivan, Jr.

Senate Sponsors
(Sen. William R. Haine)

Last Action
DateChamber Action
  8/10/2012HousePublic Act . . . . . . . . . 97-0939

Statutes Amended In Order of Appearance
215 ILCS 136/10
215 ILCS 136/15
215 ILCS 136/30


Synopsis As Introduced
Amends the Portable Electronics Insurance Act. Provides that a business entity that is a licensed insurance producer or insurer (supervising entity) shall maintain a registry of vendor locations that are authorized to sell or solicit portable electronics insurance coverage in the State and that, upon request by the Director of Insurance and with 10 days notice to the supervising entity, the registry shall be open to inspection and examination by the Director during the regular business hours of the supervising entity. Makes changes to the provision requiring brochures or other written materials be made available to prospective customers at every location where portable electronics insurance is offered. Deletes language concerning notice with regard to the termination of portable electronics insurance and provides instead that whenever notice or correspondence with respect to a policy of portable electronics insurance is required pursuant to the provision concerning termination of portable electronics insurance or is otherwise required by law, it shall be in writing and sent within the notice period, if any, specified within the statute or regulation. Sets forth provisions concerning notice requirements.

Actions 
DateChamber Action
  2/7/2012HouseFiled with the Clerk by Rep. Monique D. Davis
  2/7/2012HouseFirst Reading
  2/7/2012HouseReferred to Rules Committee
  2/22/2012HouseAdded Co-Sponsor Rep. Bill Mitchell
  2/22/2012HouseAssigned to Consumer Protection Committee
  2/28/2012HouseAdded Co-Sponsor Rep. Ed Sullivan, Jr.
  2/28/2012HouseDo Pass / Short Debate Consumer Protection Committee; 021-000-000
  2/29/2012HousePlaced on Calendar 2nd Reading - Short Debate
  3/6/2012HouseSecond Reading - Short Debate
  3/6/2012HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/8/2012HouseThird Reading - Short Debate - Passed 113-000-000
  3/8/2012HouseAdded Chief Co-Sponsor Rep. Esther Golar
  3/21/2012SenateArrive in Senate
  3/21/2012SenatePlaced on Calendar Order of First Reading
  3/21/2012SenateChief Senate Sponsor Sen. William R. Haine
  3/21/2012SenateFirst Reading
  3/21/2012SenateReferred to Assignments
  4/11/2012SenateAssigned to Insurance
  4/18/2012SenateDo Pass Insurance; 007-000-000
  4/18/2012SenatePlaced on Calendar Order of 2nd Reading April 19, 2012
  5/2/2012SenateSecond Reading
  5/2/2012SenatePlaced on Calendar Order of 3rd Reading May 3, 2012
  5/17/2012SenateThird Reading - Passed; 056-000-000
  5/17/2012HousePassed Both Houses
  6/15/2012HouseSent to the Governor
  8/10/2012HouseGovernor Approved
  8/10/2012HouseEffective Date January 1, 2013
  8/10/2012HousePublic Act . . . . . . . . . 97-0939