SB3042sam001 93RD GENERAL ASSEMBLY

John J. Cullerton

Filed: 2/23/2004

09300SB3042sam001 LRB093 20675 SAS 47875 a

AMENDMENT TO SENATE BILL 3042

AMENDMENT NO. ______. Amend Senate Bill 3042 by replacing the title with the following:

"AN ACT concerning insurance."; and

by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Insurance Code is amended by changing Section 155.20 as follows:

(215 ILCS 5/155.20) (from Ch. 73, par. 767.20)

Sec. 155.20. Medical malpractice disputes; arbitration. All final arbitration decisions rendered in relation to disputes or controversies arising out of injuries allegedly caused by reason of hospital or health care provider malpractice shall be recognized by any insurance company doing business in the State of Illinois and all findings of facts relating to liability and awards of damages in relation thereto which are a part of the final arbitration decision shall be binding on such insurance companies.

(Source: P.A. 79-1435.)".