Date	Chamber	Action
8/25/2017	House	Public Act . . . . . . . . . 100-0349

Statutes Amended In Order of Appearance

215 ILCS 5/1403

Synopsis As Introduced
Amends the Illinois Insurance Code. In a provision concerning licensure requirements for financial institutions, provides that nothing in a provision concerning limited lines producer licenses in the Code shall be construed to require a limited lines producer license or any other form or class of producer's license for financial institutions, or their employees, if the financial institution has purchased or sponsored a group or individual credit life, credit accident and health, credit casualty, credit property, or other credit insurance policy or program under which the financial institution enrolls or performs other administrative services to enable individuals to purchase insurance coverage under the group or individual credit insurance policy from a licensed producer in compliance with provisions concerning license exceptions and credit life and credit accident and health insurance policies under the Code. Effective immediately.

House Committee Amendment No. 1
In provisions exempting financial institutions from being licensed as limited lines producers when purchasing or sponsoring certain credit insurance policies or programs, changes the type of policies or programs that exempt the financial institution to group credit life, credit accident and health, credit casualty, credit property, or other group credit insurance policies or programs under which the financial institution enrolls or performs other administrative services, or both. Provides that a financial institution that performs enrollment or other administrative services, or both, with respect to its group credit insurance policies or programs are exempt from being licensed as insurance producers.

Actions 

Date	Chamber	Action
1/26/2017	House	Filed with the Clerk by Rep. Lou Lang
1/27/2017	House	First Reading
1/27/2017	House	Referred to Rules Committee
2/8/2017	House	Assigned to Financial Institutions Committee
2/14/2017	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
2/14/2017	House	House Committee Amendment No. 1 Referred to Rules Committee
2/15/2017	House	House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
3/7/2017	House	House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
3/7/2017	House	Do Pass as Amended / Short Debate Financial Institutions Committee; 010-000-000
3/8/2017	House	Placed on Calendar 2nd Reading - Short Debate
3/9/2017	House	Second Reading - Short Debate
3/9/2017	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/15/2017	House	Third Reading - Short Debate - Passed 110-000-000
3/15/2017	House	Added Chief Co-Sponsor Rep. Patricia R. Bellock
3/16/2017	Senate	Arrive in Senate
3/16/2017	Senate	Placed on Calendar Order of First Reading March 28, 2017
3/23/2017	Senate	Chief Senate Sponsor Sen. John G. Mulroe
3/28/2017	Senate	First Reading
3/28/2017	Senate	Referred to Assignments
4/6/2017	House	Added Chief Co-Sponsor Rep. Randy E. Frese
4/25/2017	Senate	Assigned to Insurance
5/2/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
5/3/2017	Senate	Added as Alternate Chief Co-Sponsor Sen. Michael Connelly
5/4/2017	Senate	Do Pass Insurance; 010-000-000
5/4/2017	Senate	Placed on Calendar Order of 2nd Reading May 5, 2017
5/15/2017	Senate	Second Reading
5/15/2017	Senate	Placed on Calendar Order of 3rd Reading May 16, 2017
5/26/2017	Senate	Rule 2-10 Third Reading Deadline Established As May 31, 2017
5/26/2017	Senate	Added as Alternate Co-Sponsor Sen. Dan McConchie
5/31/2017	Senate	Third Reading - Passed; 055-000-000
5/31/2017	House	Passed Both Houses
6/29/2017	House	Sent to the Governor
8/25/2017	House	Governor Approved
8/25/2017	House	Effective Date August 25, 2017
8/25/2017	House	Public Act . . . . . . . . . 100-0349

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