Bill Status of SB 2408   102nd General Assembly


Short Description:  INSURANCE GUARANTY FUND

Senate Sponsors
Sen. Don Harmon-Michael E. Hastings-Bill Cunningham, Patrick J. Joyce, Steven M. Landek, Elgie R. Sims, Jr., Laura Fine, Ann Gillespie, Robert Peters-Cristina Castro, Mattie Hunter and Cristina H. Pacione-Zayas-Melinda Bush

House Sponsors
(Rep. Marcus C. Evans, Jr.-Jay Hoffman-Ann M. Williams-Robyn Gabel-Kambium Buckner, Rita Mayfield, Daniel Didech, Sam Yingling, Maurice A. West, II, Dave Vella, Denyse Wang Stoneback, Edgar Gonzalez, Jr., Anne Stava-Murray, Jonathan Carroll, Anna Moeller, Bob Morgan, Jennifer Gong-Gershowitz, Delia C. Ramirez, Lindsey LaPointe, Will Guzzardi, Jehan Gordon-Booth, Theresa Mah, Deb Conroy, Eva-Dina Delgado, Aaron M. Ortiz, LaToya Greenwood, Greg Harris, John C. D'Amico and Barbara Hernandez)


Last Action  View All Actions

DateChamber Action
  9/15/2021SenatePublic Act . . . . . . . . . 102-0662

Statutes Amended In Order of Appearance
215 ILCS 5/532from Ch. 73, par. 1065.82
215 ILCS 5/538from Ch. 73, par. 1065.88
215 ILCS 5/538.7from Ch. 73, par. 1065.88-7

Synopsis As Introduced
Amends the Illinois Insurance Code. Authorizes the Illinois Insurance Guaranty Fund, at the direction of its board of directors and subject to the approval of the Director of Insurance, to form and own a not-for-profit corporation to which the Fund may delegate certain of its powers and duties provided by the Code. Allows the not-for-profit corporation to contract to provide services to the Office of Special Deputy Receiver or any other person or organization authorized by law to carry out the duties of the Director in the capacity of receiver under specified provisions of the Code, the Illinois Life and Health Insurance Guaranty Association, an organizations in another state similar to the Illinois Insurance Guaranty Fund or the Illinois Life and Health Insurance Guaranty Association. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. In provisions concerning the purpose of the Illinois Insurance Guaranty Fund Article of the Illinois Insurance Code, provides that the purpose of the Article is to also provide a mechanism for the Illinois Insurance Guaranty Fund to participate in and facilitate the process by which the assets of an insolvent company are marshaled and distributed beyond reimbursing the cost of covered claims, and that these provisions are inoperative 5 years after the effective date of the amendatory Act. Provides that language allowing the Fund to contract with the Office of Special Deputy Receiver or any other person or organizations authorized by law to carry out the duties of the Director in her or his capacity as a receiver under Article XIII of the Code are inoperative 5 years after the effective date of the amendatory Act. Removes provisions allowing the Illinois Insurance Guaranty Fund to contract to provide services to the Illinois Life and Health Insurance Guaranty Association and organizations in another state similar to the Illinois Insurance Guaranty Fund or the Illinois Life and Health Insurance Guaranty Association. Makes other changes. Effective immediately.

House Committee Amendment No. 1
Deletes reference to:
215 ILCS 5/532
215 ILCS 5/538
215 ILCS 5/538.7
Adds reference to:
215 ILCS 5/1from Ch. 73, par. 613

Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the short title.

House Floor Amendment No. 2
Deletes reference to:
215 ILCS 5/1from Ch. 73, par. 613
Adds reference to:
New Act
20 ILCS 3501/801-1
20 ILCS 3501/801-5
20 ILCS 3501/801-10
20 ILCS 3501/801-40
20 ILCS 3501/Art. 850 heading new
20 ILCS 3501/850-5 new
20 ILCS 3501/850-10 new
20 ILCS 3501/850-15 new
5 ILCS 100/5-45.9 new
5 ILCS 420/1-121 new
5 ILCS 420/4A-102from Ch. 127, par. 604A-102
5 ILCS 420/4A-103from Ch. 127, par. 604A-103
5 ILCS 430/5-50
20 ILCS 605/605-1075 new
20 ILCS 627/15
20 ILCS 627/40 new
20 ILCS 627/45 new
20 ILCS 627/55 new
20 ILCS 627/60 new
20 ILCS 655/5.5from Ch. 67 1/2, par. 609.1
20 ILCS 1505/1505-215
20 ILCS 1505/1505-220 new
20 ILCS 3125/10
20 ILCS 3125/15
20 ILCS 3125/20
20 ILCS 3125/30
20 ILCS 3125/40
20 ILCS 3125/45
20 ILCS 3125/55 new
20 ILCS 3855/1-5
20 ILCS 3855/1-10
20 ILCS 3855/1-20
20 ILCS 3855/1-35
20 ILCS 3855/1-56
20 ILCS 3855/1-70
20 ILCS 3855/1-75
20 ILCS 3855/1-92
20 ILCS 3855/1-125
20 ILCS 3855/1-128 new
30 ILCS 105/5.427
30 ILCS 105/5.935 new
30 ILCS 105/5.936 new
30 ILCS 105/5.937 new
30 ILCS 500/1-10
30 ILCS 575/4f
30 ILCS 575/7from Ch. 127, par. 132.607
35 ILCS 200/1-130
35 ILCS 200/10-5
35 ILCS 200/10-610
105 ILCS 5/10-22.11from Ch. 122, par. 10-22.11
220 ILCS 5/4-604 new
220 ILCS 5/4-604.5 new
220 ILCS 5/4-605 new
220 ILCS 5/5-117
220 ILCS 5/8-103B
220 ILCS 5/8-201.7 new
220 ILCS 5/8-201.8 new
220 ILCS 5/8-201.9 new
220 ILCS 5/8-201.10 new
220 ILCS 5/8-218 new
220 ILCS 5/8-402.2 new
220 ILCS 5/8-406from Ch. 111 2/3, par. 8-406
220 ILCS 5/8-512 new
220 ILCS 5/9-228 new
220 ILCS 5/9-229
220 ILCS 5/9-241from Ch. 111 2/3, par. 9-241
220 ILCS 5/16-105.5 new
220 ILCS 5/16-105.6 new
220 ILCS 5/16-105.7 new
220 ILCS 5/16-105.10 new
220 ILCS 5/16-105.17 new
220 ILCS 5/16-107.5
220 ILCS 5/16-107.6
220 ILCS 5/16-108
220 ILCS 5/16-108.18 new
220 ILCS 5/16-108.19 new
220 ILCS 5/16-108.20 new
220 ILCS 5/16-108.21 new
220 ILCS 5/16-108.25 new
220 ILCS 5/16-108.30 new
220 ILCS 5/16-111.5
220 ILCS 5/16-111.10 new
220 ILCS 5/16-127
220 ILCS 5/16-135 new
220 ILCS 5/17-900 new
415 ILCS 5/3.131 new
415 ILCS 5/9.15
415 ILCS 5/9.18 new
415 ILCS 5/22.59
415 ILCS 120/1
415 ILCS 120/5
415 ILCS 120/10
415 ILCS 120/15
415 ILCS 120/27 new
415 ILCS 120/35
415 ILCS 120/40
415 ILCS 120/45
415 ILCS 120/20 rep.
415 ILCS 120/22 rep.
415 ILCS 120/24 rep.
415 ILCS 120/30 rep.
415 ILCS 120/31 rep.
415 ILCS 120/32 rep.
625 ILCS 5/13C-10
820 ILCS 65/10

Replaces everything after the enacting clause. Creates the Energy Transition Act. Includes provisions regarding: Regional Administrators; the Clean Jobs Workforce Network Program; the Clean Jobs Curriculum; the Energy Transition Barrier Reduction Program; Energy Transition Navigators; the Illinois Climate Works Preapprenticeship Program; the Clean Energy Contractor Incubator Program; the Returning Residents Clean Jobs Training Program; the Clean Energy Primes Contractor Accelerator Program; the Jobs and Environmental Justice Grant Program; and the Energy Workforce Advisory Council. Repeals the Act 24 years after the effective date. Creates the Energy Community Reinvestment Act. Includes provisions regarding: the Energy Transition Workforce Commission; the Energy Transition Community Grants; the Displaced Energy Workers Bill of Rights; the Displaced Energy Worker Dependent Transition Scholarship; an Energy Community Investment Report; and administrative review. Repeals the Act 24 years after the effective date. Creates the Community, Energy, Climate, and Jobs Planning Act. Includes provisions regarding: the creation of Community Energy, Climate, and Jobs Plans; the Community Energy, Climate, and Jobs Planning process; and joint Community Energy, Climate, and Jobs Plans. Repeals the Act 24 years after the effective date. Creates the Clean Energy Jobs and Justice Fund Act. Includes provisions regarding: the Clean Energy Jobs and Justice Fund; the board of directors; powers and duties; primary responsibilities in early program development; executive director and fund management; and dissolution of the Fund. Repeals the Act 24 years after the effective date. Makes additional and conforming changes in: the Illinois Finance Authority Act; the Illinois Administrative Procedure Act; the Illinois Governmental Ethics Act; the State Officials and Employees Ethics Act; the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois; the Electric Vehicle Act; the Illinois Enterprise Zone Act; the Department of Labor Law of the Civil Administrative Code of Illinois; the Energy Efficient Building Act; the Illinois Power Agency Act; the State Finance Act; the Illinois Procurement Code; the Business Enterprise for Minorities, Women, and Persons with Disabilities Act; the Property Tax Code; the School Code; the Public Utilities Act; the Environmental Protection Act; the Alternate Fuels Act (and renames it the Electric Vehicle Rebate Act); the Illinois Vehicle Code; and the Illinois Worker Adjustment and Retraining Notification Act. Makes other changes. Effective immediately.

House Floor Amendment No. 4
In provisions of the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois concerning the Energy Transition Assistance Fund: removes language requiring the available funding for each year to be allocated from the Fund starting in delivery year 2026 and ending in delivery year 2035, for costs related to emissions reductions from municipal coal-fired units, up to $20,000,000 annually; provides that the amount of funding needs of the programs reliant on the Fund shall not exceed $180,000,000 (rather than $200,000,000); and removes language requiring the Department of Commerce and Economic Opportunity to determine the appropriate annual level of financial support for municipal coal-fired units receiving funding to facilitate emissions reductions projects. In provisions of the Public Utilities Act concerning the Energy Transition Assistance Fund, provides that, for each utility, the energy transition assistance charge shall not exceed 1.3% (rather than 1.45%) of the amount paid per kilowatthour by those customers during the year ending May 31, 2009. In provisions of the Environmental Protection Act concerning greenhouse gases, provides that if the emissions reduction requirement is not achieved by December 31, 2035, the plant shall retire one or more units or otherwise reduce its COe emissions by 45% from existing emissions by June 30, 2038.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Napoleon Harris, III
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/23/2021SenateAssigned to Insurance
  4/8/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Napoleon Harris, III
  4/8/2021SenateSenate Committee Amendment No. 1 Referred to Assignments
  4/13/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
  4/14/2021SenateSenate Committee Amendment No. 1 Adopted
  4/15/2021SenateDo Pass Insurance; 010-000-000
  4/15/2021SenatePlaced on Calendar Order of 2nd Reading April 20, 2021
  4/15/2021SenateAdded as Co-Sponsor Sen. Steven M. Landek
  4/21/2021SenateSecond Reading
  4/21/2021SenatePlaced on Calendar Order of 3rd Reading ** April 22, 2021
  4/23/2021SenateThird Reading - Passed; 058-000-000
  4/26/2021HouseArrived in House
  4/26/2021HouseChief House Sponsor Rep. Jay Hoffman
  4/27/2021HouseFirst Reading
  4/27/2021HouseReferred to Rules Committee
  5/4/2021HouseAssigned to Executive Committee
  5/13/2021HouseCommittee/Final Action Deadline Extended-9(b) May 28, 2021
  5/18/2021HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Greg Harris
  5/18/2021HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/18/2021HouseHouse Committee Amendment No. 1 Rules Refers to Executive Committee
  5/18/2021HouseAlternate Chief Sponsor Changed to Rep. Greg Harris
  5/19/2021HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  5/19/2021HouseDo Pass as Amended / Short Debate Executive Committee; 009-006-000
  5/19/2021HousePlaced on Calendar 2nd Reading - Short Debate
  5/26/2021HouseSecond Reading - Short Debate
  5/26/2021HouseHeld on Calendar Order of Second Reading - Short Debate
  5/28/2021HouseFinal Action Deadline Extended-9(b) May 31, 2021
  6/2/2021HouseRule 19(a) / Re-referred to Rules Committee
  9/8/2021HouseApproved for Consideration Rules Committee; 003-002-000
  9/8/2021HousePlaced on Calendar 2nd Reading - Short Debate
  9/9/2021HouseAlternate Chief Sponsor Changed to Rep. Marcus C. Evans, Jr.
  9/9/2021HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Marcus C. Evans, Jr.
  9/9/2021HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  9/9/2021HouseHouse Floor Amendment No. 2 Rules Refers to Executive Committee
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Robyn Gabel
  9/9/2021HouseHouse Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 009-006-000
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Rita Mayfield
  9/9/2021HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Charles Meier
  9/9/2021HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  9/9/2021HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. Jay Hoffman
  9/9/2021HouseHouse Floor Amendment No. 4 Referred to Rules Committee
  9/9/2021HouseAdded Alternate Chief Co-Sponsor Rep. Jay Hoffman
  9/9/2021HouseAdded Alternate Chief Co-Sponsor Rep. Ann M. Williams
  9/9/2021HouseAdded Alternate Chief Co-Sponsor Rep. Robyn Gabel
  9/9/2021HouseAlternate Co-Sponsor Removed Rep. Robyn Gabel
  9/9/2021HouseAdded Alternate Chief Co-Sponsor Rep. Kambium Buckner
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Daniel Didech
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Sam Yingling
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Maurice A. West, II
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Dave Vella
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Denyse Wang Stoneback
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Edgar Gonzalez, Jr.
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Anne Stava-Murray
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Jonathan Carroll
  9/9/2021HouseHouse Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 003-001-000
  9/9/2021HouseHouse Floor Amendment No. 2 Adopted
  9/9/2021HouseHouse Floor Amendment No. 5 Filed with Clerk by Rep. Dan Ugaste
  9/9/2021HouseHouse Floor Amendment No. 5 Referred to Rules Committee
  9/9/2021HouseHouse Floor Amendment No. 4 Adopted
  9/9/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  9/9/2021HouseThird Reading - Short Debate - Passed 083-033-000
  9/9/2021HouseMotion Filed to Reconsider Vote Rep. Delia C. Ramirez
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Anna Moeller
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Bob Morgan
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Jennifer Gong-Gershowitz
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Delia C. Ramirez
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Lindsey LaPointe
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Will Guzzardi
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Jehan Gordon-Booth
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Theresa Mah
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Deb Conroy
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Eva-Dina Delgado
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Aaron M. Ortiz
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. LaToya Greenwood
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Greg Harris
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. John C. D'Amico
  9/9/2021HouseAdded Alternate Co-Sponsor Rep. Barbara Hernandez
  9/10/2021HouseMotion to Reconsider Vote - Withdrawn Rep. Delia C. Ramirez
  9/10/2021SenateAdded as Co-Sponsor Sen. Patrick J. Joyce
  9/13/2021SenateChief Sponsor Changed to Sen. Don Harmon
  9/13/2021SenateAdded as Chief Co-Sponsor Sen. Michael E. Hastings
  9/13/2021SenateAdded as Chief Co-Sponsor Sen. Bill Cunningham
  9/13/2021SenateChief Co-Sponsor Changed to Sen. Michael E. Hastings
  9/13/2021SenateChief Co-Sponsor Changed to Sen. Bill Cunningham
  9/13/2021SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2, 4
  9/13/2021SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 2, 4 - September 13, 2021
  9/13/2021SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon
  9/13/2021SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments
  9/13/2021SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Don Harmon
  9/13/2021SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments
  9/13/2021SenateHouse Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. Don Harmon
  9/13/2021SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments
  9/13/2021SenateHouse Committee Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
  9/13/2021SenateHouse Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
  9/13/2021SenateHouse Floor Amendment No. 4 Motion to Concur Be Approved for Consideration Assignments
  9/13/2021SenateHouse Committee Amendment No. 1 3/5 Vote Required
  9/13/2021SenateHouse Committee Amendment No. 1 Senate Concurs 037-017-003
  9/13/2021SenateHouse Floor Amendment No. 2 3/5 Vote Required
  9/13/2021SenateHouse Floor Amendment No. 2 Senate Concurs 037-017-003
  9/13/2021SenateHouse Floor Amendment No. 4 3/5 Vote Required
  9/13/2021SenateHouse Floor Amendment No. 4 Senate Concurs 037-017-003
  9/13/2021SenateSenate Concurs
  9/13/2021SenatePassed Both Houses
  9/13/2021SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
  9/13/2021SenateAdded as Co-Sponsor Sen. Laura Fine
  9/13/2021SenateAdded as Co-Sponsor Sen. Ann Gillespie
  9/14/2021SenateSent to the Governor
  9/15/2021SenateGovernor Approved
  9/15/2021SenateEffective Date September 15, 2021
  9/15/2021SenatePublic Act . . . . . . . . . 102-0662
  9/16/2021SenateAdded as Co-Sponsor Sen. Robert Peters
  10/19/2021SenateAdded as Chief Co-Sponsor Sen. Cristina Castro
  11/17/2021SenateAdded as Co-Sponsor Sen. Mattie Hunter
  11/17/2021SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas
  2/23/2022SenateAdded as Chief Co-Sponsor Sen. Melinda Bush

Back To Top