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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4508 Introduced 1/21/2022, by Rep. Jay Hoffman SYNOPSIS AS INTRODUCED:
| | 820 ILCS 305/4a-1 | from Ch. 48, par. 138.4a-1 |
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Amends the Workers' Compensation Act. Makes a technical change to a Section
concerning the Self-Insurers Advisory Board.
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| | A BILL FOR |
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| | HB4508 | | LRB102 24908 SPS 34159 b |
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| 1 | | AN ACT concerning employment.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Workers' Compensation Act is amended by |
| 5 | | changing Section 4a-1 as follows:
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| 6 | | (820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
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| 7 | | Sec. 4a-1.
The
The Self-Insurers Advisory Board is hereby |
| 8 | | established
within the Commission for the purpose of providing |
| 9 | | for the continuation of
workers' compensation and occupational |
| 10 | | disease benefits due and unpaid or
interrupted due to the |
| 11 | | inability of an insolvent self-insurer as defined in
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| 12 | | subsection (d) of Section 4a-2 to meet its compensation |
| 13 | | obligations when
the employers' financial resources, security |
| 14 | | deposit, guaranty agreements,
surety agreements and excess |
| 15 | | insurance are either inadequate or not
immediately accessible |
| 16 | | for the payment of benefits, and to review and
recommend to the |
| 17 | | Chairman of the Commission the disposition of all initial
and |
| 18 | | renewal applications to self-insure filed by private |
| 19 | | self-insurers
under this Act and the Workers' Occupational |
| 20 | | Diseases Act. |
| 21 | | (Source: P.A. 85-1385.)
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