Bill Status of SB 2773   103rd General Assembly

Short Description:  INS CD-INSURANCE GUARANTY FUND

Senate Sponsors
Sen. Napoleon Harris, III

Last Action  View All Actions

DateChamber Action
  1/17/2024SenateReferred to Assignments

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

Synopsis As Introduced
Amends the Illinois Insurance Guaranty Fund Article of the Illinois Insurance Code. In provisions authorizing the Illinois Insurance Guaranty 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 of Insurance in her or his capacity as a receiver and specifying a purpose of the Article, deletes language providing that those provisions are inoperative 5 years after August 16, 2021 (the effective date of Public Act 102-396). Effective immediately.

Actions 
DateChamber Action
  1/17/2024SenateFiled with Secretary by Sen. Napoleon Harris, III
  1/17/2024SenateFirst Reading
  1/17/2024SenateReferred to Assignments

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