Date	Chamber	Action
8/13/2007	House	Public Act . . . . . . . . . 95-0086

Statutes Amended In Order of Appearance

215 ILCS 5/531.09

from Ch. 73, par. 1065.80-9

Synopsis As Introduced
Amends the Illinois Insurance Code. In an Article involving the Illinois Life and Health Insurance Guaranty Association, provides that the amount of any Class A assessment for member insurers shall be determined at the discretion of the board of directors of the Association and such assessments shall be authorized and called on a non pro-rata basis (instead of the amount being determined by the board, which may be made on a non-pro rata basis). Deletes a provision stating that such assessments shall not exceed $200 per company in any one calendar year.

House Amendment No. 1

	Adds reference to:
	215 ILCS 5/223	from Ch. 73, par. 835

Further amends the Illinois Insurance Code. In a Section involving the valuation of reserve liabilities, provides that other assumptions may be incorporated into the reserve calculation to the extent permitted by the National Association of Insurance Commissioners' Accounting Practices and Procedures Manual.

Actions 

Date	Chamber	Action
2/8/2007	House	Filed with the Clerk by Rep. Mark H. Beaubien, Jr.
2/8/2007	House	First Reading
2/8/2007	House	Referred to Rules Committee
2/15/2007	House	Assigned to Insurance Committee
2/28/2007	House	House Amendment No. 1 Filed with Clerk by Insurance Committee
2/28/2007	House	House Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
2/28/2007	House	Do Pass as Amended / Short Debate Insurance Committee; 015-000-000
3/1/2007	House	Placed on Calendar 2nd Reading - Short Debate
3/2/2007	House	Second Reading - Short Debate
3/2/2007	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/8/2007	House	Third Reading - Short Debate - Passed 106-000-000
3/13/2007	Senate	Arrive in Senate
3/13/2007	Senate	Placed on Calendar Order of First Reading March 14, 2007
3/14/2007	Senate	Chief Senate Sponsor Sen. William E. Peterson
3/20/2007	Senate	First Reading
3/20/2007	Senate	Referred to Rules
3/30/2007	Senate	Assigned to Insurance
4/19/2007	Senate	Do Pass Insurance; 009-000-000
4/19/2007	Senate	Placed on Calendar Order of 2nd Reading April 20, 2007
4/26/2007	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
5/3/2007	Senate	Second Reading
5/3/2007	Senate	Placed on Calendar Order of 3rd Reading May 8, 2007
5/16/2007	Senate	Third Reading - Passed; 057-000-001
5/16/2007	House	Passed Both Houses
6/14/2007	House	Sent to the Governor
8/13/2007	House	Governor Approved
8/13/2007	House	Effective Date January 1, 2008
8/13/2007	House	Public Act . . . . . . . . . 95-0086

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