Bill Status of SB 1758   98th General Assembly


Short Description:  INS CD-LIMITED LINES LICENSE

Senate Sponsors
Sen. William R. Haine

House Sponsors
(Rep. Frank J. Mautino-Norine Hammond)


Last Action  View All Actions

DateChamber Action
  8/2/2013SenatePublic Act . . . . . . . . . 98-0159

Statutes Amended In Order of Appearance
215 ILCS 5/500-20
215 ILCS 5/500-100
215 ILCS 5/500-135

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that a license as an insurance producer shall not be required of a person selling or soliciting lines of insurance that are exempt from the definition of insurance in the provision of the Code concerning financial institutions. Includes credit life and credit accident and health insurance and other credit insurance policies approved or permitted by the Director of Insurance among the classes of insurance for which a person may obtain a limited lines producer license; makes a corresponding change concerning fees. Provides that a credit insurance company must conduct a training program in which an applicant shall receive basic instruction about the credit insurance products that they will be selling. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
215 ILCS 5/500-20

Deletes language providing that a license as an insurance producer shall not be required of a person selling or soliciting lines of insurance that are exempt from the definition of insurance in the provision of the Illinois Insurance Code concerning financial institutions insurance sales.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. William R. Haine
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  2/27/2013SenateAssigned to Insurance
  3/6/2013SenatePostponed - Insurance
  3/12/2013SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
  3/12/2013SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/13/2013SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
  3/13/2013SenateSenate Committee Amendment No. 1 Adopted
  3/13/2013SenateDo Pass as Amended Insurance; 009-000-000
  3/13/2013SenatePlaced on Calendar Order of 2nd Reading March 14, 2013
  3/21/2013SenateSecond Reading
  3/21/2013SenatePlaced on Calendar Order of 3rd Reading April 10, 2013
  4/10/2013SenateThird Reading - Passed; 055-000-000
  4/10/2013HouseArrived in House
  4/12/2013HouseChief House Sponsor Rep. Frank J. Mautino
  4/12/2013HouseFirst Reading
  4/12/2013HouseReferred to Rules Committee
  4/24/2013HouseAssigned to Insurance Committee
  5/1/2013HouseAdded Alternate Chief Co-Sponsor Rep. Norine Hammond
  5/2/2013HouseDo Pass / Short Debate Insurance Committee; 021-000-000
  5/2/2013HousePlaced on Calendar 2nd Reading - Short Debate
  5/7/2013HouseSecond Reading - Short Debate
  5/7/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/9/2013HouseThird Reading - Short Debate - Passed 115-000-000
  5/9/2013SenatePassed Both Houses
  6/6/2013SenateSent to the Governor
  8/2/2013SenateGovernor Approved
  8/2/2013SenateEffective Date August 2, 2013
  8/2/2013SenatePublic Act . . . . . . . . . 98-0159

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