Bill Status of SB 2590   98th General Assembly

Short Description:  INS CD-TRAVEL INSURANCE

Senate Sponsors
Sen. William R. Haine

House Sponsors
(Rep. Frank J. Mautino and Monique D. Davis)


Last Action  View All Actions

DateChamber Action
  11/24/2014SenateTotal Veto Stands No Positive Action Taken

Statutes Amended In Order of Appearance
215 ILCS 5/500-10
215 ILCS 5/500-100
215 ILCS 5/500-108 new
215 ILCS 5/500-135

Synopsis As Introduced
Amends the Illinois Insurance Code. Makes a change in the provision concerning limited lines producer licenses. Provides that the Director of Insurance may issue to a business entity that has filed with the Department an application for a limited license, in a form and manner prescribed by the Director, a limited lines travel insurance producer license that authorizes the limited lines travel insurance producer to sell, solicit, or negotiate travel insurance through a licensed insurer. Provides that notwithstanding any other provision of law, a travel retailer may offer and disseminate travel insurance on behalf of and under a limited lines producer business entity license only if certain conditions are met. Prohibits a travel retailer's employee or authorized representative who is not licensed as an insurance producer from certain actions. Provides that a travel retailer whose insurance-related activities, and those of its employees and authorized representatives, are limited to offering and disseminating travel insurance on behalf of and under the direction of a limited lines producer meeting certain conditions is authorized to do so and receive related compensation upon registration by the limited lines producer. Provides that travel insurance may be provided under an individual policy or under a group or master policy. Provides that as the insurer designee, the limited lines producer is responsible for the acts of the travel retailer and the travel insurance supervising entity and shall use reasonable means to ensure compliance by the travel retailer with the provision concerning travel insurance limited line license for limited lines travel insurance producers. Requires an annual fee of $90 for a limited lines producer license.

Senate Committee Amendment No. 1
Deletes reference to:
215 ILCS 5/500-135

Replaces everything after the enacting clause with the introduced bill with the following changes: In provisions concerning travel insurance limited line licenses for limited lines travel insurance producers, removes the definition of "limited lines travel insurance producer", adds a definition of "travel insurance business enterprise", and makes changes in the definition of "travel retailer"; authorizes the Director of Insurance to issue producer licenses to certain travel insurance business enterprises (rather than authorizing the Director to issue a limited lines travel insurance producer license to a business entity that has filed an application for a limited license); and changes references from "limited lines producer" to "travel insurance business enterprise". Removes changes concerning fees. Makes other changes.

Actions 
DateChamber Action
  5/31/2013SenateFiled with Secretary by Sen. William R. Haine
  5/31/2013SenateFirst Reading
  5/31/2013SenateReferred to Assignments
  1/29/2014SenateAssigned to Insurance
  2/4/2014SenateWaive Posting Notice
  2/5/2014SenatePostponed - Insurance
  3/20/2014SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
  3/20/2014SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/25/2014SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
  3/26/2014SenateSenate Committee Amendment No. 1 Adopted
  3/27/2014SenateDo Pass as Amended Insurance; 010-000-000
  3/27/2014SenatePlaced on Calendar Order of 2nd Reading April 1, 2014
  4/7/2014SenateSecond Reading
  4/7/2014SenatePlaced on Calendar Order of 3rd Reading April 8, 2014
  4/9/2014SenateThird Reading - Passed; 058-000-000
  4/10/2014HouseArrived in House
  4/30/2014HouseChief House Sponsor Rep. Frank J. Mautino
  4/30/2014HouseFirst Reading
  4/30/2014HouseReferred to Rules Committee
  4/30/2014HouseAssigned to Insurance Committee
  5/6/2014HouseDo Pass / Short Debate Insurance Committee; 023-000-000
  5/6/2014HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino
  5/6/2014HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/7/2014HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  5/7/2014HousePlaced on Calendar 2nd Reading - Short Debate
  5/8/2014HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino
  5/8/2014HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/13/2014HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  5/22/2014HouseSecond Reading - Short Debate
  5/22/2014HouseHeld on Calendar Order of Second Reading - Short Debate
  5/23/2014HouseFinal Action Deadline Extended-9(b) May 30, 2014
  5/30/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/30/2014HouseThird Reading - Short Debate - Passed 113-000-000
  5/30/2014SenatePassed Both Houses
  6/27/2014SenateSent to the Governor
  8/26/2014SenateGovernor Vetoed
  11/7/2014SenatePlaced Calendar Total Veto November 19, 2014
  11/24/2014SenateTotal Veto Stands No Positive Action Taken

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