Bill Status of SB 2944   99th General Assembly


Short Description:  INS CD-COMPANY ACTION LEVEL

Senate Sponsors
Sen. Matt Murphy

House Sponsors
(Rep. Dan Brady)


Last Action  View All Actions

DateChamber Action
  7/8/2016SenatePublic Act . . . . . . . . . 99-0542

Statutes Amended In Order of Appearance
215 ILCS 5/35A-15

Synopsis As Introduced
Amends the Insurance Code. Includes within the definition of "company action level event" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. Effective immediately.

Actions 
DateChamber Action
  2/18/2016SenateFiled with Secretary by Sen. Matt Murphy
  2/18/2016SenateFirst Reading
  2/18/2016SenateReferred to Assignments
  3/2/2016SenateAssigned to Insurance
  4/6/2016SenateDo Pass Insurance; 011-000-000
  4/6/2016SenatePlaced on Calendar Order of 2nd Reading April 7, 2016
  4/20/2016SenateSecond Reading
  4/20/2016SenatePlaced on Calendar Order of 3rd Reading April 21, 2016
  4/21/2016SenateThird Reading - Passed; 055-000-000
  4/21/2016HouseArrived in House
  4/21/2016HouseChief House Sponsor Rep. Dan Brady
  4/21/2016HouseFirst Reading
  4/21/2016HouseReferred to Rules Committee
  5/2/2016HouseAssigned to Insurance Committee
  5/10/2016HouseDo Pass / Short Debate Insurance Committee; 019-000-000
  5/11/2016HousePlaced on Calendar 2nd Reading - Short Debate
  5/18/2016HouseSecond Reading - Short Debate
  5/18/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/23/2016HouseThird Reading - Short Debate - Passed 113-000-000
  5/23/2016SenatePassed Both Houses
  6/21/2016SenateSent to the Governor
  7/8/2016SenateGovernor Approved
  7/8/2016SenateEffective Date July 8, 2016
  7/8/2016SenatePublic Act . . . . . . . . . 99-0542

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