94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB0578

 

Introduced 1/27/2005, by Rep. Michael K. Smith - Donald L. Moffitt

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/143e new
425 ILCS 25/13.1   from Ch. 127 1/2, par. 17.1

    Amends the Illinois Insurance Code. Requires motor vehicle insurers to contribute up to 1% of premium receipts to the Department of Financial and Professional Regulation. Requires the Department to pay the money received to the Fire Prevention Fund. Amends the Fire Investigation Act to include the payments contributed by the motor vehicle insurers to the Department into the Fire Prevention Fund.


LRB094 06433 LJB 36521 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0578 LRB094 06433 LJB 36521 b

1     AN ACT concerning insurance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Insurance Code is amended by adding
5 Section 143e as follows:
 
6     (215 ILCS 5/143e new)
7     Sec. 143e. Motor vehicle insurer contribution to Fire
8 Prevention Fund. Every insurance company offering motor
9 vehicle insurance and every other personal or business entity
10 doing any form of motor vehicle insurance business in the State
11 of Illinois, shall pay to the Department of Financial and
12 Professional Regulation in the month of March, an amount as may
13 be assessed by the Department, which may not exceed 1% of the
14 gross motor vehicle premium receipts of the company or other
15 entity from business done in the State of Illinois during the
16 preceding year, and shall make an annual report or statement
17 under oath to the Department specifying the amount of motor
18 vehicle premiums received during the preceding year. The
19 Department of Financial and Professional Regulation shall pay
20 the money so received into the Fire Prevention Fund, to be used
21 as specified in Section 13.1 of the Fire Investigation Act.
 
22     Section 10. The Fire Investigation Act is amended by
23 changing Section 13.1 as follows:
 
24     (425 ILCS 25/13.1)  (from Ch. 127 1/2, par. 17.1)
25     Sec. 13.1. (a) There shall be a special fund in the State
26 Treasury known as the Fire Prevention Fund.
27     (b) The following moneys shall be deposited into the Fund:
28         (1) Moneys received by the Department of Insurance
29     under Section 12 of this Act and Section 143e of the
30     Illinois Insurance Code.

 

 

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1         (2) All fees and reimbursements received by the Office
2     of the State Fire Marshal.
3         (3) All receipts from boiler and pressure vessel
4     certification, as provided in Section 13 of the Boiler and
5     Pressure Vessel Safety Act.
6         (4) Such other moneys as may be provided by law.
7     (c) The moneys in the Fire Prevention Fund shall be used,
8 subject to appropriation, for the following purposes:
9         (1) Of the moneys deposited into the fund under Section
10     12 of this Act, 12.5% shall be available for the
11     maintenance of the Illinois Fire Service Institute and the
12     expenses, facilities, and structures incident thereto, and
13     for making transfers into the General Obligation Bond
14     Retirement and Interest Fund for debt service requirements
15     on bonds issued by the State of Illinois after January 1,
16     1986 for the purpose of constructing a training facility
17     for use by the Institute.
18         (2) Of the moneys deposited into the Fund under Section
19     12 of this Act, 10% shall be available for the maintenance
20     of the Chicago Fire Department Training Program and the
21     expenses, facilities and structures incident thereto, in
22     addition to any moneys payable from the Fund to the City of
23     Chicago pursuant to the Illinois Fire Protection Training
24     Act.
25         (3) For making payments to local governmental agencies
26     and individuals pursuant to Section 10 of the Illinois Fire
27     Protection Training Act.
28         (4) For the maintenance and operation of the Office of
29     the State Fire Marshal, and the expenses incident thereto.
30         (5) For any other purpose authorized by law.
31     (d) Any portion of the Fire Prevention Fund remaining
32 unexpended at the end of any fiscal year which is not needed
33 for the maintenance and expenses of the Office of the State
34 Fire Marshal or the maintenance and expenses of the Illinois
35 Fire Service Institute, shall remain in the Fire Prevention
36 Fund for the exclusive and restricted uses provided in

 

 

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1 subsection (c) of this Section.
2     (e) The Office of the State Fire Marshal shall keep on file
3 an itemized statement of all expenses incurred which are
4 payable from the Fund, other than expenses incurred by the
5 Illinois Fire Service Institute, and shall approve all vouchers
6 issued therefor before they are submitted to the State
7 Comptroller for payment. Such vouchers shall be allowed and
8 paid in the same manner as other claims against the State.
9 (Source: P.A. 93-870, eff. 1-1-05.)