Illinois General Assembly - Bill Status for HB3408
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 Bill Status of HB3408  103rd General Assembly


Short Description:  WORKERS COMP-REVIEW-COLLATERAL

House Sponsors
Rep. Dan Ugaste

Last Action
DateChamber Action
  2/22/2024HouseTo Business & Industry Innovation Subcommittee

Statutes Amended In Order of Appearance
820 ILCS 305/19from Ch. 48, par. 138.19


Synopsis As Introduced
Amends the Workers' Compensation Act. Provides that, when a bond is required because a party against whom the Illinois Workers' Compensation Commission rendered an award for the payment of money seeks judicial review of the award, the bond requirement may be satisfied by posting collateral or guarantee of payment, which may include an insurance policy, a certificate of self-insurance, or funds in an escrow account. Effective immediately.

Actions 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Dan Ugaste
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Labor & Commerce Committee
  3/8/2023HouseTo Business & Industry Innovation Subcommittee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee
  2/14/2024HouseAssigned to Labor & Commerce Committee
  2/22/2024HouseTo Business & Industry Innovation Subcommittee

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