Illinois General Assembly - Bill Status for HB5528

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Bill Status of HB5528 101st General Assembly

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Short Description: INS CODE-VARIOUS

House Sponsors
Rep. Thaddeus Jones

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 5/131.8

from Ch. 73, par. 743.8

215 ILCS 5/131.22

from Ch. 73, par. 743.22

215 ILCS 5/131.9a rep.

Synopsis As Introduced
Amends the Illinois Insurance Code. In provisions requiring the Director of Insurance to approve specified acquisitions of control, provides that the Director shall deny the acquisition if the competence, experience, and integrity of those persons who would control the operation are such that it would not (rather than would) be in the best interests of specified individuals. In provisions concerning confidential treatment of certain information, excludes information submitted pursuant to specified provisions concerning mergers and acquisitions that is not personal financial information. Repeals duplicative provisions concerning exemptions. Effective immediately.

Actions

Date	Chamber	Action
2/14/2020	House	Filed with the Clerk by Rep. Thaddeus Jones
2/18/2020	House	First Reading
2/18/2020	House	Referred to Rules Committee
3/17/2020	House	Assigned to Insurance Committee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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