Illinois General Assembly - Bill Status for SB0318
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 Bill Status of SB0318  93rd General Assembly

Short Description:  INS SURPLUS LINE COVERAGE

Senate Sponsors
Sen. George P. Shadid - Todd Sieben

House Sponsors
(Rep. Karen A. Yarbrough, Richard T. Bradley and Marlow H. Colvin)

Last Action
DateChamber Action
  11/6/2003SenateTotal Veto Stands

Statutes Amended In Order of Appearance
215 ILCS 5/445from Ch. 73, par. 1057


Synopsis As Introduced
Amends the Illinois Insurance Code in relation to surplus line insurance. Provides that surplus line insurance may be procured only from unauthorized insurers. Deems domestic surplus line insurers to be unauthorized insurers. Provides that a residual market mechanism is not included within the scope of the term "authorized insurer". Effective immediately.

Senate Floor Amendment No. 2
Limits the type of policies that insurance producers may procure from unauthorized insurers.

Actions 
DateChamber Action
  2/6/2003SenateFiled with Secretary by Sen. George P. Shadid
  2/6/2003SenateChief Co-Sponsor Sen. Todd Sieben
  2/6/2003SenateFirst Reading
  2/6/2003SenateReferred to Rules
  2/19/2003SenateAssigned to Insurance & Pensions
  2/27/2003SenateHeld in Insurance & Pensions
  3/3/2003SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. George P. Shadid
  3/3/2003SenateSenate Committee Amendment No. 1 Referred to Rules
  3/4/2003SenateSenate Committee Amendment No. 1 Rules Refers to Insurance & Pensions
  3/4/2003SenateSenate Committee Amendment No. 1 Tabled in Insurance & Pensions
  3/5/2003SenateDo Pass Insurance & Pensions; 009-000-000
  3/5/2003SenatePlaced on Calendar Order of 2nd Reading March 6, 2003
  3/13/2003SenateSecond Reading
  3/13/2003SenatePlaced on Calendar Order of 3rd Reading March 18, 2003
  3/27/2003SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. George P. Shadid
  3/27/2003SenateSenate Floor Amendment No. 2 Referred to Rules
  4/2/2003SenateSenate Floor Amendment No. 2 Rules Refers to Insurance & Pensions
  4/2/2003SenateSenate Floor Amendment No. 2 Be Adopted Insurance & Pensions; 009-000-000
  4/2/2003SenateRecalled to Second Reading
  4/2/2003SenateSenate Floor Amendment No. 2 Adopted; Shadid
  4/2/2003SenatePlaced on Calendar Order of 3rd Reading April 3, 2003
  4/3/2003SenateThird Reading - Passed; 058-000-000
  4/4/2003HouseArrived in House
  4/4/2003HousePlaced on Calendar Order of First Reading
  4/8/2003HouseChief House Sponsor Rep. Karen A. Yarbrough
  4/9/2003HouseFirst Reading
  4/9/2003HouseReferred to Rules Committee
  4/10/2003HouseAssigned to Executive Committee
  5/1/2003HouseRe-assigned to Insurance Committee
  5/2/2003HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
  5/7/2003HouseAdded Alternate Co-Sponsor Rep. Richard T. Bradley
  5/7/2003HouseAdded Alternate Co-Sponsor Rep. Marlow H. Colvin
  5/9/2003HouseDo Pass / Short Debate Insurance Committee; 010-000-000
  5/9/2003HousePlaced on Calendar 2nd Reading - Short Debate
  5/13/2003HouseSecond Reading - Short Debate
  5/13/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/20/2003HouseThird Reading - Short Debate - Passed 115-000-000
  5/20/2003SenatePassed Both Houses
  6/18/2003SenateSent to the Governor
  8/15/2003SenateGovernor Vetoed
  10/23/2003SenatePlaced Calendar Total Veto November 4, 2003
  11/4/2003SenateMotion Filed Override Governor Veto Sen. George P. Shadid
  11/5/2003SenateMotion Filed Override Governor Veto Sen. Todd Sieben
  11/6/2003SenateTotal Veto Stands

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