Illinois General Assembly - Bill Status for SB0131
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 Bill Status of SB0131  96th General Assembly

Short Description:  INS PRODUCER LICENSE

Senate Sponsors
Sen. Mike Jacobs and Bill Brady

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/500-30
215 ILCS 5/500-35

Synopsis As Introduced
Amends the Illinois Insurance Code. Increases the number of hours a person must complete for an insurance producer license. Provides that before each license renewal, an insurance producer must satisfactorily complete at least 24 hours (instead of 30 hours) of course study and that at lease 3 hours must consist of classroom ethics instruction. Specifies that the pre-licensing course of study must be before the insurance exam. Provides that 7.5 hours of each pre-licensing course must be completed in a classroom setting, except Motor Vehicle, which would require 5 hours in a classroom setting. Imposes conditions on any rulemaking authority.

DateChamber Action
  1/30/2009SenateFiled with Secretary by Sen. Mike Jacobs
  1/30/2009SenateFirst Reading
  1/30/2009SenateReferred to Assignments
  2/4/2009SenateAssigned to Insurance
  2/4/2009SenateAdded as Co-Sponsor Sen. Bill Brady
  3/13/2009SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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