Illinois General Assembly - Bill Status for SB3381

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Bill Status of SB3381 96th General Assembly

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Short Description: CHIP-RECOUP DEFICITS

Senate Sponsors
Sen. Jeffrey M. Schoenberg

Last Action

Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 105/12

from Ch. 73, par. 1312

Synopsis As Introduced
Amends the Comprehensive Health Insurance Plan Act. Provides that any deficit incurred or expected to be incurred on behalf of eligible persons who qualify for plan coverage under the provisions concerning eligibility shall be recouped by an assessment of all insurers made in accordance with the provisions concerning deficit or surplus (instead of by an appropriation made by the General Assembly). Provides that the Comprehensive Health Insurance Plan Board shall, within 90 days after the effective date of the amendatory Act and within the first quarter of each fiscal year thereafter, assess all insurers for the anticipated deficit. Provides that the Board may also make additional assessments no more than 4 times a year to fund unanticipated deficits, implementation expenses, and cash flow needs. Makes a technical change to update Section numbering. Effective immediately.

Actions

Date	Chamber	Action
2/10/2010	Senate	Filed with Secretary by Sen. Jeffrey M. Schoenberg
2/10/2010	Senate	First Reading
2/10/2010	Senate	Referred to Assignments
2/24/2010	Senate	Assigned to Insurance
3/4/2010	Senate	Postponed - Insurance
3/8/2010	Senate	Rule 3-9(a) / Re-referred to Assignments
1/12/2011	Senate	Session Sine Die

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