Illinois General Assembly - Bill Status for HB2290
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 Bill Status of HB2290  98th General Assembly


House Sponsors
Rep. Frank J. Mautino

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/131.1from Ch. 73, par. 743.1
215 ILCS 5/131.2from Ch. 73, par. 743.2
215 ILCS 5/131.3from Ch. 73, par. 743.3
215 ILCS 5/131.4from Ch. 73, par. 743.4
215 ILCS 5/131.5from Ch. 73, par. 743.5
215 ILCS 5/131.6from Ch. 73, par. 743.6
215 ILCS 5/131.8from Ch. 73, par. 743.8
215 ILCS 5/131.8afrom Ch. 73, par. 743.8a
215 ILCS 5/131.9a new
215 ILCS 5/131.11from Ch. 73, par. 743.11
215 ILCS 5/131.12from Ch. 73, par. 743.12
215 ILCS 5/131.12afrom Ch. 73, par. 743.12a
215 ILCS 5/131.13from Ch. 73, par. 743.13
215 ILCS 5/131.14from Ch. 73, par. 743.14
215 ILCS 5/131.14a new
215 ILCS 5/131.14b new
215 ILCS 5/131.14c new
215 ILCS 5/131.14d new
215 ILCS 5/131.16from Ch. 73, par. 743.16
215 ILCS 5/131.17from Ch. 73, par. 743.17
215 ILCS 5/131.18from Ch. 73, par. 743.18
215 ILCS 5/131.19from Ch. 73, par. 743.19
215 ILCS 5/131.20from Ch. 73, par. 743.20
215 ILCS 5/131.20afrom Ch. 73, par. 743.20a
215 ILCS 5/131.20b
215 ILCS 5/131.20c new
215 ILCS 5/131.21from Ch. 73, par. 743.21
215 ILCS 5/131.22from Ch. 73, par. 743.22
215 ILCS 5/131.23from Ch. 73, par. 743.23
215 ILCS 5/131.24from Ch. 73, par. 743.24
215 ILCS 5/131.26from Ch. 73, par. 743.26
215 ILCS 5/131.27from Ch. 73, par. 743.27
215 ILCS 5/131.29 new
215 ILCS 5/131.30 new
215 ILCS 5/356z.9 rep.
215 ILCS 5/356z.12 rep.

Synopsis As Introduced
Amends the Illinois Insurance Code in the Article concerning insurance holding company systems. Makes changes to the definitions. Provides that a domestic company, either by itself or in cooperation with one or more persons, may organize or acquire one or more subsidiaries, and that the subsidiaries may conduct any kind of business or businesses and their authority to do so shall not be limited by reason of the fact that they are subsidiaries of a domestic company. Makes changes to the provisions concerning a domestic company's permitted investments. Includes certain filing requirements in the provision concerning the acquisition of control of or merger with a domestic company. Makes changes to provisions concerning the statement that is required to be filed with the Director of Insurance. Deletes certain provisions concerning deposits made with the Director, orders entered by the Director, and reports of potential adverse economic impact made to the General Assembly by the Director. Makes changes to the provisions concerning certain violations, judicial jurisdiction, acquisitions, registration statements, reporting materials, termination of registration, disclaimers, transactions, prior notification, officers and directors, examination, confidential treatment, voting, sanctions, and judicial review. Sets forth provisions concerning exemptions, summary filing, enterprise risk filing, violations, confidentiality, and supervisory colleges. Repeals provisions concerning the delivery of certain filings and dependent coverage. Contains a severability provision. Effective on January 1, 2014, except that the provision concerning enterprise risk filing takes effect July 1, 2014.

DateChamber Action
  2/19/2013HouseFiled with the Clerk by Rep. Frank J. Mautino
  2/19/2013HouseFirst Reading
  2/19/2013HouseReferred to Rules Committee
  2/25/2013HouseAssigned to Insurance Committee
  3/12/2013HouseDo Pass / Short Debate Insurance Committee; 026-000-000
  3/13/2013HousePlaced on Calendar 2nd Reading - Short Debate
  3/21/2013HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino
  3/21/2013HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/18/2013HouseSecond Reading - Short Debate
  4/18/2013HouseHeld on Calendar Order of Second Reading - Short Debate
  4/19/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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