Illinois General Assembly - Bill Status for SB2766
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 Bill Status of SB2766  99th General Assembly

Short Description:  INS CD-HMO-FOREIGN CORP

Senate Sponsors
Sen. William R. Haine

House Sponsors
(Rep. Michael J. Zalewski)

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 125/1-2from Ch. 111 1/2, par. 1402
215 ILCS 125/1-3from Ch. 111 1/2, par. 1402.1
215 ILCS 125/2-1from Ch. 111 1/2, par. 1403
215 ILCS 125/2-4from Ch. 111 1/2, par. 1406
215 ILCS 125/2-6from Ch. 111 1/2, par. 1406.2
215 ILCS 125/3-1from Ch. 111 1/2, par. 1407.3
215 ILCS 125/5-3from Ch. 111 1/2, par. 1411.2

Synopsis As Introduced
Amends the Health Maintenance Organization Act. Makes changes to the definition of "organization" and "admitted assets". Removes language providing that a foreign corporation may qualify for a certification of authority to establish and operate a Health Maintenance Organization under the Act and makes conforming changes. Removes language concerning allocations of net worth and contingent reserves for certain companies. Removes obsolete and duplicative language concerning statutory deposits for certain organizations. Provides that Health Maintenance Organizations are subject to certain financial examination provisions of the Illinois Insurance Code. Makes technical changes. Effective immediately.

DateChamber Action
  2/17/2016SenateFiled with Secretary by Sen. William R. Haine
  2/17/2016SenateFirst Reading
  2/17/2016SenateReferred to Assignments
  3/1/2016SenateAssigned to Insurance
  4/6/2016SenateDo Pass Insurance; 011-000-000
  4/6/2016SenatePlaced on Calendar Order of 2nd Reading April 7, 2016
  4/18/2016SenateSecond Reading
  4/18/2016SenatePlaced on Calendar Order of 3rd Reading April 19, 2016
  4/20/2016SenateThird Reading - Passed; 057-000-000
  4/21/2016HouseArrived in House
  4/21/2016HouseChief House Sponsor Rep. Michael J. Zalewski
  4/21/2016HouseFirst Reading
  4/21/2016HouseReferred to Rules Committee
  1/10/2017SenateSession Sine Die

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