HB0578 94TH GENERAL ASSEMBLY

LRB094 06433 LJB 36521 b

94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB0578

Introduced 1/27/2005, by Rep. Michael K. Smith - Donald L. Moffitt

SYNOPSIS AS INTRODUCED:

215 ILCS 5/143e new
425 ILCS 25/13.1	from Ch. 127 1/2, par. 17.1

Amends the Illinois Insurance Code. Requires motor vehicle insurers to contribute up to 1% of premium receipts to the Department of Financial and Professional Regulation. Requires the Department to pay the money received to the Fire Prevention Fund. Amends the Fire Investigation Act to include the payments contributed by the motor vehicle insurers to the Department into the Fire Prevention Fund.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning insurance.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Insurance Code is amended by adding Section 143e as follows:

(215 ILCS 5/143e new)

Sec. 143e. Motor vehicle insurer contribution to Fire Prevention Fund. Every insurance company offering motor vehicle insurance and every other personal or business entity doing any form of motor vehicle insurance business in the State of Illinois, shall pay to the Department of Financial and Professional Regulation in the month of March, an amount as may be assessed by the Department, which may not exceed 1% of the gross motor vehicle premium receipts of the company or other entity from business done in the State of Illinois during the preceding year, and shall make an annual report or statement under oath to the Department specifying the amount of motor vehicle premiums received during the preceding year. The Department of Financial and Professional Regulation shall pay the money so received into the Fire Prevention Fund, to be used as specified in Section 13.1 of the Fire Investigation Act.

Section 10. The Fire Investigation Act is amended by changing Section 13.1 as follows:

(425 ILCS 25/13.1) (from Ch. 127 1/2, par. 17.1)

Sec. 13.1. (a) There shall be a special fund in the State Treasury known as the Fire Prevention Fund.

(b) The following moneys shall be deposited into the Fund:

(1) Moneys received by the Department of Insurance under Section 12 of this Act and Section 143e of the Illinois Insurance Code.

(2) All fees and reimbursements received by the Office of the State Fire Marshal.

(3) All receipts from boiler and pressure vessel certification, as provided in Section 13 of the Boiler and Pressure Vessel Safety Act.

(4) Such other moneys as may be provided by law.

(c) The moneys in the Fire Prevention Fund shall be used, subject to appropriation, for the following purposes:

(1) Of the moneys deposited into the fund under Section 12 of this Act, 12.5% shall be available for the maintenance of the Illinois Fire Service Institute and the expenses, facilities, and structures incident thereto, and for making transfers into the General Obligation Bond Retirement and Interest Fund for debt service requirements on bonds issued by the State of Illinois after January 1, 1986 for the purpose of constructing a training facility for use by the Institute.

(2) Of the moneys deposited into the Fund under Section 12 of this Act, 10% shall be available for the maintenance of the Chicago Fire Department Training Program and the expenses, facilities and structures incident thereto, in addition to any moneys payable from the Fund to the City of Chicago pursuant to the Illinois Fire Protection Training Act.

(3) For making payments to local governmental agencies and individuals pursuant to Section 10 of the Illinois Fire Protection Training Act.

(4) For the maintenance and operation of the Office of the State Fire Marshal, and the expenses incident thereto.

(5) For any other purpose authorized by law.

(d) Any portion of the Fire Prevention Fund remaining unexpended at the end of any fiscal year which is not needed for the maintenance and expenses of the Office of the State Fire Marshal or the maintenance and expenses of the Illinois Fire Service Institute, shall remain in the Fire Prevention Fund for the exclusive and restricted uses provided in subsection (c) of this Section.

(e) The Office of the State Fire Marshal shall keep on file an itemized statement of all expenses incurred which are payable from the Fund, other than expenses incurred by the Illinois Fire Service Institute, and shall approve all vouchers issued therefor before they are submitted to the State Comptroller for payment. Such vouchers shall be allowed and paid in the same manner as other claims against the State.

(Source: P.A. 93-870, eff. 1-1-05.)