Illinois General Assembly - Full Text of SB0917
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Full Text of SB0917  94th General Assembly

SB0917 94TH GENERAL ASSEMBLY


 


 
94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0917

 

Introduced 2/18/2005, by Sen. William R. Haine - Emil Jones, Jr.

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/801.1

    Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the legislative purpose of the mine subsidence insurance Article of the Act.


LRB094 04520 LJB 34549 b

 

 

A BILL FOR

 

SB0917 LRB094 04520 LJB 34549 b

1     AN ACT concerning regulation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Insurance Code is amended by
5 changing Section 801.1 as follows:
 
6     (215 ILCS 5/801.1)
7     Sec. 801.1. Purpose. The The purpose of this Article is to
8 require insurers to make mine subsidence insurance coverage
9 available for residences, living units and commercial
10 buildings located in Illinois; to establish the Illinois Mine
11 Subsidence Insurance Fund; to divide the Fund into separate
12 residential and commercial sub-funds; and to make the Fund the
13 reinsurer for the mine subsidence insurance made available
14 under this Article.
15 (Source: P.A. 88-379.)