HB4255 99TH GENERAL ASSEMBLY

LRB099 13113 MLM 37002 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB4255

Introduced , by Rep. La Shawn K. Ford

SYNOPSIS AS INTRODUCED:

215 ILCS 5/143.35 new

Amends the Illinois Insurance Code. Requires any insurer offering certain types of insurance to offer fidelity bonds to any individual, regardless of any record of arrest, conviction, or imprisonment, upon request.

A BILL FOR

AN ACT concerning regulation.

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 143.35 as follows:

(215 ILCS 5/143.35 new)

Sec. 143.35. Fidelity bonds for individuals. Any insurer offering Class 2 insurance as described in Section 4 of this Code shall offer fidelity bonds to any individual, regardless of any record of arrest, conviction, or imprisonment, upon request.