House Sponsors: GRANBERG-GIGLIO-LANG-DART, MCGUIRE AND O'BRIEN. Senate Sponsors: CRONIN-LINK-SHADID Short description: INS WORKERS COMP-CONST RATES Synopsis of Bill as introduced: Amends the Illinois Insurance Code. Provides that with respect to employers correctly classified within the construction industry, the amount charged to the insured for workers' compensation and employers' liability insurance shall be based upon hours worked by employees in specific job categories or classifications, not the wages or salaries paid to the employees. FISCAL NOTE (Dept. of Insurance) HB 3903 creates an indeterminable fiscal impact to the Depart- ment, specifically in the first year of enactment. There may be a need for additional personnel, and it will require training Department personnel to ensure that companies are in compliance with the provisions. HB 3903 will also require a complete re- filing of the workers' compensation rates, rate manuals, and policies, which will necessitate a complete actuarial evalua- tion by the Department to ensure that companies are in compli- ance with the provisions. STATE MANDATES NOTE (Dept. of Commerce and Community Affairs) HB 3903 does not create a State mandate under the State Man- dates Act. HOME RULE NOTE (Dept. of Commerce and Community Affairs) HB 3903 does not contain language indicating a pre-emption of the powers and functions of home rule units. Therefore, it does not pre-empt home rule authority. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status