HB 5160 Illinois House · 100th Regular Session

INS CD-DOMESTIC STOCK COMPANY

Summary

Amends the Illinois Insurance Code. Creates the Domestic Stock Company Division Article in the Code. Provides that a domestic stock company may divide into 2 or more resulting companies pursuant to a plan of division. Contains provisions concerning the contents of the plan of division, approval of the plan of division by the Director of Insurance, effects of a division, certificates of division, liabilities, and shareholder rights. Makes conforming changes in provisions concerning mergers and consolidations.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2018

Committee Review

Floor Vote

Governor

Introduced Feb 15, 2018 Last action Jan 8, 2019

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 8, 2019

House · Failed

Session Sine Die

Apr 27, 2018

House · Referred to committee

Rule 19(a) / Re-referred to Rules Committee

Apr 20, 2018

House · Amendment adopted

House Floor Amendment No. 1 Adopted

Apr 13, 2018

House · Reported by committee

House Floor Amendment No. 1 Recommends Be Adopted Insurance: Property & Casualty Committee; 008-000-000

Apr 9, 2018

House · Reported by committee

House Floor Amendment No. 1 Rules Refers to Insurance: Property & Casualty Committee

Mar 23, 2018

House · Referred to committee

House Floor Amendment No. 1 Referred to Rules Committee

Mar 23, 2018

House · Amendment offered

House Floor Amendment No. 1 Filed with Clerk by Rep. Lou Lang

Mar 7, 2018

House · Reported by committee

Do Pass / Short Debate Insurance: Property & Casualty Committee; 011-000-000

Feb 26, 2018

House · Referred to committee

Assigned to Insurance: Property & Casualty Committee

Feb 16, 2018

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor