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HB 982 Illinois House · 98th Regular Session

INS CD-SEPARATE ACCOUNTS

Summary
Amends the Illinois Insurance Code in the provision concerning factors to which domestic companies are subject with regard to establishing one or more separate accounts and allocating thereto amounts to provide for life, annuity, or accident and health insurance. Provides that the assets of any separate account equal to the reserves and other contract liabilities with respect to the account may not be charged with liabilities arising out of any other business the company may conduct, unless the separate account is subject to guarantees (now, any other business the company may conduct). Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2013
Committee Review
Apr 2013
House Passage
May 2013
Senate Passage
May 2013
Signed into Law
Jun 2013
Introduced Mar 15, 2013 Signed Jun 28, 2013
Floor votes · Senate May 9, 2013 · House Mar 14, 2013

How they voted

44–0
Passed · 3 other
Total votes 47
May 9, 2013
D Democratic30
29 Yea 1
96% Yea
R Republican17
15 Yea 2
88% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
33
Key actions
7
Committee
8
Amendments
2
Jun 28, 2013
Signed into law
Governor Approved
lower
May 9, 2013
Lower · Passed
Passed Both Houses
lower
Apr 11, 2013
Upper · Passed
Do Pass Insurance; 011-000-000
upper
Apr 3, 2013
Committee
Assigned to Insurance
upper
Mar 19, 2013
Committee
Referred to Assignments
upper
Mar 15, 2013
Introduced
Arrive in Senate
upper
Mar 14, 2013
House · Passed
House Vote: pass (98-0-1)
house
Mar 5, 2013
Lower · Passed
Do Pass as Amended / Short Debate Insurance Committee; 024-000-000
lower
Mar 5, 2013
Lower · Passed
House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote
lower
Feb 26, 2013
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Insurance Committee
lower
Feb 25, 2013
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 25, 2013
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino
lower
Feb 13, 2013
Committee
Assigned to Insurance Committee
lower
Jan 29, 2013
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.