INS CD-GUARANTY FUND RECOVERY
Summary
Amends the Illinois Insurance Code. Provides that if the Illinois Insurance Guaranty Fund pays a covered claim without the exhaustion of other coverage, the Fund shall have an independent right of recovery against each insurer whose coverage was not exhausted. Provides that the extent of the Fund's subrogation rights and any other rights of reimbursement with respect to its covered claims payments shall be determined independently by taking into account the Fund's independent rights of recovery. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2015
Committee Review
May 2015
Senate Passage
May 2015
House Passage
May 2015
Signed into Law
Aug 2015
Introduced Apr 16, 2015
Signed Aug 17, 2015
Floor votes · Senate Apr 16, 2015 · House May 28, 2015
How they voted
41–0
Passed · 11 other
Total votes 52
Apr 16, 2015
D
Democratic33
75% Yea
R
Republican19
84% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
6
Committee
6
Aug 17, 2015
Signed into law
Governor Approved
upper
May 28, 2015
Upper · Passed
Passed Both Houses
upper
May 28, 2015
House · Passed
House Vote: pass (103-0-1)
house
May 20, 2015
Lower · Passed
Do Pass / Short Debate Insurance Committee; 013-000-000
lower
May 13, 2015
Committee
Assigned to Insurance Committee
lower
Apr 20, 2015
Committee
Referred to Rules Committee
lower
Apr 16, 2015
Introduced
Arrived in House
lower
Apr 16, 2015
Senate · Passed
Senate Vote: pass (41-0-11)
senate
Mar 26, 2015
Upper · Passed
Do Pass Insurance; 013-000-000
upper
Mar 12, 2015
Committee
Assigned to Insurance
upper
Feb 20, 2015
Committee
Referred to Assignments
upper
0 primary · 2 co-sponsors
Sponsors
No sponsor information available.
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