Rep. Frank J. Mautino

Amends the Illinois Insurance Code. Adds a caption to a Section concerning the use of DES.

Amends the Illinois Insurance Code in relation to an employer's insurable interest in employees. Provides that employees must give written consent to be insured. Requires any consent to include an acknowledgement that the coverage may continue even after the employment has terminated.

Amends the Election Code. Permits election authorities to prepare and provide special consolidated primary election absentee ballots that permit instant run-off voting for absentee voters in the United States military or outside the United States on the consolidated primary and consolidated election days. Requires the State Board of Elections to adopt implementing rules.

Amends the Health Maintenance Organization Act. Makes technical changes in a Section concerning the short title.

Amends the Liquor Control Act of 1934. Makes a technical change in a Section concerning the short title.

Amends the Illinois Insurance Code. Provides that, except to the extent that the Director determines that the amount retained in the Illinois Premium Tax Refund Fund exceeds the anticipated amount of certain refunds to be made, the Department shall deposit a percentage of specified amounts collected into the Insurance Premium Tax Refund Fund. Effective immediately.

Amends the Downstate Police Article of the Illinois Pension Code. Increases the rate of automatic annual increase in retirement pension from 3% to 4%. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Creates the Notice and Opportunity to Repair Act. Provides that a construction professional shall be liable to a homeowner for damages caused by the acts or omissions of the professional and his or her agents, employees, or subcontractors. Requires the service of notice to the professional of the complained-of defect in the construction by the homeowner prior to commencement of a lawsuit. Allows the professional to make an offer of repair or settlement and to rescind this offer if the claimant fails to respond within 30 days. Requires the claimant to file with the court a list of known construction defects. Directs the professional to provide a statutory notice to the homeowner upon the execution of a contract.

Amends the Viatical Settlements Act. Sets forth acts that constitute a fraudulent viatical settlement act. Provides for the regulation of viatical settlement brokers. Establishes additional grounds for revocation or suspension of a license. Requires certain disclosures to be made in connection with viatical settlements. Provides a period of time for revocation after certain disclosures are made. Provides that violations of the Act constitute unfair trade practices subject to disciplinary action under the Illinois Insurance Code.

Amends the Uniform Disposition of Unclaimed Property Act. Provides that unclaimed property payable or distributable in the course of a demutualization of an insurance company is presumed abandoned 5 years after the earlier of the date of last contact with the policyholder or the date the property became payable or distributable. Provides for an exemption from the Act for gift certificates and gift cards that contain an expiration date or expiration period issued by a nonprofit organization as defined under Section 501(c)(3) of the Internal Revenue Code. Provides that a holder or any party with information about the owner is prohibited from charging a fee or service charge to an owner in order to prevent abandonment from being presumed. Effective immediately.