Rep. Anthony DeLuca

Amends the Illinois Health Benefits Exchange Law. Makes a technical change in a Section concerning the short title. Senate Floor Amendment No. 1 Deletes reference to: 215 ILCS 122/5-1 Adds reference to: 5 ILCS 140/7.5 215 ILCS 5/Art. VIII.33 heading new 215 ILCS 5/130.1 new 215 ILCS 5/130.2 new 215 ILCS 5/130.3 new 215 ILCS 5/130.4 new 215 ILCS 5/130.5 new 215 ILCS 5/130.6 new 215 ILCS 5/130.7 new Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Creates the Corporate Governance Annual Disclosure Law. Requires insurers to disclose corporate governance structure, policies, and practices to the Director of Insurance. Makes corporate governance disclosures confidential and privileged. Revises the Freedom of Information Act to conform to the statutory exemptions found in the Illinois Insurance Code. Effective immediately. House Committee Amendment No. 1 In provisions amending the Illinois Insurance Code concerning definitions in the Corporate Governance Annual Disclosure Law, makes changes to the definition of "insurer".

Amends the Property Tax Code. Provides that, for taxable years 2019 and thereafter, the maximum reduction for the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and $5,000 in all other counties). Effective immediately.

Amends Public Act 94-653. Authorizes the Department of Human Services to grant and convey a permanent conservation easement to any entity in addition to the Department of Natural Resources that the Department of Human Services deems appropriate. Effective immediately. House Committee Amendment No. 1 Replaces everything after the enacting clause with the provisions of the introduced bill, and makes the following change: authorizes the Department of Human Services to grant and convey a permanent conservation easement to the Chicago Park District (instead of to any entity that the Department of Human Services deems appropriate). Effective immediately. Senate Floor Amendment No. 2 Adds reference to: P.A. 94-653, Sec. 10 rep. Repeals a provision in Public Act 94-653 regarding the legal description of the land. Makes a conforming change and corrects a typographical error. Senate Floor Amendment No. 4 Replaces everything after the enacting clause. Authorizes the Department of Human Services to grant and convey a permanent conservation easement to the Chicago Park District. Repeals a provision in Public Act 94-653 regarding the legal description of the land. Authorizes the Director of the Department of Natural Resources to terminate all contractual interests of the State of Illinois provided in the agreement between the State and the City of Pana, made on June 28, 1949, for the purpose of funding the construction of a dam and water reservoir to create the Pana Lake Project. Provides that the State of Illinois shall not receive compensation for the termination of its contractual rights. Provides that the Director shall execute a mutual termination with the City of Pana terminating both parties' interests in the agreement. Authorizes the Director to execute and deliver a quitclaim deed concerning specified real property to the Forest Preserve District of Will County for $1. Authorizes and directs the Illinois Medical District Commission to execute and deliver a quitclaim deed for specified real property to the Julie and Michael Tracy Family Foundation. Effective immediately. Governor Amendatory Veto Message Recommends the deletion of language authorizing and directing the Illinois Medical District Commission to execute and deliver a quitclaim deed for specified real property to the Julie and Michael Tracy Family Foundation.

Recognizes the 30th Annual Black & Gold Scholarship Gala to be held on November 16, 2019.

Declares July 17, 2019 as Governors State University Day and commends the University on 50 years of leadership, innovation, education, and excellence in the Chicagoland region, the nation, and the world.

Amends the Illinois Workforce Innovation Board Act. Provides that on or before December 15, 2019, and on or before each December 15 thereafter, the Illinois Workforce Innovation Board must review labor market data and projections in this State and must submit to the State Board of Education and the Illinois Community College Board a list of each career area, along with a designation of one of 3 categories. Amends the Vocational Academies Act. Provides that, beginning July 1, 2020, the State Board must allocate grants to vocational academies with consideration to certain factors. Provides that on or before December 15, 2020, and on or before each December 15 thereafter, the State Board must report to the General Assembly enrollment and completion data for each vocational academy and the number and type of pathway endorsements issued to students under a Community Partnership for Pathway Endorsement grant program. Amends the Public Community College Act. Provides that, subject to appropriation and allocation of matching grants through the federal Carl D. Perkins Career and Technical Education Act of 2006, the Illinois Community College Board must administer a program to provide Community Partnership for Pathway Endorsement grants to community college districts; specifies grant requirements. Provides that no more than 20 grants may be awarded each year and the grant amount must be at least $40,000 for a partnership that serves 5 high schools and may be up to $75,000 for a partnership that serves more than 5 high schools. Effective immediately.

Amends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in the State for the immediately preceding taxable year. Provides that the amount of the credit is 20% of its tax liability under this Act (other than its withholding tax liability) for the taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Amends the Illinois Insurance Code in an Article concerning accident and health insurance. Provides that "policy of individual or group accident and health insurance" does not include any coverage or policy that provides an excepted benefit, as defined in the federal Public Health Service Act. Provides that the amendatory Act does not apply to certain policies of insurance. Repeals provisions that state that specified provisions of the Article do not apply to short-term travel, disability income, long-term care, accident only, or limited or specified disease policies. Effective immediately.

Amends the Illinois Insurance Guaranty Fund Article of the Illinois Insurance Code. Provides that a "covered claim" does not include a claim for fines and penalties paid to government authorities. Provides that the board of directors of the Illinois Insurance Guaranty Fund has the authority to assess to pay off a loan necessary to pay covered claims. Provides that if the loan is projected to be outstanding for 3 years or more, the board of directors has the authority to increase the assessment to 3% of net direct written premiums for the previous year until the loan has been paid in full. Makes changes in provisions that specify conditions under which the Fund is bound by certain settlements, releases, compromises, waivers, and final judgments. Provides that the Fund may also take legal action to recover from insurers and insureds in certain circumstances. Provides that the Fund may bring an action against certain third-party representatives of an insolvent insurer to obtain custody and control of all claim information related to the insolvent company. Provides that any person recovering under the Article and any insured whose liabilities are satisfied under the Article shall be deemed to have assigned the person's or insured's rights under the policy to the Fund to the extent of his or her recovery or satisfaction obtained from the Fund's payments. Provides that the Fund may also pay certain workers' compensation claims or any other third-party claims covered by a policy of an insolvent company on behalf of a high net worth insured and may recover from the high net worth insured through any action necessary to collect the full amount to the Fund's reimbursement. Effective immediately. Senate Committee Amendment No. 1 In provisions concerning actions regarding insolvent company records, provides that the Illinois Insurance Guaranty Fund has the absolute right through emergency equitable relief to obtain custody and control of certain claims information in possession of certain third-party administrators, agents, attorneys, or other representatives of an insolvent insurer (rather than the absolute right through emergency equitable relief to obtain custody and control of certain third-party administrators, agents, attorneys, or other representatives of an insolvent insurer). Senate Floor Amendment No. 2 Provides that the Illinois Insurance Guaranty Fund shall recover (rather than may recover) from the high net worth insured for all amounts paid on its behalf, all allocated claim adjusted expenses related to such claims, the Fund's attorney's fees, and all court costs in any action necessary to collect the full amount to the Fund's reimbursement. Makes a grammatical change. House Floor Amendment No. 1 Deletes reference to: 215 ILCS 5/534.3 215 ILCS 5/537.6 215 ILCS 5/537.7 215 ILCS 5/538.3 215 ILCS 5/538.4 215 ILCS 5/538.9 new 215 ILCS 5/545 Adds reference to: 215 ILCS 5/35B-25 Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that the Director of Insurance shall approve a plan of division unless he or she finds that each new company created by the proposed division, except a new company that is a nonsurviving party to certain mergers, that will be a member insurer of the Illinois Life and Health Insurance Guaranty Association and that will have policy liabilities allocated to it will not be licensed to do insurance business in each state where such policies were written by the dividing company.

Amends the Illinois Credit Union Act. Provides that if the Act requires information to be written or delivered in writing, an electronic record or delivery satisfies the rule of law. Provides that if the Act requires a policy, record, notice, or other document or information to be mailed or otherwise furnished or disclosed by a credit union, electronic distribution or delivery satisfies the rule of law. Provides that a policy adopted by the board may delegate expulsion authority to senior management officials of the credit union. Provides that a member expelled by a senior management official may seek reinstatement by appealing the action within 30 days of expulsion to the board of directors, and that the board may affirm, disaffirm, or modify the action, and the board's decision is final. Provides that a credit union may invest in securities, obligations, or other instruments of or issued by entities properly registered with or licensed by the Department of Financial and Professional Regulation. Increases a credit union's aggregate loan amount and the total amount of funds not used in loans to members that may be invested in shares and stocks of Credit Union Service Organizations to 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union. Modifies a credit union's investment limit in shares or stocks of Credit Union Service Organizations to not exceed 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Makes other changes. Effective immediately. Senate Floor Amendment No. 1 Deletes reference to: 205 ILCS 305/44 Adds reference to: 205 ILCS 305/44.1 new Replaces provisions regarding the reporting and turnover provisions of the Revised Uniform Unclaimed Property Act relating to credit unions with a provision allowing a credit union to deduct a dormancy charge or escheat fee from property delivered to the administrator under the Revised Uniform Unclaimed Property Act. Senate Floor Amendment No. 2 Requires that credit unions annually disclose director remuneration to the membership. Provides that the disclosure shall contain: (i) the amount paid to each director and (ii) the amount paid to the directors as a group. Deletes language authorizing credit unions to invest in securities of entities licensed by the Department of Financial and Professional Regulation, including entities licensed under the Residential Mortgage License Act of 1987, the Consumer Installment Loan Act, and the Sales Finance Agency Act. Corrects a typographical error. House Committee Amendment No. 1 Deletes reference to: 205 ILCS 305/51 from Ch. 17, par. 4452 Replaces everything after the enacting clause with the provisions of the engrossed bill, and makes the following changes: Provides that the Department of Financial and Professional Regulation shall, by rule, establish maximum rates of reasonable compensation for directors and committee members that are generally applicable to credit unions considering factors the Department may establish from time to time, including, but not limited to, total assets, nonprofit cooperative structure, and the best interests of members. Deletes language providing that with approval of the board of directors, a credit union may make loans to credit union organizations if the aggregate amount of all such loans outstanding does not exceed the greater of 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Deletes language providing that funds not used in loans to members may be invested in shares or stocks of credit union service organizations in the total amount not exceeding the greater of 10% (instead of 3%) of the unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Effective immediately.