SB 692

  • Illinois Senate Bill
  • 100th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Ins Cd-Producer License-Banks

Abstract

Amends the Illinois Insurance Code. In a provision concerning licensure requirements for financial institutions, provides that nothing in a provision concerning limited lines producer licenses in the Code shall be construed to require a limited lines producer license or any other form or class of producer's license for financial institutions, or their employees, if the financial institution has purchased or sponsored a group or individual credit life, credit accident and health, credit casualty, credit property, or other credit insurance policy or program under which the financial institution enrolls or performs other administrative services to enable individuals to purchase insurance coverage under the group or individual credit insurance policy from a licensed producer in compliance with provisions concerning license exceptions and credit life and credit accident and health insurance policies under the Code. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 09, 2019

Senate

Session Sine Die

Aug 04, 2017

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Mar 14, 2017

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading March 15, 2017

Mar 01, 2017

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Do Pass as Amended Insurance; 015-000-000

Senate

Placed on Calendar Order of 2nd Reading March 2, 2017

Feb 28, 2017

Senate

Senate Committee Amendment No. 1 Assignments Refers to Insurance

Feb 14, 2017

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Feb 01, 2017

Senate

Assigned to Insurance

Jan 30, 2017

Senate

Filed with Secretary by Sen. John G. Mulroe

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
Senate Amendment 001

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.