SB 94

  • Illinois Senate Bill
  • 99th Regular Session
  • Introduced in Senate Mar 27, 2015
  • Passed Senate Mar 26, 2015
  • Passed House May 20, 2015
  • Became Law Jul 28, 2015

Ins Cd-Valuation Of Policies

Abstract

Amends the Illinois Insurance Code. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance policies and annuity and pure endowment contracts of every life insurance company doing business in the State applies to policies and contracts issued prior to the operative date of the Valuation Manual. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance contracts, annuity and pure endowment contracts, accident and health contracts, and deposit-type contracts of every company issued on or after the operative date of the Valuation Manual applies to policies and contracts issued on or after the operative date of the Valuation Manual. Makes technical and grammatical changes.

Bill Sponsors (2)

Votes


Actions


Jul 28, 2015

Senate

Public Act . . . . . . . . . 99-0162

Senate

Effective Date January 1, 2016

Senate

Governor Approved

Jun 18, 2015

Senate

Sent to the Governor

May 20, 2015

House

Third Reading - Short Debate - Passed 114-000-000

Senate

Passed Both Houses

May 19, 2015

House

Added Alternate Co-Sponsor Rep. David B. Reis

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

May 13, 2015

House

Placed on Calendar 2nd Reading - Short Debate

May 12, 2015

House

Do Pass / Short Debate Insurance Committee; 015-000-000

May 08, 2015

House

Committee Deadline Extended-Rule 9(b) May 15, 2015

Apr 27, 2015

House

Assigned to Insurance Committee

House

Added Alternate Chief Co-Sponsor Rep. Robert Rita

Apr 15, 2015

House

Added Alternate Chief Co-Sponsor Rep. John Bradley

Apr 14, 2015

House

Referred to Rules Committee

House

First Reading

Mar 27, 2015

House

Arrived in House

House

Chief House Sponsor Rep. Frank J. Mautino

Mar 26, 2015

Senate

Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

Senate

Third Reading - Passed; 053-000-000

Mar 24, 2015

Senate

Placed on Calendar Order of 3rd Reading March 25, 2015

Senate

Second Reading

Mar 19, 2015

Senate

Do Pass as Amended Insurance; 011-000-000

Senate

Placed on Calendar Order of 2nd Reading March 24, 2015

Mar 18, 2015

Senate

Senate Committee Amendment No. 2 Adopted

Senate

Senate Committee Amendment No. 2 Assignments Refers to Insurance

Mar 17, 2015

Senate

Senate Committee Amendment No. 2 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Assignments Refers to Insurance

Senate

Senate Committee Amendment No. 2 Filed with Secretary by Sen. William R. Haine

Mar 10, 2015

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine

Feb 25, 2015

Senate

Added as Chief Co-Sponsor Sen. Pamela J. Althoff

Feb 11, 2015

Senate

Assigned to Insurance

Jan 28, 2015

Senate

Filed with Secretary by Sen. William R. Haine

Senate

Referred to Assignments

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
Senate Amendment 002
Senate Amendment 001

Sources

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