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SB 2944 Illinois Senate · 99th Regular Session

INS CD-COMPANY ACTION LEVEL

Summary
Amends the Insurance Code. Includes within the definition of "company action level event" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2016
Committee Review
May 2016
Senate Passage
May 2016
House Passage
May 2016
Signed into Law
Jul 2016
Introduced Apr 21, 2016 Signed Jul 8, 2016
Floor votes · Senate Apr 21, 2016 · House May 23, 2016

How they voted

43–0
Passed · 3 other
Total votes 46
Apr 21, 2016
D Democratic28
26 Yea 2
92% Yea
R Republican18
17 Yea 1
94% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
25
Key actions
5
Committee
6
Jul 8, 2016
Signed into law
Governor Approved
upper
May 23, 2016
Upper · Passed
Passed Both Houses
upper
May 10, 2016
Lower · Passed
Do Pass / Short Debate Insurance Committee; 019-000-000
lower
May 2, 2016
Committee
Assigned to Insurance Committee
lower
Apr 21, 2016
Committee
Referred to Rules Committee
lower
Apr 21, 2016
Introduced
Arrived in House
lower
Apr 21, 2016
Senate · Passed
Senate Vote: pass (43-0-3)
senate
Apr 6, 2016
Upper · Passed
Do Pass Insurance; 011-000-000
upper
Mar 2, 2016
Committee
Assigned to Insurance
upper
Feb 18, 2016
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.