Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
6.2 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||||
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| Bill | INS-DOMESTIC STOCK CO/DIVISION | Amends the Domestic Stock Company Division Article of the Illinois Insurance Code. In provisions concerning plan of division approval, provides that any decision by the Director of Insurance on whether or not to hold a public hearing on either a plan of division or an amended plan of division may be made independently by the Director. Provides that if a dividing company amends its plan of division at any time before the plan of division becomes effective, then the dividing company shall file the amended plan of division for approval by the Director. Provides that if a hearing is conducted on the amended plan of division after the Director has approved a previous plan of division, then the hearing shall not be considered a rehearing. Provides that the fee assessed for filing a plan of division shall not apply to the filing of an amended plan of division. In provisions concerning certificates of division, provides that if the dividing company files an amended plan of division with the Director after a certificate of division has been filed for a previous plan, then the dividing company shall file a certificate of stay with the recorder. Provides that the certificate of stay shall identify the certificate of division being stayed and the date on which the amended plan of division was filed with the Director. Makes other changes. Effective immediately. | us/states/il | Illinois General Assembly | 103rd | SB 1494 | Illinois SB 1494 (103rd) |
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enacted |
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3 | 25 | 4 | 2023-02-07 | 2023-06-09 | openstates | ocd-bill/afe6aae8-c4d4-433c-8615-d4b30a65d637 | https://beta.ilga.gov/Legislation/BillStatus?DocNum=1494&GAID=17&DocTypeID=SB&LegId=146224&SessionID=112 | 135c02dfd7f98d27813499b3fafec198526eef08680c77b1457290414b30a599 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 1494 (103rd) — INS-DOMESTIC STOCK CO/DIVISION
Amends the Domestic Stock Company Division Article of the Illinois Insurance Code. In provisions concerning plan of division approval, provides that any decision by the Director of Insurance on whether or not to hold a public hearing on either a plan of division or an amended plan of division may be made independently by the Director. Provides that if a dividing company amends its plan of division at any time before the plan of division becomes effective, then the dividing company shall file the amended plan of division for approval by the Director. Provides that if a hearing is conducted on the amended plan of division after the Director has approved a previous plan of division, then the hearing shall not be considered a rehearing. Provides that the fee assessed for filing a plan of division shall not apply to the filing of an amended plan of division. In provisions concerning certificates of division, provides that if the dividing company files an amended plan of division with the Director after a certificate of division has been filed for a previous plan, then the dividing company shall file a certificate of stay with the recorder. Provides that the certificate of stay shall identify the certificate of division being stayed and the date on which the amended plan of division was filed with the Director. Makes other changes. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Insurance — 10–0 (pass) · lower
- Third Reading — 105–0 (pass) · lower
- Third Reading — 57–0 (pass) · lower
- Insurance — 14–0 (pass) · lower
Sponsors
- Napoleon Harris, III — primary (person)
- Thaddeus Jones — primary (person)
- Bob Morgan — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2023-02-07 Filed with Secretary by Sen. Napoleon Harris, III
filing - 2023-02-07 First Reading
reading-1 - 2023-02-07 Referred to Assignments
- 2023-02-14 Assigned to Insurance
referral-committee - 2023-02-22 Do Pass Insurance; 010-000-000
- 2023-02-22 Placed on Calendar Order of 2nd Reading February 23, 2023
reading-2 - 2023-03-22 Second Reading
reading-2 - 2023-03-22 Placed on Calendar Order of 3rd Reading March 23, 2023
- 2023-03-23 Third Reading - Passed; 057-000-000
passage, reading-3 - 2023-03-23 Arrived in House
introduction - 2023-03-23 Chief House Sponsor Rep. Thaddeus Jones
- 2023-03-23 First Reading
reading-1 - 2023-03-23 Referred to Rules Committee
- 2023-04-11 Assigned to Insurance Committee
referral-committee - 2023-04-12 Added Alternate Chief Co-Sponsor Rep. Bob Morgan
- 2023-04-18 Do Pass / Short Debate Insurance Committee; 014-000-000
- 2023-04-19 Placed on Calendar 2nd Reading - Short Debate
reading-2 - 2023-04-27 Second Reading - Short Debate
reading-2 - 2023-04-27 Placed on Calendar Order of 3rd Reading - Short Debate
- 2023-05-08 Third Reading - Short Debate - Passed 105-000-000
passage, reading-3 - 2023-05-08 Passed Both Houses
- 2023-06-06 Sent to the Governor
executive-receipt - 2023-06-09 Governor Approved
executive-signature - 2023-06-09 Effective Date June 9, 2023
- 2023-06-09 Public Act . . . . . . . . . 103-0090
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/afe6aae8-c4d4-433c-8615-d4b30a65d637. Confidence: reported (aggregated from official Illinois legislature records).