Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
9.9 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 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bill | INS-POLICYHOLDER COLLATERAL | Amends the Illinois Insurance Code Article concerning Rehabilitation, Liquidation, Conservation, and Dissolution of Companies. Creates a new Section pertaining to policyholder collateral, deductible reimbursements, and other policyholder obligations. Adds provisions concerning: any collateral held by, for the benefit of, or assigned to the insurer or the Director of Insurance as rehabilitator, liquidator, or conservator to secure obligations under a deductible agreement with a policyholder; non-covered claims; amounts that become assets of an estate; an insurer that has contractually agreed to allow the policyholder to fund its own claims within the deductible amount pursuant to a deductible agreement; and an insurer that has not contractually agreed to allow the policyholder to fund its own claims within the deductible amount pursuant to a deductible agreement. Defines the Director's duties and powers as rehabilitator, liquidator, or conservator. Provides that the Illinois Circuit Court having jurisdiction over the liquidation proceedings shall have jurisdiction to resolve disputes. Applies to delinquency proceedings pending on the effective date of this amendatory Act. Makes other changes. | us/states/il | Illinois General Assembly | 93rd | HB 5928 | Illinois HB 5928 (93rd) |
|
enacted | 3 | 74 | 4 | 2004-02-06 | 2004-08-25 | openstates | ocd-bill/4bd6e3e3-3c62-43b6-8fc7-82ddb8c64249 | http://ilga.gov/legislation/BillStatus.asp?DocNum=5928&GAID=3&DocTypeID=HB&LegId=11036&SessionID=3&GA=93 | 485477a7a0e14403eb6111c4da784c0b90244d85e660908a65cc9cf68f43f6ec | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
|
Illinois HB 5928 (93rd) — INS-POLICYHOLDER COLLATERAL
Amends the Illinois Insurance Code Article concerning Rehabilitation, Liquidation, Conservation, and Dissolution of Companies. Creates a new Section pertaining to policyholder collateral, deductible reimbursements, and other policyholder obligations. Adds provisions concerning: any collateral held by, for the benefit of, or assigned to the insurer or the Director of Insurance as rehabilitator, liquidator, or conservator to secure obligations under a deductible agreement with a policyholder; non-covered claims; amounts that become assets of an estate; an insurer that has contractually agreed to allow the policyholder to fund its own claims within the deductible amount pursuant to a deductible agreement; and an insurer that has not contractually agreed to allow the policyholder to fund its own claims within the deductible amount pursuant to a deductible agreement. Defines the Director's duties and powers as rehabilitator, liquidator, or conservator. Provides that the Illinois Circuit Court having jurisdiction over the liquidation proceedings shall have jurisdiction to resolve disputes. Applies to delinquency proceedings pending on the effective date of this amendatory Act. Makes other changes.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Concurrence — 117–0 (pass) · lower
- Third Reading — 95–22 (pass) · lower
- Concurrence, Amendment 2 — 117–0 (pass) · lower
- Third Reading — 55–0 (pass) · upper
Sponsors
- JoAnn D. Osmond — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2004-02-06 Filed with the Clerk by Rep. Frank J. Mautino
filing - 2004-02-06 First Reading
reading-1 - 2004-02-06 Referred to Rules Committee
referral-committee - 2004-03-02 Assigned to Insurance Committee
referral-committee - 2004-03-02 Chief Sponsor Changed to Rep. JoAnn D. Osmond
- 2004-03-02 Motion to Suspend Rule 25 - Prevailed by Voice Vote
- 2004-03-03 Do Pass / Short Debate Insurance Committee; 014-000-000
committee-passage - 2004-03-03 Placed on Calendar 2nd Reading - Short Debate
- 2004-03-23 Added Chief Co-Sponsor Rep. Frank J. Mautino
- 2004-03-23 Added Chief Co-Sponsor Rep. Terry R. Parke
- 2004-03-23 Added Chief Co-Sponsor Rep. Ruth Munson
- 2004-03-23 Added Chief Co-Sponsor Rep. Mark H. Beaubien, Jr.
- 2004-03-23 Added Co-Sponsor Rep. Patricia R. Bellock
- 2004-03-23 Added Co-Sponsor Rep. Sandra M. Pihos
- 2004-03-23 Added Co-Sponsor Rep. Suzanne Bassi
- 2004-03-23 Added Co-Sponsor Rep. Dan Brady
- 2004-03-23 Added Co-Sponsor Rep. Robert W. Churchill
- 2004-03-23 Added Co-Sponsor Rep. Kathleen A. Ryg
- 2004-03-23 Added Co-Sponsor Rep. Ed Sullivan, Jr.
- 2004-03-23 Added Co-Sponsor Rep. Renee Kosel
- 2004-03-23 Added Co-Sponsor Rep. Karen A. Yarbrough
- 2004-03-23 Added Co-Sponsor Rep. Eileen Lyons
- 2004-03-23 Added Co-Sponsor Rep. Patricia Bailey
- 2004-03-23 Added Co-Sponsor Rep. John J. Millner
- 2004-03-23 Added Co-Sponsor Rep. Robert W. Pritchard
- 2004-03-23 Added Co-Sponsor Rep. Jim Watson
- 2004-03-30 House Floor Amendment No. 1 Filed with Clerk by Rep. JoAnn D. Osmond
amendment-introduction - 2004-03-30 House Floor Amendment No. 1 Referred to Rules Committee
referral-committee - 2004-03-31 House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
committee-passage-favorable - 2004-03-31 Second Reading - Short Debate
reading-2 - 2004-03-31 House Floor Amendment No. 1 Adopted by Voice Vote
amendment-passage - 2004-03-31 Placed on Calendar Order of 3rd Reading - Short Debate
- 2004-04-01 Third Reading - Short Debate - Passed 095-022-000
reading-3, passage - 2004-04-06 Arrive in Senate
introduction - 2004-04-06 Placed on Calendar Order of First Reading April 20, 2004
reading-1 - 2004-04-06 Chief Senate Sponsor Sen. William E. Peterson
- 2004-04-06 First Reading
reading-1 - 2004-04-06 Referred to Rules
referral-committee - 2004-04-15 Assigned to Insurance & Pensions
referral-committee - 2004-04-16 Added as Alternate Chief Co-Sponsor Sen. Denny Jacobs
- 2004-04-19 Senate Committee Amendment No. 1 Filed with Secretary by Sen. William E. Peterson; -Jacobs
amendment-introduction - 2004-04-19 Senate Committee Amendment No. 1 Referred to Rules
referral-committee - 2004-04-21 Senate Committee Amendment No. 1 Rules Refers to Insurance & Pensions
- 2004-04-21 Senate Committee Amendment No. 1 Adopted
amendment-passage - 2004-04-21 Do Pass as Amended Insurance & Pensions; 010-000-000
committee-passage - 2004-04-21 Placed on Calendar Order of 2nd Reading April 22, 2004
- 2004-04-22 Second Reading
reading-2 - 2004-04-22 Placed on Calendar Order of 3rd Reading April 27, 2004
- 2004-04-30 Senate Floor Amendment No. 2 Filed with Secretary by Sen. William E. Peterson
amendment-introduction - 2004-04-30 Senate Floor Amendment No. 2 Referred to Rules
referral-committee - 2004-05-04 Senate Floor Amendment No. 2 Rules Refers to Insurance & Pensions
- 2004-05-05 Senate Floor Amendment No. 2 Be Approved for Consideration Insurance & Pensions; 009-000-001
- 2004-05-11 Recalled to Second Reading
reading-2 - 2004-05-11 Senate Floor Amendment No. 2 Adopted; Peterson
amendment-passage - 2004-05-11 Placed on Calendar Order of 3rd Reading May 12, 2004
- 2004-05-13 Third Reading Deadline Extended - Rule 2-10, extended to January 11, 2005.
reading-3 - 2004-05-17 Third Reading - Passed; 055-000-000
reading-3, passage - 2004-05-18 Arrived in House
introduction - 2004-05-18 Placed on Calendar Order of Concurrence Senate Amendment(s) 1,2
- 2004-05-18 Senate Committee Amendment No. 1 Motion Filed Concur Rep. JoAnn D. Osmond
- 2004-05-18 Senate Floor Amendment No. 2 Motion Filed Concur Rep. JoAnn D. Osmond
- 2004-05-18 Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
referral-committee - 2004-05-18 Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
referral-committee - 2004-05-30 Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Insurance Committee
referral-committee - 2004-05-30 Senate Floor Amendment No. 2 Motion to Concur Rules Referred to Insurance Committee
referral-committee - 2004-05-31 Senate Committee Amendment No. 1 Motion to Concur Recommends be Adopted Insurance Committee; 010-000-000
- 2004-05-31 Senate Floor Amendment No. 2 Motion to Concur Recommends be Adopted Insurance Committee; 010-000-000
- 2004-05-31 Senate Committee Amendment No. 1 House Concurs 117-000-000
- 2004-05-31 Senate Floor Amendment No. 2 House Concurs 117-000-000
- 2004-05-31 Passed Both Houses
- 2004-06-28 Sent to the Governor
executive-receipt - 2004-08-25 Governor Approved
executive-signature - 2004-08-25 Effective Date August 25, 2004
- 2004-08-25 Public Act . . . . . . . . . 93-1028
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4bd6e3e3-3c62-43b6-8fc7-82ddb8c64249. Confidence: reported (aggregated from official Illinois legislature records).