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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)
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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
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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.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Concurrence — 1170 (pass) · lower
  • Third Reading — 9522 (pass) · lower
  • Concurrence, Amendment 2 — 1170 (pass) · lower
  • Third Reading — 550 (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).