5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
92 lines
5.4 KiB
Markdown
92 lines
5.4 KiB
Markdown
---
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type: "Bill"
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title: "INS CD-SEPARATE ACCOUNTS"
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description: "Amends the Illinois Insurance Code in the provision concerning factors to which domestic companies are subject with regard to establishing one or more separate accounts and allocating thereto amounts to provide for life, annuity, or accident and health insurance. Provides that the assets of any separate account equal to the reserves and other contract liabilities with respect to the account may not be charged with liabilities arising out of any other business the company may conduct, unless the separate account is subject to guarantees (now, any other business the company may conduct). Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "98th"
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identifier: "HB 982"
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citation: "Illinois HB 982 (98th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 32
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vote_count: 2
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first_action: "2013-01-28"
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last_action: "2013-06-28"
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source: "openstates"
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source_identifier: "ocd-bill/870e3d8f-9466-45d8-a8ee-6c0813926341"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=982&GAID=12&DocTypeID=HB&LegId=71360&SessionID=85&GA=98"
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source_hash: "32c72ef30a9a6a187f3ed3c9502705d19341c5f2c0eb72e71d3dab770efc61d4"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 982 (98th) — INS CD-SEPARATE ACCOUNTS
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Amends the Illinois Insurance Code in the provision concerning factors to which domestic companies are subject with regard to establishing one or more separate accounts and allocating thereto amounts to provide for life, annuity, or accident and health insurance. Provides that the assets of any separate account equal to the reserves and other contract liabilities with respect to the account may not be charged with liabilities arising out of any other business the company may conduct, unless the separate account is subject to guarantees (now, any other business the company may conduct). Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB0982&GA=98&SessionId=85&DocTypeId=HB&LegID=71360&DocNum=982&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB0982eng&GA=98&SessionId=85&DocTypeId=HB&LegID=71360&DocNum=982&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB0982enr&GA=98&SessionId=85&DocTypeId=HB&LegID=71360&DocNum=982&GAID=12&Session=&print=true)
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## Votes
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- Third Reading — **55–0** (pass) · upper
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- Third Reading — **117–0** (pass) · lower
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## Sponsors
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- Frank J. Mautino — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2013-01-28** Filed with the Clerk by Rep. Frank J. Mautino `filing`
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- **2013-01-29** First Reading `reading-1`
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- **2013-01-29** Referred to Rules Committee `referral-committee`
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- **2013-02-13** Assigned to Insurance Committee `referral-committee`
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- **2013-02-21** Added Chief Co-Sponsor Rep. JoAnn D. Osmond
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- **2013-02-25** House Committee Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino `amendment-introduction`
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- **2013-02-25** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2013-02-26** House Committee Amendment No. 1 Rules Refers to Insurance Committee
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- **2013-02-26** Added Chief Co-Sponsor Rep. Monique D. Davis
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- **2013-03-05** House Committee Amendment No. 1 Adopted in Insurance Committee; by Voice Vote `amendment-passage`
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- **2013-03-05** Do Pass as Amended / Short Debate Insurance Committee; 024-000-000 `committee-passage`
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- **2013-03-06** Placed on Calendar 2nd Reading - Short Debate
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- **2013-03-12** Second Reading - Short Debate `reading-2`
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- **2013-03-12** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2013-03-14** Third Reading - Short Debate - Passed 117-000-000 `reading-3, passage`
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- **2013-03-15** Arrive in Senate `introduction`
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- **2013-03-15** Placed on Calendar Order of First Reading March 19, 2013 `reading-1`
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- **2013-03-18** Chief Senate Sponsor Sen. William R. Haine
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- **2013-03-19** First Reading `reading-1`
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- **2013-03-19** Referred to Assignments `referral-committee`
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- **2013-04-03** Assigned to Insurance `referral-committee`
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- **2013-04-11** Do Pass Insurance; 011-000-000 `committee-passage`
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- **2013-04-11** Placed on Calendar Order of 2nd Reading April 12, 2013
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- **2013-04-24** Second Reading `reading-2`
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- **2013-04-24** Placed on Calendar Order of 3rd Reading April 25, 2013
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- **2013-05-07** Added as Alternate Chief Co-Sponsor Sen. Christine Radogno
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- **2013-05-09** Third Reading - Passed; 055-000-000 `reading-3, passage`
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- **2013-05-09** Passed Both Houses
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- **2013-06-07** Sent to the Governor `executive-receipt`
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- **2013-06-28** Governor Approved `executive-signature`
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- **2013-06-28** Effective Date June 28, 2013
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- **2013-06-28** Public Act . . . . . . . . . 98-0039 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/870e3d8f-9466-45d8-a8ee-6c0813926341`. Confidence: reported (aggregated from official Illinois legislature records).
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