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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 CD-REHAB DOMESTIC INS CO Amends the Illinois Insurance Code to set forth provisions concerning the rehabilitation or liquidation of a domestic company that is a covered financial company under the federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Sets forth the grounds upon which the Director of Insurance may file a complaint for an order of rehabilitation or liquidation pursuant to the provisions of the Code concerning the grounds for rehabilitation and liquidation. Provides that after notice to the insurance company, the receivership court may grant an order on the complaint for rehabilitation or liquidation within 24 hours after its filing and that if the court does not make a determination on a complaint for rehabilitation or liquidation filed by the Director within 24 hours after its filing, then it shall be deemed granted by operation of law upon the expiration of the 24-hour period. Sets forth provisions concerning the court order and the Director's powers and authority. Effective immediately. us/states/il Illinois General Assembly 98th HB 991 Illinois HB 991 (98th)
bill
enacted
3 25 2 2013-01-29 2013-08-02 openstates ocd-bill/58a695cf-e6ff-4ff7-a5f8-57c5111bdf04 http://ilga.gov/legislation/BillStatus.asp?DocNum=991&GAID=12&DocTypeID=HB&LegId=71378&SessionID=85&GA=98 16545ff57aad911db37c03deba90742800b37e14a16c5288ba947808eda3921c 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-il

Illinois HB 991 (98th) — INS CD-REHAB DOMESTIC INS CO

Amends the Illinois Insurance Code to set forth provisions concerning the rehabilitation or liquidation of a domestic company that is a covered financial company under the federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Sets forth the grounds upon which the Director of Insurance may file a complaint for an order of rehabilitation or liquidation pursuant to the provisions of the Code concerning the grounds for rehabilitation and liquidation. Provides that after notice to the insurance company, the receivership court may grant an order on the complaint for rehabilitation or liquidation within 24 hours after its filing and that if the court does not make a determination on a complaint for rehabilitation or liquidation filed by the Director within 24 hours after its filing, then it shall be deemed granted by operation of law upon the expiration of the 24-hour period. Sets forth provisions concerning the court order and the Director's powers and authority. Effective immediately.

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

  • Third Reading — 1120 (pass) · lower
  • Third Reading — 560 (pass) · upper

Sponsors

  • JoAnn D. Osmond — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2013-01-29 Filed with the Clerk by Rep. JoAnn D. Osmond filing
  • 2013-01-29 First Reading reading-1
  • 2013-01-29 Referred to Rules Committee referral-committee
  • 2013-02-13 Assigned to Insurance Committee referral-committee
  • 2013-02-20 Do Pass / Short Debate Insurance Committee; 025-000-000 committee-passage
  • 2013-02-21 Placed on Calendar 2nd Reading - Short Debate
  • 2013-02-27 Second Reading - Short Debate reading-2
  • 2013-02-27 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2013-03-01 Third Reading - Short Debate - Passed 112-000-000 reading-3, passage
  • 2013-03-01 Arrive in Senate introduction
  • 2013-03-01 Placed on Calendar Order of First Reading March 5, 2013 reading-1
  • 2013-03-01 Chief Senate Sponsor Sen. William R. Haine
  • 2013-03-05 First Reading reading-1
  • 2013-03-05 Referred to Assignments referral-committee
  • 2013-03-12 Assigned to Insurance referral-committee
  • 2013-03-20 Do Pass Insurance; 008-000-000 committee-passage
  • 2013-03-20 Placed on Calendar Order of 2nd Reading March 21, 2013
  • 2013-04-24 Second Reading reading-2
  • 2013-04-24 Placed on Calendar Order of 3rd Reading April 25, 2013
  • 2013-05-09 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2013-05-09 Passed Both Houses
  • 2013-06-07 Sent to the Governor executive-receipt
  • 2013-08-02 Governor Approved executive-signature
  • 2013-08-02 Effective Date August 2, 2013
  • 2013-08-02 Public Act . . . . . . . . . 98-0136 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/58a695cf-e6ff-4ff7-a5f8-57c5111bdf04. Confidence: reported (aggregated from official Illinois legislature records).