Fabio
84 lines
4.5 KiB
Markdown
84 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "INS CD-COMPANY ACTION LEVEL"
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description: "Amends the Insurance Code. Includes within the definition of \"company action level event\" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "99th"
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identifier: "SB 2944"
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citation: "Illinois SB 2944 (99th)"
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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: 24
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vote_count: 2
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first_action: "2016-02-18"
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last_action: "2016-07-08"
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source: "openstates"
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source_identifier: "ocd-bill/cee22e21-4fbe-4d6d-95df-b1f4c843d0d8"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2944&GAID=13&DocTypeID=SB&LegId=96269&SessionID=88&GA=99"
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source_hash: "a2b301f86444f95a6ecb3143e4d7c7c5790b81b111c63ad65bcca12ed5b8dc65"
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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 SB 2944 (99th) — INS CD-COMPANY ACTION LEVEL
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Amends the Insurance Code. Includes within the definition of "company action level event" the filing of an RBC report by a health organization that indicates that the health organization has total adjusted capital that is greater than or equal to its company action level RBC but less than the product of its authorized control level RBC and 3.0 and triggers the trend test determined in accordance with the trend test calculation included in the Health RBC Instructions. 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=09900SB2944&GA=99&SessionId=88&DocTypeId=SB&LegID=96269&DocNum=2944&GAID=13&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900SB2944eng&GA=99&SessionId=88&DocTypeId=SB&LegID=96269&DocNum=2944&GAID=13&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900SB2944enr&GA=99&SessionId=88&DocTypeId=SB&LegID=96269&DocNum=2944&GAID=13&Session=&print=true)
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## Votes
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- Third Reading — **113–0** (pass) · lower
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- Third Reading — **55–0** (pass) · upper
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## Sponsors
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- Matt Murphy — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2016-02-18** Filed with Secretary by Sen. Matt Murphy `filing`
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- **2016-02-18** First Reading `reading-1`
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- **2016-02-18** Referred to Assignments `referral-committee`
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- **2016-03-02** Assigned to Insurance `referral-committee`
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- **2016-04-06** Do Pass Insurance; 011-000-000 `committee-passage`
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- **2016-04-06** Placed on Calendar Order of 2nd Reading April 7, 2016
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- **2016-04-20** Second Reading `reading-2`
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- **2016-04-20** Placed on Calendar Order of 3rd Reading April 21, 2016
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- **2016-04-21** Third Reading - Passed; 055-000-000 `reading-3, passage`
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- **2016-04-21** Arrived in House `introduction`
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- **2016-04-21** Chief House Sponsor Rep. Dan Brady
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- **2016-04-21** First Reading `reading-1`
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- **2016-04-21** Referred to Rules Committee `referral-committee`
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- **2016-05-02** Assigned to Insurance Committee `referral-committee`
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- **2016-05-10** Do Pass / Short Debate Insurance Committee; 019-000-000 `committee-passage`
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- **2016-05-11** Placed on Calendar 2nd Reading - Short Debate
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- **2016-05-18** Second Reading - Short Debate `reading-2`
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- **2016-05-18** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2016-05-23** Third Reading - Short Debate - Passed 113-000-000 `reading-3, passage`
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- **2016-05-23** Passed Both Houses
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- **2016-06-21** Sent to the Governor `executive-receipt`
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- **2016-07-08** Governor Approved `executive-signature`
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- **2016-07-08** Effective Date July 8, 2016
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- **2016-07-08** Public Act . . . . . . . . . 99-0542 `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/cee22e21-4fbe-4d6d-95df-b1f4c843d0d8`. Confidence: reported (aggregated from official Illinois legislature records).
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