republic-os/legislation/us/states/il/99th/sb-94.md

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-VALUATION OF POLICIES	Amends the Illinois Insurance Code. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance policies and annuity and pure endowment contracts of every life insurance company doing business in the State applies to policies and contracts issued prior to the operative date of the Valuation Manual. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance contracts, annuity and pure endowment contracts, accident and health contracts, and deposit-type contracts of every company issued on or after the operative date of the Valuation Manual applies to policies and contracts issued on or after the operative date of the Valuation Manual. Makes technical and grammatical changes.	us/states/il	Illinois General Assembly	99th	SB 94	Illinois SB 94 (99th)	bill		enacted		3	37	2	2015-01-28	2015-07-28	openstates	ocd-bill/bb54b870-c76d-4345-be53-0e3670a600af	http://ilga.gov/legislation/BillStatus.asp?DocNum=94&GAID=13&DocTypeID=SB&LegId=83916&SessionID=88&GA=99	4179a89cb1b06b98dd9f5b564cc7ea0e4ef744a26da15dc3cca2fe67eef016a2	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois SB 94 (99th) — INS CD-VALUATION OF POLICIES

Amends the Illinois Insurance Code. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance policies and annuity and pure endowment contracts of every life insurance company doing business in the State applies to policies and contracts issued prior to the operative date of the Valuation Manual. Specifies that the requirement that the Director annually value, or cause to be valued, the reserve liabilities for all outstanding life insurance contracts, annuity and pure endowment contracts, accident and health contracts, and deposit-type contracts of every company issued on or after the operative date of the Valuation Manual applies to policies and contracts issued on or after the operative date of the Valuation Manual. Makes technical and grammatical 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

• Third Reading — 114–0 (pass) · lower
• Third Reading — 53–0 (pass) · upper

Sponsors

• David B. Reis — cosponsor (person)
• William R. Haine — primary (person)

Timeline

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

• 2015-01-28 Filed with Secretary by Sen. William R. Haine filing
• 2015-01-28 First Reading reading-1
• 2015-01-28 Referred to Assignments referral-committee
• 2015-02-11 Assigned to Insurance referral-committee
• 2015-02-25 Added as Chief Co-Sponsor Sen. Pamela J. Althoff
• 2015-03-10 Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine amendment-introduction
• 2015-03-10 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
• 2015-03-17 Senate Committee Amendment No. 2 Filed with Secretary by Sen. William R. Haine amendment-introduction
• 2015-03-17 Senate Committee Amendment No. 2 Referred to Assignments referral-committee
• 2015-03-17 Senate Committee Amendment No. 1 Assignments Refers to Insurance
• 2015-03-18 Senate Committee Amendment No. 2 Assignments Refers to Insurance
• 2015-03-18 Senate Committee Amendment No. 2 Adopted amendment-passage
• 2015-03-19 Do Pass as Amended Insurance; 011-000-000 committee-passage
• 2015-03-19 Placed on Calendar Order of 2nd Reading March 24, 2015
• 2015-03-24 Second Reading reading-2
• 2015-03-24 Placed on Calendar Order of 3rd Reading March 25, 2015
• 2015-03-26 Third Reading - Passed; 053-000-000 reading-3, passage
• 2015-03-26 Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) amendment-failure
• 2015-03-27 Arrived in House introduction
• 2015-03-27 Chief House Sponsor Rep. Frank J. Mautino
• 2015-04-14 First Reading reading-1
• 2015-04-14 Referred to Rules Committee referral-committee
• 2015-04-15 Added Alternate Chief Co-Sponsor Rep. John Bradley
• 2015-04-27 Assigned to Insurance Committee referral-committee
• 2015-04-27 Added Alternate Chief Co-Sponsor Rep. Robert Rita
• 2015-05-08 Committee Deadline Extended-Rule 9(b) May 15, 2015
• 2015-05-12 Do Pass / Short Debate Insurance Committee; 015-000-000 committee-passage
• 2015-05-13 Placed on Calendar 2nd Reading - Short Debate
• 2015-05-19 Added Alternate Co-Sponsor Rep. David B. Reis
• 2015-05-19 Second Reading - Short Debate reading-2
• 2015-05-19 Placed on Calendar Order of 3rd Reading - Short Debate
• 2015-05-20 Third Reading - Short Debate - Passed 114-000-000 reading-3, passage
• 2015-05-20 Passed Both Houses
• 2015-06-18 Sent to the Governor executive-receipt
• 2015-07-28 Governor Approved executive-signature
• 2015-07-28 Effective Date January 1, 2016
• 2015-07-28 Public Act . . . . . . . . . 99-0162 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bb54b870-c76d-4345-be53-0e3670a600af. Confidence: reported (aggregated from official Illinois legislature records).