Fabio
93 lines
4.7 KiB
Markdown
93 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "FARM MUTUAL INS-INVESTMENTS"
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description: "Amends the Farm Mutual Insurance Company Act of 1986. Makes changes with regard to the types of financial instruments that the funds of a company operating under or regulated by the provisions of the Act may be invested in without the prior approval of the Director of Insurance."
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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: "SB 2662"
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citation: "Illinois SB 2662 (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: 33
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vote_count: 2
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first_action: "2014-01-21"
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last_action: "2014-08-01"
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source: "openstates"
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source_identifier: "ocd-bill/024d9445-6f57-48a8-976f-cf70c3501f12"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2662&GAID=12&DocTypeID=SB&LegId=78183&SessionID=85&GA=98"
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source_hash: "4dbe4f995904b4968d1f395d3a50f1eb5cc1a62ef05d43011c2457af5a5167b7"
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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 2662 (98th) — FARM MUTUAL INS-INVESTMENTS
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Amends the Farm Mutual Insurance Company Act of 1986. Makes changes with regard to the types of financial instruments that the funds of a company operating under or regulated by the provisions of the Act may be invested in without the prior approval of the Director of Insurance.
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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=09800SB2662&GA=98&SessionId=85&DocTypeId=SB&LegID=78183&DocNum=2662&GAID=12&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB2662eng&GA=98&SessionId=85&DocTypeId=SB&LegID=78183&DocNum=2662&GAID=12&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800SB2662enr&GA=98&SessionId=85&DocTypeId=SB&LegID=78183&DocNum=2662&GAID=12&Session=&print=true)
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## Votes
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- Third Reading — **54–0** (pass) · upper
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- Third Reading — **108–0** (pass) · lower
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## Sponsors
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- William R. Haine — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2014-01-21** Filed with Secretary by Sen. William R. Haine `filing`
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- **2014-01-21** First Reading `reading-1`
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- **2014-01-21** Referred to Assignments `referral-committee`
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- **2014-01-29** Assigned to Insurance `referral-committee`
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- **2014-02-04** Waive Posting Notice
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- **2014-02-05** Do Pass Insurance; 009-000-000 `committee-passage`
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- **2014-02-05** Placed on Calendar Order of 2nd Reading February 18, 2014
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- **2014-02-20** Second Reading `reading-2`
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- **2014-02-20** Placed on Calendar Order of 3rd Reading February 25, 2014
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- **2014-03-17** Senate Floor Amendment No. 1 Filed with Secretary by Sen. William R. Haine `amendment-introduction`
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- **2014-03-17** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
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- **2014-03-19** Senate Floor Amendment No. 1 Be Approved for Consideration Assignments
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- **2014-04-01** Recalled to Second Reading `reading-2`
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- **2014-04-01** Senate Floor Amendment No. 1 Adopted; Haine `amendment-passage`
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- **2014-04-01** Placed on Calendar Order of 3rd Reading April 2, 2014
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- **2014-04-02** Third Reading - Passed; 054-000-001 `reading-3, passage`
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- **2014-04-03** Arrived in House `introduction`
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- **2014-04-03** Chief House Sponsor Rep. Dwight Kay
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- **2014-04-03** Alternate Chief Sponsor Changed to Rep. Frank J. Mautino
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- **2014-04-03** Added Alternate Chief Co-Sponsor Rep. Dwight Kay
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- **2014-04-03** First Reading `reading-1`
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- **2014-04-03** Referred to Rules Committee `referral-committee`
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- **2014-04-23** Assigned to Insurance Committee `referral-committee`
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- **2014-04-29** Do Pass / Short Debate Insurance Committee; 020-000-000 `committee-passage`
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- **2014-04-30** Placed on Calendar 2nd Reading - Short Debate
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- **2014-05-07** Second Reading - Short Debate `reading-2`
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- **2014-05-07** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2014-05-08** Third Reading - Short Debate - Passed 108-000-000 `reading-3, passage`
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- **2014-05-08** Passed Both Houses
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- **2014-06-06** Sent to the Governor `executive-receipt`
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- **2014-08-01** Governor Approved `executive-signature`
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- **2014-08-01** Effective Date January 1, 2015
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- **2014-08-01** Public Act . . . . . . . . . 98-0823 `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/024d9445-6f57-48a8-976f-cf70c3501f12`. Confidence: reported (aggregated from official Illinois legislature records).
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