HB302 | Illinois 2017-2018 | LIFE INS-UNCLAIMED BENEFITS

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On November 9, 2017 in the House:

Public Act . . . . . . . . . 100-0543
Effective Date January 1, 2018

On November 8, 2017 in the House:

Amendatory Veto Overridden Both Houses

On November 8, 2017 in the Senate:

Override Amendatory Veto - Senate Passed 038-016-000
3/5 Vote Required

On November 7, 2017 in the Senate:

Motion Filed Override Amendatory Veto Sen. Jacqueline Y. Collins

On November 1, 2017 in the Senate:

Placed on Calendar Amendatory Veto

On October 25, 2017 in the House:

Override Amendatory Veto - House Passed 071-040-000
3/5 Vote Required

On October 20, 2017 in the House:

Motion Filed Override Amendatory Veto Rep. Robert Martwick

On October 12, 2017 in the House:

Placed on Calendar Amendatory Veto

On August 25, 2017 in the House:

Governor Amendatory Veto

On June 29, 2017 in the House:

Sent to the Governor

On May 31, 2017 in the House:

Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
Senate Committee Amendment No. 1 House Concurs 065-047-000
House Concurs
Passed Both Houses

On May 30, 2017 in the House:

Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
Senate Committee Amendment No. 1 Motion Filed Concur Rep. Robert Martwick
Placed on Calendar Order of Concurrence Senate Amendment(s) 1
Arrived in House

On May 30, 2017 in the Senate:

Third Reading - Passed; 036-019-000

On May 29, 2017 in the Senate:

Placed on Calendar Order of 3rd Reading May 30, 2017
Second Reading
Placed on Calendar Order of 2nd Reading
Do Pass as Amended Executive; 010-005-000
Senate Committee Amendment No. 1 Adopted

On May 26, 2017 in the Senate:

Senate Committee Amendment No. 1 Assignments Refers to Executive
Re-referred to Executive
Rule 2-10 Committee Deadline Established As May 31, 2017
Waive Posting Notice

On May 25, 2017 in the Senate:

Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins

On May 19, 2017 in the Senate:

Rule 2-10 Committee Deadline Established As May 26, 2017

On May 12, 2017 in the Senate:

Rule 2-10 Committee Deadline Established As May 19, 2017

On May 2, 2017 in the Senate:

Assigned to Insurance
Sponsor Removed Sen. Steven M. Landek

On April 26, 2017 in the Senate:

Referred to Assignments
First Reading
Chief Senate Sponsor Sen. Jacqueline Y. Collins
Placed on Calendar Order of First Reading
Arrive in Senate

On April 25, 2017 in the House:

Third Reading - Short Debate - Passed 068-047-000
State Mandates Fiscal Note Filed
Home Rule Note Filed

On April 19, 2017 in the House:

State Debt Impact Note Filed

On April 17, 2017 in the House:

Pension Note Filed

On April 13, 2017 in the House:

Judicial Note Filed
Housing Affordability Impact Note Filed
Correctional Note Filed
Balanced Budget Note Filed

On April 5, 2017 in the House:

Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate

On March 14, 2017 in the House:

Fiscal Note Filed

On March 9, 2017 in the House:

Fiscal Note Requested by Rep. Tom Demmer

On March 8, 2017 in the House:

Placed on Calendar 2nd Reading - Short Debate

On March 7, 2017 in the House:

Do Pass / Short Debate Consumer Protection Committee; 003-002-000

On January 25, 2017 in the House:

Assigned to Consumer Protection Committee

On January 11, 2017 in the House:

Referred to Rules Committee
First Reading

On January 10, 2017 in the House:

Prefiled with Clerk by Rep. Robert Martwick

Senate Amendment 001

Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes: In provisions amending the Unclaimed Life Insurance Benefits Act, provides that an insurer shall initially perform a comparison of certain policies, contracts, and accounts in force on or after January 1, 2012 by using the full Death Master File (rather than all certain policies, contracts, and accounts). Provides that an insurer required to perform a comparison of certain policies, contracts, and accounts in force on or after January 1, 2000 shall perform a comparison of certain policies, contracts, and accounts in force between January 1, 2000 and December 31, 2016 on or before December 31, 2018 by using the full Death Master File. Removes language requiring an insurer to request information sufficient to ensure that all benefits or proceeds are distributed to the appropriate persons upon the death of the insured. Further amends the Unclaimed Life Insurance Benefits Act. Requires the Department of Insurance to define "electronic searchable files" in rules. Removes provisions allowing the Department to limit an insurer's Death Master File comparisons to the insurer's electronic searchable files or approve a plan and timeline for conversion of the insurer's files to searchable electronic files upon a demonstration of hardship by the insurer. Provides that the Act applies to policies, annuity contracts, and retained asset accounts in force at any time on or after January 1, 2012 (rather than on or after January 1, 1996). Provides that for an insurer that has entered into a written agreement with the State Treasurer on or before December 31, 2018 to resolve an unclaimed property examination, the provisions of the Act apply to certain policies, contracts, and accounts in force or after January 1, 2017. Provides that the provisions of the Act apply to certain policies, contracts and accounts in force at any time on or after January 1, 2000 to the extent that an insurer has electronic searchable files concerning those policies, contracts, and accounts.