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IL SB1726
Bill
AI Summary
SB1726 Summary
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Amends the Intergovernmental Cooperation Act to require that any intergovernmental joint self-insurance contract executed, amended, or renewed on or after the bill's effective date must allow public agency members to terminate participation with at least 90 days written notice.
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Permits public agency members to terminate participation in a joint insurance pool or intergovernmental cooperative after a shorter notice period if all parties to the contract mutually agree.
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Applies to contracts for joint self-insurance among public agencies covering liability, loss, workers' compensation, health insurance, and life insurance.
Legislative Description
JOINT SELF-INSURANCE
Last Action
Session Sine Die
1/13/2015
Committee Referrals
Assignments2/15/2013
Full Bill Text
No bill text available