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IL SB2635

Bill

Status

Failed

1/13/2015

Primary Sponsor

Antonio Munoz

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Increases the Board of Directors of the Illinois Mine Subsidence Insurance Fund from 11 to 13 members.

  • Adds 2 public directors to the board, increasing public directors from 4 to 6 total members.

  • Requires one new public director to be appointed for a term expiring in 2016 and one for a term expiring in 2017.

  • Maintains existing board composition of 6 insurance industry directors and 1 licensed insurance producer, with all directors appointed by the Director of Insurance.

Legislative Description

INS CD-MINE SUBSIDENCE FUND

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments3/28/2014
Insurance1/29/2014
Assignments1/21/2014

Full Bill Text

No bill text available