summary
Introduced
02/07/2025
02/07/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
104th General Assembly
Bill Summary
Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the purpose of the Article regarding nonprofit risk organizations.
AI Summary
This bill makes a minor technical adjustment to the Illinois Insurance Code, specifically to Section 123D-1, which outlines the purpose of an article concerning nonprofit risk organizations. The change involves a slight rewording to clarify that the purpose of this article is to facilitate the establishment and operation of nonprofit risk organizations that provide insurance to other nonprofit organizations and that meet the criteria for a "qualified charitable risk pool" as defined by federal law, specifically Section 501(n) of the Internal Revenue Code. Essentially, it's a small grammatical correction to ensure the existing law accurately reflects its intended meaning regarding these specific types of insurance pools.
Committee Categories
Government Affairs
Sponsors (7)
Lindsey LaPointe (D)*,
Dee Avelar (D),
Mary Gill (D),
Camille Lilly (D),
Anna Moeller (D),
Bob Morgan (D),
Nabeela Syed (D),
Last Action
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee (on 03/21/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3707&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| House Amendment 001 | https://www.ilga.gov/legislation/104/HB/10400HB3707ham001.htm |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB3707.htm |
Loading...