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<xml>
<title>Illinois General Assembly - Bill Status for SB 2662         </title>
<shortdesc>FARM MUTUAL INS-INVESTMENTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William R. Haine</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Frank J. Mautino-Dwight Kay)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/1/2014</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0823</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>215 ILCS 120/12</reference><aliasreference>from Ch. 73, par. 1262</aliasreference><SynopsisText>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.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<SynopsisText>Replaces references of "entity" with "issuer".</SynopsisText></synopsis>
<actions>
<statusdate>1/21/2014</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. William R. Haine</action>
<statusdate>1/21/2014</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/21/2014</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/29/2014</statusdate><chamber>Senate</chamber><action>Assigned to Insurance</action>
<statusdate>2/4/2014</statusdate><chamber>Senate</chamber><action>Waive Posting Notice</action>
<statusdate>2/5/2014</statusdate><chamber>Senate</chamber><action>Do Pass Insurance;  009-000-000</action>
<statusdate>2/5/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 18, 2014</action>
<statusdate>2/20/2014</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/20/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading February 25, 2014</action>
<statusdate>3/17/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. William R. Haine</action>
<statusdate>3/17/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>3/19/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Be Approved for Consideration Assignments</action>
<statusdate>4/1/2014</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/1/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Haine</action>
<statusdate>4/1/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 2, 2014</action>
<statusdate>4/2/2014</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-001</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Dwight Kay</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>Alternate Chief Sponsor Changed to Rep. Frank J. Mautino</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Dwight Kay</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/3/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/23/2014</statusdate><chamber>House</chamber><action>Assigned to Insurance Committee</action>
<statusdate>4/29/2014</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Insurance Committee;  020-000-000</action>
<statusdate>4/30/2014</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/7/2014</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/7/2014</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/8/2014</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 108-000-000</action>
<statusdate>5/8/2014</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/6/2014</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/1/2014</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/1/2014</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2015</action>
<statusdate>8/1/2014</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0823</action>
</actions>
</xml>

