INS CD-GUARANTY FUND RECOVERY Senate SponsorsSen. William R. Haine House Sponsors(Rep. Robert Rita and Monique D. Davis) 8/17/2015SenatePublic Act . . . . . . . . . 99-0387 215 ILCS 5/537.4from Ch. 73, par. 1065.87-4215 ILCS 5/546from Ch. 73, par. 1065.96Amends the Illinois Insurance Code. Provides that if the Illinois Insurance Guaranty Fund pays a covered claim without the exhaustion of other coverage, the Fund shall have an independent right of recovery against each insurer whose coverage was not exhausted. Provides that the extent of the Fund's subrogation rights and any other rights of reimbursement with respect to its covered claims payments shall be determined independently by taking into account the Fund's independent rights of recovery. Effective immediately. 2/20/2015SenateFiled with Secretary by Sen. William R. Haine 2/20/2015SenateFirst Reading 2/20/2015SenateReferred to Assignments 3/12/2015SenateAssigned to Insurance 3/19/2015SenatePostponed - Insurance 3/26/2015SenateDo Pass Insurance; 013-000-000 3/26/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015 4/15/2015SenateSecond Reading 4/15/2015SenatePlaced on Calendar Order of 3rd Reading April 16, 2015 4/16/2015SenateThird Reading - Passed; 047-000-000 4/16/2015HouseArrived in House 4/20/2015HouseChief House Sponsor Rep. Dwight Kay 4/20/2015HouseFirst Reading 4/20/2015HouseReferred to Rules Committee 4/22/2015HouseAlternate Chief Sponsor Changed to Rep. Robert Rita 5/13/2015HouseFinal Action Deadline Extended-9(b) May 22, 2015 5/13/2015HouseAssigned to Insurance Committee 5/20/2015HouseDo Pass / Short Debate Insurance Committee; 013-000-000 5/20/2015HousePlaced on Calendar 2nd Reading - Short Debate 5/21/2015HouseSecond Reading - Short Debate 5/21/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/21/2015HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis 5/22/2015HouseFinal Action Deadline Extended-9(b) May 31, 2015 5/28/2015HouseThird Reading - Short Debate - Passed 116-000-000 5/28/2015SenatePassed Both Houses 6/24/2015SenateSent to the Governor 8/17/2015SenateGovernor Approved 8/17/2015SenateEffective Date August 17, 2015 8/17/2015SenatePublic Act . . . . . . . . . 99-0387