<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2766         </title>
<shortdesc>INS CD-HMO-FOREIGN CORP</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William R. Haine</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Michael J. Zalewski)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>215 ILCS 125/1-2</reference><aliasreference>from Ch. 111 1/2, par. 1402</aliasreference><reference>215 ILCS 125/1-3</reference><aliasreference>from Ch. 111 1/2, par. 1402.1</aliasreference><reference>215 ILCS 125/2-1</reference><aliasreference>from Ch. 111 1/2, par. 1403</aliasreference><reference>215 ILCS 125/2-4</reference><aliasreference>from Ch. 111 1/2, par. 1406</aliasreference><reference>215 ILCS 125/2-6</reference><aliasreference>from Ch. 111 1/2, par. 1406.2</aliasreference><reference>215 ILCS 125/3-1</reference><aliasreference>from Ch. 111 1/2, par. 1407.3</aliasreference><reference>215 ILCS 125/5-3</reference><aliasreference>from Ch. 111 1/2, par. 1411.2</aliasreference><SynopsisText>Amends the Health Maintenance Organization Act. Makes changes to the definition of "organization" and "admitted assets". Removes language providing that a foreign corporation may qualify for a certification of authority to establish and operate a Health Maintenance Organization under the Act and makes conforming changes. Removes language concerning allocations of net worth and contingent reserves for certain companies. Removes obsolete and duplicative language concerning statutory deposits for certain organizations. Provides that Health Maintenance Organizations are subject to certain financial examination provisions of the Illinois Insurance Code. Makes technical changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. William R. Haine</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/17/2016</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/1/2016</statusdate><chamber>Senate</chamber><action>Assigned to Insurance</action>
<statusdate>4/6/2016</statusdate><chamber>Senate</chamber><action>Do Pass Insurance;  011-000-000</action>
<statusdate>4/6/2016</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 7, 2016</action>
<statusdate>4/18/2016</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/18/2016</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 19, 2016</action>
<statusdate>4/20/2016</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 057-000-000</action>
<statusdate>4/21/2016</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/21/2016</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Michael J. Zalewski</action>
<statusdate>4/21/2016</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/21/2016</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

