IL HB1460 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Passed on August 9 2013 - 100% progression
Action: 2013-08-09 - Public Act . . . . . . . . . 98-0222
Text: Latest bill text (Chaptered) [HTML]

Summary

Creates the Motor Vehicle Ancillary Products Act. Provides that each ancillary product provider intending to issue or sell ancillary product contracts in the State shall file a registration with the Director of Insurance and designate a person in the State for service of process. Provides that each ancillary product provider shall pay to the Director a fee upon initial registration and every year thereafter. Provides that other than the ancillary product provider registration requirements in the provision requiring ancillary product provider registration, ancillary product providers and related ancillary product contract sellers, administrators, and other persons marketing, selling, offering to sell, or issuing ancillary product contracts are exempt from any licensing requirements of the State to conduct ancillary product contract business. Sets forth provisions concerning ancillary product provider financial requirements; ancillary product contract receipt requirements; disclosures; ancillary protection product warranties; reimbursement insurance policies; ancillary product contract exemption from insurance laws; prohibited acts; record keeping; cancellation of reimbursement insurance policies; obligations of reimbursement insurance policy insurers; enforcement provisions; premium taxes; applicability; and severability. Amends the Illinois Insurance Code to provide that the Code shall not be construed to apply to ancillary product contracts under the Motor Vehicle Ancillary Products Act. Effective January 1, 2014.

Tracking Information

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Title

MOTOR VEHICLE ANCILLARY PROD

Sponsors


Roll Calls

2013-05-14 - Senate - Third Reading in Senate (Y: 54 N: 1 NV: 4 Abs: 0) [PASS]
2013-04-12 - House - Third Reading in House (Y: 104 N: 3 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2013-08-09HousePublic Act . . . . . . . . . 98-0222
2013-08-09HouseEffective Date January 1, 2014
2013-08-09HouseGovernor Approved
2013-06-12HouseSent to the Governor
2013-05-14HousePassed Both Houses
2013-05-14SenateThird Reading - Passed; 054-001-000
2013-05-08SenatePlaced on Calendar Order of 3rd Reading May 9, 2013
2013-05-08SenateSecond Reading
2013-05-07SenatePlaced on Calendar Order of 2nd Reading May 8, 2013
2013-05-07SenateDo Pass Insurance; 009-000-000
2013-05-02SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
2013-04-23SenateAssigned to Insurance
2013-04-16SenateReferred to Assignments
2013-04-16SenateFirst Reading
2013-04-12SenateChief Senate Sponsor Sen. Michael E. Hastings
2013-04-12SenatePlaced on Calendar Order of First Reading April 16, 2013
2013-04-12SenateArrive in Senate
2013-04-12HouseThird Reading - Short Debate - Passed 104-003-000
2013-04-11HouseAdded Chief Co-Sponsor Rep. Michael P. McAuliffe
2013-04-10HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-04-10HouseSecond Reading - Short Debate
2013-03-20HousePlaced on Calendar 2nd Reading - Short Debate
2013-03-20HouseDo Pass as Amended / Short Debate Judiciary; 016-000-000
2013-03-20HouseHouse Committee Amendment No. 1 Adopted in Judiciary; by Voice Vote
2013-03-19HouseAdded Chief Co-Sponsor Rep. Greg Harris
2013-03-15HouseChief Sponsor Changed to Rep. Robert F. Martwick
2013-03-14HouseAdded Chief Co-Sponsor Rep. Emanuel Chris Welch
2013-03-13HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary
2013-03-12HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2013-03-12HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Greg Harris
2013-02-19HouseAssigned to Judiciary
2013-02-13HouseReferred to Rules Committee
2013-02-13HouseFirst Reading
2013-02-06HouseFiled with the Clerk by Rep. Greg Harris

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21552.5Amended CodeCitation Text

Illinois State Sources


Bill Comments

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