92nd General Assembly
Status of HB5607
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   215 ILCS 5/229.4          from Ch. 73, par. 841.4                           

        Amends the Illinois Insurance Code.  Provides that from  July  1,      
   2002  until  July  1,  2005  the  rate of interest used in calculating      
   minimum nonforfeiture amounts for certain  contracts  shall  be  1.5%,      
   rather than 3%, per year.  Effective July 1, 2002.                          
          FISCAL NOTE (Department of Insurance)                                
          House Bill 5607 will have no fiscal impact on the Department.        
   FEB-06-2002  H  FILED WITH CLERK                                               
   FEB-06-2002  H  FIRST READING                                                  
   FEB-06-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-07-2002  H  ADDED AS A JOINT SPONSOR                 BRUNSVOLD             
   FEB-07-2002  H  ADDED AS A JOINT SPONSOR                 GRANBERG              
   FEB-13-2002  H       ASSIGNED TO COMMITTEE               INSURANCE             
   FEB-15-2002  H  PRIMARY SPONSOR CHANGED TO               BRUNSVOLD             
   FEB-15-2002  H  JOINT-SPONSOR CHANGED TO                 RUTHERFORD            
   FEB-15-2002  H  ADDED AS A CO-SPONSOR                    HASSERT               
   FEB-20-2002  H                         FISCAL NOTE FILED                       
   FEB-20-2002  H                   COMMITTEE               INSURANCE             
   FEB-20-2002  H  ADDED AS A JOINT SPONSOR                 PARKE                 
   FEB-20-2002  H  ADDED AS A JOINT SPONSOR                 YARBROUGH             
   FEB-21-2002  H  DO PASS/SHORT DEBATE                     012-000-000   HINS    
   FEB-21-2002  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   FEB-22-2002  H  ADDED AS A CO-SPONSOR                    BEAUBIEN              
   MAR-22-2002  H  SECOND READING-SHORT DEBATE                                    
   MAR-22-2002  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   APR-01-2002  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-02-2002  H  THIRD READING/SHORT DEBATE/PASSED        114-000-000           
   APR-03-2002  S  ARRIVE IN SENATE                                               
   APR-03-2002  S  PLACED CALENDAR ORDER OF FIRST READING   02-04-04              
   APR-03-2002  S  CHIEF SPONSOR                            PETERSON              
   APR-03-2002  S  FIRST READING                                                  
   APR-03-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-10-2002  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   APR-16-2002  S       DO PASS                             007-000-000   SINS    
   APR-16-2002  S  PLACED ON CALENDAR ORDER OF 2ND READING  02-04-07              
   APR-17-2002  S  SECOND READING                                                 
   APR-17-2002  S  PLACED ON CALENDAR ORDER OF 3RD READING  02-04-18              
   APR-18-2002  S  THIRD READING - PASSED                   057-000-000           
   APR-18-2002  H  PASSED BOTH HOUSES                                             
   APR-22-2002  H  SENT TO THE GOVERNOR                                           
   JUN-12-2002  H  GOVERNOR APPROVED                                              
   JUN-12-2002  H                            EFFECTIVE DATE 02-07-01              
   JUN-12-2002  H  PUBLIC ACT.............................. 92-0541               


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