State of Illinois
91st General Assembly
Legislation

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[ Introduced ]

91_HB1579eng

 
HB1579 Engrossed                               LRB9101935WHdv

 1        AN ACT to amend the Workers' Compensation Act by changing
 2    Section 4a-1.

 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:

 5        Section  5.   The Workers' Compensation Act is amended by
 6    changing Section 4a-1 as follows:

 7        (820 ILCS 305/4a-1) (from Ch. 48, par. 138.4a-1)
 8        Sec.   4a-1.  Self-Insurers    Advisory    Board.     The
 9    Self-Insurers Advisory Board is hereby established within the
10    Commission  for the purpose of providing for the continuation
11    of workers' compensation and  occupational  disease  benefits
12    due  and  unpaid  or  interrupted  due to the inability of an
13    insolvent  self-insurer  as  defined  in  subsection  (d)  of
14    Section 4a-2 to meet its compensation  obligations  when  the
15    employers'  financial  resources,  security deposit, guaranty
16    agreements, surety agreements and excess insurance are either
17    inadequate or not immediately accessible for the  payment  of
18    benefits,  and to review and recommend to the Chairman of the
19    Commission  the  disposition  of  all  initial  and   renewal
20    applications  to  self-insure  filed by private self-insurers
21    under this Act and the Workers' Occupational Diseases Act.
22    (Source: P.A. 85-1385.)

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