91st General Assembly
Summary of HB1470
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House Sponsors:
WOOLARD.

Short description: 
INS MINE SUBSIDNCE GOVT RISK                                               

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Code.  Provides that  the  Illinois      
   Mine  Subsidence Insurance Fund may be used to provide reinsurance for      
   insurers who insure or  reinsure  intergovernmental  cooperatives  for      
   mine  subsidence  losses.   Removes provisions authorizing the Fund to      
   enter into reinsurance agreements with intergovernmental  cooperatives      
   that provide joint self-insurance for mine subsidence.                      
          FISCAL NOTE (Department of Insurance)                                
          HB1470 will have no fiscal impact on the Department.                 
        HOUSE AMENDMENT NO. 1.                                                 
        Replaces the title and  everything  after  the  enacting  clause.      
   Amends  the  Illinois  Insurance  Code.  Makes a technical change with      
   respect to a cross-reference relating to the Illinois Mine  Subsidence      
   Insurance Fund.                                                             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status