<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 555    </title>
<shortdesc>INS CD-MINE SUBSIDENCE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. William R. Haine</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Thomas Holbrook-Daniel V. Beiser-Rich Brauer)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/21/2007</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 95-0334</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>215 ILCS 5/803.1</reference><aliasreference></aliasreference><reference>215 ILCS 5/805.1</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Insurance Code. Provides that the Illinois Mine Subsidence Insurance Fund shall establish the maximum amount of reinsurance available per residence, commercial building, and living unit for mine subsidence insurance. Provides that, for all policies issued or renewed on or after January 1, 2008, the reinsured loss per residence, per commercial building, and per living unit shall be the amounts established by the Fund and approved by the Director (now, the reinsured loss shall not exceed $350,000 per residence, $350,000 per commercial building, or $15,000 per living unit).</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. William R. Haine</action>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/21/2007</statusdate><chamber>Senate</chamber><action>Assigned to Insurance</action>
<statusdate>3/8/2007</statusdate><chamber>Senate</chamber><action>Postponed - Insurance</action>
<statusdate>3/15/2007</statusdate><chamber>Senate</chamber><action>Do Pass Insurance;  010-000-000</action>
<statusdate>3/15/2007</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 20, 2007</action>
<statusdate>3/20/2007</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/20/2007</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 21, 2007</action>
<statusdate>3/29/2007</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>3/30/2007</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/30/2007</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/30/2007</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Thomas Holbrook</action>
<statusdate>4/9/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/9/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/30/2007</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>5/10/2007</statusdate><chamber>House</chamber><action>Do Pass / Short Debate State Government Administration Committee;  008-000-000</action>
<statusdate>5/10/2007</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/22/2007</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/22/2007</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/24/2007</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 115-000-001</action>
<statusdate>5/24/2007</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>5/24/2007</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Daniel V. Beiser</action>
<statusdate>5/24/2007</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Rich Brauer</action>
<statusdate>6/22/2007</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/21/2007</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/21/2007</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2008</action>
<statusdate>8/21/2007</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 95-0334</action>
</actions>
</xml>

