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Key Votes

HB 4595 - Establishes the Illinois Employers Mutual Insurance Company - Illinois Key Vote

LaToya Greenwood voted Yea (Passage) on this Legislation.

Read statements LaToya Greenwood made in this general time period.

Timeline

Issues Related to HB 4595

Stage Details

Legislation - Referred to Committee (House) -

Title: Establishes the Illinois Employers Mutual Insurance Company

Legislation - Bill Passed (House) (62-43) - (Key vote)
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Title: Establishes the Illinois Employers Mutual Insurance Company

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that establishes the Illinois Employers Mutual Insurance company, a worker's compensation insurance company underwritten by the state.

Highlights:

 

  • Establishes the Illinois Employers Mutual Insurance Company as a nonprofit, independent public corporation to insure Illinois employers against workers compensation liability and occupational disease coverage (Sec. 5).

  • Authorizes $10 million in funds from the Illinois Workers Compensation Commission Operations Fund to the Illinois Employment Mutual Insurance Company for start-up funding and initial costs that is to be paid back in full within 5 years (Sec. 5).

  • Specifies that the Illinois Employment Mutual Insurance Company will not be considered a state agency for any purpose (Sec. 5).

  • Authorizes the governor to appoint with the approval of the Senate, 7 individuals for the Board of Directors for the Illinois Employment Mutual Insurance Company that will serve out terms no longer than 5 years (Sec. 5).

  • Prohibits the Board of Directors from being composed of individuals who have an interest as a stockholder, attorney, or contractor of a company that writes workers compensation insurance, or are the spouse or immediate family member of an individual with a vested interest (Sec. 5).

  • Specifies that the Board of Directors may be composed of individuals who previously worked as a stockholder, attorney, or contractor of a company that writes workers compensation insurance (Sec. 5).

Legislation - Introduced (House) -

Title: Establishes the Illinois Employers Mutual Insurance Company

Co-sponsors

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