Illinois Statutes
§ 5-30 — Transfers from Insurance Producer Administration Fund
Illinois·Topic REGULATION·Ch. 215 INSURANCE·Act 215 ILCS 122/ Illinois Health Benefits Exchange Law.·Art. Article 5 - Illinois Health Benefits Exchange
(a)During fiscal year 2024 only, at the direction of and upon notification from the Director of Insurance, the State Comptroller shall direct and the State Treasurer shall transfer up to a total of $10,000,000 from the Insurance Producer Administration Fund to the Illinois Health Benefits Exchange Fund.
(b)During fiscal year 2025 only, at the direction of and upon notification from the Director of Insurance, the State Comptroller shall direct and the State Treasurer shall transfer up to a total of $15,500,000 from the Insurance Producer Administration Fund to the Illinois Health Benefits Exchange Fund.
(c)This Section is repealed on January 1, 2026.
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Legislative History
(Source: P.A. 103-588, eff. 6-5-24. Repealed internally, eff. 1-1-26.)
Nearby Sections
15
§ 5
Purpose§ 5-1
Short title§ 5-10
Exchange functions§ 5-15
§ 5-15§ 5-20
Committee study§ 5-21
Monthly assessments§ 5-23
§ 5-23§ 5-25
Federal action§ 5-3
Legislative intent