Illinois HB 5089: CMS-SETTLEMENT-AMOUNT APPROVAL

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 Full Text of HB5089

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HB5089 EngrossedLRB104 20082 HLH 33533 b

1 AN ACT concerning State government.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Department of Central Management Services 

5Law of the Civil Administrative Code of Illinois is amended by 

6changing Section 405-105 as follows:

7 (20 ILCS 405/405-105) (was 20 ILCS 405/64.1)

8 Sec. 405-105. Fidelity, surety, property, and casualty 

9insurance. The Department shall establish and implement a 

10program to coordinate the handling of all fidelity, surety, 

11property, and casualty insurance exposures of the State and 

12the departments, divisions, agencies, branches, and 

13universities of the State. In performing this responsibility, 

14the Department shall have the power and duty to do the 

15following:

16 (1) Develop and maintain loss and exposure data on all 

17 State property.

18 (2) Study the feasibility of establishing a 

19 self-insurance plan for State property and prepare 

20 estimates of the costs of reinsurance for risks beyond the 

21 realistic limits of the self-insurance.

22 (3) Prepare a plan for centralizing the purchase of 

23 property and casualty insurance on State property under a 

HB5089 Engrossed- 2 -LRB104 20082 HLH 33533 b

1 master policy or policies and purchase the insurance 

2 contracted for as provided in the Illinois Purchasing Act.

3 (4) Evaluate existing provisions for fidelity bonds 

4 required of State employees and recommend changes that are 

5 appropriate commensurate with risk experience and the 

6 determinations respecting self-insurance or reinsurance so 

7 as to permit reduction of costs without loss of coverage.

8 (5) Investigate proc