Bill Sponsors: IL HB5559 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Insurance Code. Provides that upon the determination of a total loss of an insured vehicle, the insurance company shall provide the insured with a brief description of how that determination was made, including any available repair estimate, estimated vehicle salvage value, assessed market value, and other costs and calculations used. Provides that the provisions apply to policies issued or renewed on or after July 1, 2025.

Spectrum: Moderate Partisan Bill (Democrat 9-1)

Status: (Enrolled) 2024-06-13 - Sent to the Governor [HB5559 Detail]

Text: Latest bill text (Enrolled) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Tracy Katz Muhl [D]PrimarySponsored BillsHD-057FollowTheMoneyBallotpediaVoteSmart
Representative Jawaharial Williams [D]CosponsorSponsored BillsHD-010FollowTheMoneyBallotpediaVoteSmart
Representative Mary Canty [D]CosponsorSponsored BillsHD-054FollowTheMoneyBallotpediaVoteSmart
Representative Laura Faver Dias [D]CosponsorSponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart
Representative Will Guzzardi [D]CosponsorSponsored BillsHD-039FollowTheMoneyBallotpediaVoteSmart
Representative Jeff Keicher [R]CosponsorSponsored BillsHD-070FollowTheMoneyBallotpediaVoteSmart
Representative Thaddeus Jones [D]CosponsorSponsored BillsHD-029FollowTheMoneyBallotpediaVoteSmart
Representative Bob Morgan [D]CosponsorSponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Martin Moylan [D]CosponsorSponsored BillsHD-055FollowTheMoneyBallotpediaVoteSmart
Senator Julie Morrison [D]PrimarySponsored BillsSD-029FollowTheMoneyBallotpediaVoteSmart

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