IL HB2587 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Vehicle Code. Increases the maximum liability of a renter of a vehicle for damages resulting from loss due to theft of the vehicle from $2,000 to the actual and reasonable costs incurred up to the fair market value of the vehicle immediately before the loss occurred, as calculated by a commonly and commercially accepted method to establish a fair market value. Effective January 1, 2014.

Tracking Information

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Title

VEH CD-RENTAL CAR INSURANCE

Sponsors


History

DateChamberAction
2014-12-03HouseSession Sine Die
2013-02-21HouseReferred to Rules Committee
2013-02-21HouseFirst Reading
2013-02-21HouseFiled with the Clerk by Rep. Arthur Turner

Code Citations

ChapterArticleSectionCitation TypeStatute Text
62556-305.2Amended CodeCitation Text

Illinois State Sources


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