IL HB5559 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 9-1)
Status: Passed on July 1 2024 - 100% progression
Action: 2024-07-01 - Effective Date January 1, 2025
Text: Latest bill text (Chaptered) [HTML]

Summary

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.

Tracking Information

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Title

INS-AUTO INSURANCE-REPAIRS

Sponsors


History

DateChamberAction
2024-07-01HouseEffective Date January 1, 2025
2024-07-01HousePublic Act . . . . . . . . . 103-0615
2024-07-01HouseGovernor Approved
2024-06-13HouseSent to the Governor
2024-05-16HousePassed Both Houses
2024-05-16SenateThird Reading - Passed; 059-000-000
2024-05-09SenatePlaced on Calendar Order of 3rd Reading
2024-05-09SenateSecond Reading
2024-05-08SenatePlaced on Calendar Order of 2nd Reading May 9, 2024
2024-05-08SenateDo Pass Insurance; 010-000-000
2024-04-30SenateRule 2-10 Committee Deadline Established As May 10, 2024
2024-04-30SenateAlternate Chief Sponsor Changed to Sen. Julie A. Morrison
2024-04-30SenateAssigned to Insurance
2024-04-24SenateReferred to Assignments
2024-04-24SenateFirst Reading
2024-04-24SenateChief Senate Sponsor Sen. Adriane Johnson
2024-04-24SenatePlaced on Calendar Order of First Reading
2024-04-24SenateArrive in Senate
2024-04-19HouseHouse Floor Amendment No. 3 Tabled
2024-04-19HouseHouse Floor Amendment No. 2 Tabled
2024-04-19HouseThird Reading - Short Debate - Passed 099-000-000
2024-04-19HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-04-19HouseHouse Floor Amendment No. 4 Adopted
2024-04-19HouseAdded Co-Sponsor Rep. Martin J. Moylan
2024-04-18HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
2024-04-18HouseAdded Chief Co-Sponsor Rep. Laura Faver Dias
2024-04-18HouseAdded Chief Co-Sponsor Rep. Mary Beth Canty
2024-04-17HouseHeld on Calendar Order of Second Reading - Short Debate
2024-04-17HouseSecond Reading - Short Debate
2024-04-17HouseAdded Co-Sponsor Rep. Bob Morgan
2024-04-17HouseAdded Co-Sponsor Rep. Thaddeus Jones
2024-04-17HouseAdded Co-Sponsor Rep. Jeff Keicher
2024-04-17HouseHouse Floor Amendment No. 4 Recommends Be Adopted Insurance Committee; 015-000-000
2024-04-16HouseHouse Floor Amendment No. 4 Rules Refers to Insurance Committee
2024-04-15HouseHouse Floor Amendment No. 3 Rules Refers to Insurance Committee
2024-04-15HouseHouse Floor Amendment No. 2 Rules Refers to Insurance Committee
2024-04-15HouseHouse Floor Amendment No. 4 Referred to Rules Committee
2024-04-15HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. Tracy Katz Muhl
2024-04-12HouseHouse Floor Amendment No. 3 Referred to Rules Committee
2024-04-12HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Tracy Katz Muhl
2024-04-11HouseHouse Floor Amendment No. 2 Referred to Rules Committee
2024-04-11HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Tracy Katz Muhl
2024-04-04HouseRemoved Co-Sponsor Rep. Will Guzzardi
2024-04-04HouseAdded Co-Sponsor Rep. Will Guzzardi
2024-04-03HousePlaced on Calendar 2nd Reading - Short Debate
2024-04-02HouseAdded Chief Co-Sponsor Rep. Jawaharial Williams
2024-04-02HouseHouse Committee Amendment No. 1 Tabled
2024-04-02HouseDo Pass / Short Debate Insurance Committee; 015-000-000
2024-04-02HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2024-04-02HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Tracy Katz Muhl
2024-02-28HouseAssigned to Insurance Committee
2024-02-09HouseReferred to Rules Committee
2024-02-09HouseFirst Reading
2024-02-09HouseFiled with the Clerk by Rep. Tracy Katz Muhl

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155143.19.4New CodeSee Bill Text

Illinois State Sources


Bill Comments

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