Bill Title: Amends the Illinois Vehicle Code. Changes the amount of the continuous surety company bond that a qualified driver exam training school must hold to $10,000 for a non-accredited school, $40,000 for a CDL or teenage accredited school, $60,000 for a CDL accredited and teenage accredited school, $50,000 for a CDL or teenage accredited school with three or more licensed branches, $70,000 for a CDL accredited and teenage accredited school with three or more licensed branches (rather than a $20,000 requirement that applied to all driver exam training schools). Effective January 1, 2011.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-07-14 - Public Act . . . . . . . . . 96-1062 [SB3682 Detail]

Text: Latest bill text (Enrolled) [HTML]

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