Bill Texts: 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: (Passed) 2024-07-01 - Effective Date January 1, 2025 [HB5559 Detail]

Bill Drafts

RevisionDateFormatSourceView
Chaptered2024-07-08HTML/TextLinkView
Enrolled2024-05-17HTML/TextLinkView
Engrossed2024-04-22HTML/TextLinkView
Introduced2024-02-09HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
House Amendment 0042024-04-15ProposedHTML/TextLinkView
House Amendment 0032024-04-12ProposedHTML/TextLinkView
House Amendment 0022024-04-11ProposedHTML/TextLinkView
House Amendment 0012024-04-02ProposedHTML/TextLinkView

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Illinois HB5559 currently on file.

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