Bill Text: IL HB4057 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Illinois Vehicle Code. Provides that for any one person in any one accident, the required amount of liability insurance shall be $25,000 for policies issued or renewed before July 1, 2012 and $1,000,000 for any policy issued or renewed on and after July 1, 2012. Provides that the required amount of insurance for 2 or more persons in any one accident shall be: (i) $100,000 for personal injury liability insurance policies issued or renewed before July 1, 2012; (ii) $1,000,000 for policies issued or renewed on and after July 1, 2012 and before July 1, 2013; (iii) $2,000,000 for policies issued or renewed on and after July 1, 2013 and before July 1, 2014; and (iv) $3,000,000 for policies issued or renewed on and after July 1, 2014. Provides that provisions of Public Act 97-224 making certain personal injury liability insurance requirements applicable to a first division vehicle including a taxi which is used for a purpose that requires a school bus driver permit are inoperative before July 1, 2012 and are operative on and after July 1, 2012. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB4057 Detail]

Download: Illinois-2011-HB4057-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB4057 Introduced , by Rep. Roger L. Eddy SYNOPSIS AS INTRODUCED:
625 ILCS 5/12-707.01 from Ch. 95 1/2, par. 12-707.01
Amends the Illinois Vehicle Code. Provides that for any one person in any one accident, the required amount of liability insurance shall be $25,000 for policies issued or renewed before July 1, 2012 and $1,000,000 for any policy issued or renewed on and after July 1, 2012. Provides that the required amount of insurance for 2 or more persons in any one accident shall be: (i) $100,000 for personal injury liability insurance policies issued or renewed before July 1, 2012; (ii) $1,000,000 for policies issued or renewed on and after July 1, 2012 and before July 1, 2013; (iii) $2,000,000 for policies issued or renewed on and after July 1, 2013 and before July 1, 2014; and (iv) $3,000,000 for policies issued or renewed on and after July 1, 2014. Provides that provisions of Public Act 97-224 making certain personal injury liability insurance requirements applicable to a first division vehicle including a taxi which is used for a purpose that requires a school bus driver permit are inoperative before July 1, 2012 and are operative on and after July 1, 2012. Effective immediately.
LRB097 14493 HEP 59348 b
A BILL FOR
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AN ACT concerning transportation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Vehicle Code is amended by changing
Section 12-707.01 as follows:
(625 ILCS 5/12-707.01) (from Ch. 95 1/2, par. 12-707.01)
Sec. 12-707.01. Liability insurance. No school bus, first
division vehicle including a taxi which is used for a purpose
that requires a school bus driver permit, commuter van or motor
vehicle owned by or used for hire by and in connection with the
operation of private or public schools, day camps, summer camps
or nursery schools, and no commuter van or passenger car used
for a for-profit ridesharing arrangement, shall be operated for
such purposes unless the owner thereof shall carry a minimum of
personal injury liability insurance in the amount of $25,000
for policies issued or renewed before July 1, 2012, and in the
amount of $1,000,000 for any personal injury liability
insurance policy issued or renewed on and after July 1, 2012
for any one person in any one accident, and subject to the
limit for one person. The minimum amount of personal injury
liability insurance required person, $5,000,000 for two or more
persons injured by reason of the operation of the vehicle in
any one accident is as follows: accident.

HB4057 - 2 - LRB097 14493 HEP 59348 b
(i) $100,000 for personal injury liability insurance
policies issued or renewed before July 1, 2012;
(ii) $1,000,000 for personal injury liability
insurance policies issued or renewed on and after July 1,
2012 and before July 1, 2013;
(iii) $2,000,000 for personal injury liability
insurance policies issued or renewed on and after July 1,
2013 and before July 1, 2014; and
(iv) $3,000,000 for personal injury liability
insurance policies issued or renewed on and after July 1,
2014.
The provisions of Public Act 97-224 making the requirements
of this Section applicable to a first division vehicle
including a taxi which is used for a purpose that requires a
school bus driver permit are inoperative before July 1, 2012
and are operative on and after July 1, 2012.
(Source: P.A. 97-224, eff. 7-28-11.)
Section 99. Effective date. This Act takes effect upon
becoming law.