Bill Status of SB 2497   94th General Assembly


Short Description:  VEH RENTERS-DAMAGE WAIVERS

Senate Sponsors
Sen. Terry Link

Last Action  View All Actions

DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 27/15

Synopsis As Introduced
Amends the Renter's Financial Responsibility and Protection Act. Provides for a uniform limit on the amount per day that the renter of a vehicle may be charged for collision damage waivers (rather than providing a limit that is lower than the uniform limit amount if the rental vehicle type has a suggested retail price of $30,000 or less and a limit that is higher than the uniform limit amount if the rental vehicle type has a suggested retail price of more than $30,000). Provides for a $1 increase in the limit amount, beginning on January 1, 2008, and an additional increase of $1 on each second subsequent January 1, through January 1, 2016.

Actions 
DateChamber Action
  1/18/2006SenateFiled with Secretary by Sen. Terry Link
  1/18/2006SenateFirst Reading
  1/18/2006SenateReferred to Rules
  1/9/2007SenateSession Sine Die

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