|
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB2524 Introduced 11/9/2011, by Sen. Linda Holmes 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 the following changes made by Public Act 97-224 apply only to personal injury liability insurance policies issued or renewed on and after July 1, 2012: (i) adding a first division vehicle including a taxi which is used for a purpose that requires a school bus driver permit to the list of certain vehicles required to carry personal injury liability insurance; and (ii) increasing the required amount of insurance to $1,000,000 (instead of $25,000) for any one person in any one accident and $5,000,000 (instead of $100,000) for two or more persons in any one accident. Effective immediately. |
| |
| | A BILL FOR |
|
|
| | SB2524 | | LRB097 14264 HEP 59017 b |
|
|
| 1 | | AN ACT concerning transportation.
|
| 2 | | Be it enacted by the People of the State of Illinois,
|
| 3 | | represented in the General Assembly:
|
| 4 | | Section 5. The Illinois Vehicle Code is amended by changing |
| 5 | | Section 12-707.01 as follows:
|
| 6 | | (625 ILCS 5/12-707.01) (from Ch. 95 1/2, par. 12-707.01)
|
| 7 | | Sec. 12-707.01. Liability insurance. No school bus, first |
| 8 | | division vehicle including a taxi which is used for a purpose |
| 9 | | that requires a school bus driver permit, commuter van or
motor |
| 10 | | vehicle owned by or used for hire by and in connection with the
|
| 11 | | operation of private or public schools, day camps, summer camps |
| 12 | | or
nursery schools, and no commuter van or passenger car used |
| 13 | | for a for-profit
ridesharing arrangement, shall be operated for |
| 14 | | such purposes unless the owner
thereof shall carry a minimum of |
| 15 | | personal injury liability insurance in
the amount of $1,000,000 |
| 16 | | for any one person in any one accident, and
subject to the |
| 17 | | limit for one person, $5,000,000 for two or more persons
|
| 18 | | injured by reason of the operation of the vehicle in any one |
| 19 | | accident.
|
| 20 | | The changes made to this Section by Public Act 97-224 apply |
| 21 | | only to personal injury liability insurance policies issued or |
| 22 | | renewed on and after July 1, 2012. |
| 23 | | (Source: P.A. 97-224, eff. 7-28-11.)
|