Illinois General Assembly - Bill Status for HB2587
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 Bill Status of HB2587  98th General Assembly


Short Description:  VEH CD-RENTAL CAR INSURANCE

House Sponsors
Rep. Arthur Turner

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 5/6-305.2


Synopsis As Introduced
Amends the Illinois Vehicle Code. Increases the maximum liability of a renter of a vehicle for damages resulting from loss due to theft of the vehicle from $2,000 to the actual and reasonable costs incurred up to the fair market value of the vehicle immediately before the loss occurred, as calculated by a commonly and commercially accepted method to establish a fair market value. Effective January 1, 2014.

Actions 
DateChamber Action
  2/21/2013HouseFiled with the Clerk by Rep. Arthur Turner
  2/21/2013HouseFirst Reading
  2/21/2013HouseReferred to Rules Committee
  12/3/2014HouseSession Sine Die

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