HB5559ham004 103RD GENERAL ASSEMBLY

Rep. Tracy Katz Muhl

Filed: 4/15/2024

10300HB5559ham004 LRB103 39018 RPS 72319 a

AMENDMENT TO HOUSE BILL 5559

AMENDMENT NO. ______. Amend House Bill 5559 by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Insurance Code is amended by adding Section 154.10 as follows:

(215 ILCS 5/154.10 new)

Sec. 154.10. Description of the determination of a total loss of a vehicle. 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. This Section applies to policies issued or renewed on or after July 1, 2025.".