92nd General Assembly
Status of HB4925
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   625 ILCS 5/7-601.1 new                                                      

        Amends the Illinois Vehicle Code.  Provides that by July 1, 2003,      
   all licensed insurance companies in this State shall  provide  to  the      
   Secretary of State a record of all motor vehicle liability policies in      
   effect  on the date the information is provided.  Provides for monthly      
   reporting of all policies issued or canceled.   Specifies  information      
   to  be  included  in  the  reports.    Provides that the Department of      
   Insurance may assess a fine of $1,000 per day  of  noncompliance  with      
   any of the new requirements.                                                
          FISCAL NOTE (Secretary of State)                                     
          HB 4925 would have a fiscal impact of approximately $40,000.         
   FEB-05-2002  H  FILED WITH CLERK                                               
   FEB-05-2002  H  FIRST READING                                                  
   FEB-05-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2002  H       ASSIGNED TO COMMITTEE               TRANSPORAT'N          
   FEB-14-2002  H                         FISCAL NOTE FILED                       
   FEB-14-2002  H                   COMMITTEE               TRANSPORAT'N          
   FEB-22-2002  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary