Illinois General Assembly - Bill Status for HB2587

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

Date	Chamber	Action
2/21/2013	House	Filed with the Clerk by Rep. Arthur Turner
2/21/2013	House	First Reading
2/21/2013	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

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