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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 SB0632 Introduced 1/28/2015, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: | | 625 ILCS 5/3-301 | from Ch. 95 1/2, par. 3-301 |
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Amends the Illinois Vehicle Code. Makes a technical change in a
Section concerning new certificates of title for rebuilt vehicles.
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| | A BILL FOR |
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| | SB0632 | | LRB099 03348 RJF 23356 b |
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1 | | AN ACT concerning transportation.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Vehicle Code is amended by changing |
5 | | Section 3-301 as follows:
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6 | | (625 ILCS 5/3-301) (from Ch. 95 1/2, par. 3-301)
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7 | | Sec. 3-301. New certificate of title for rebuilt vehicle.
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8 | | (a) For vehicles 8 model years of age or newer, the
the |
9 | | Secretary of State
shall issue a new certificate of title to |
10 | | any rebuilt
vehicle or any vehicle which previously had been |
11 | | titled as salvage
in this State or any other jurisdiction upon |
12 | | the successful inspection
of the vehicle in accordance with |
13 | | Section 3-308 of this Article. |
14 | | (b) Vehicles more than 8 model years old shall not be |
15 | | required to
complete a successful inspection required under |
16 | | Section 3-308 of this Code
before being issued a new |
17 | | certificate of title as provided under this
Section.
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18 | | (c) Vehicles designated as flood vehicles that have |
19 | | sustained damage
greater than 33 1/3% of their fair market |
20 | | value with that damage shall be
required to complete a
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21 | | successful
inspection required under Section 3-308 of this Code |
22 | | before being issued a new
certificate of title provided under |
23 | | paragraph (5), subsection (b) of Section
3-117.1.
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