Illinois General Assembly - Bill Status for SB1742
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 Bill Status of SB1742  94th General Assembly


Senate Sponsors
Sen. Terry Link - Dave Sullivan - George P. Shadid

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 5/3-117.1from Ch. 95 1/2, par. 3-117.1

Synopsis As Introduced
Amends the Illinois Vehicle Code with regard to when junking certificates or salvage certificates must be obtained. Provides that a vehicle that has been repossessed by a lienholder shall be considered to be salvage only when the cost of repairing the damage to the vehicle would be greater than 66 2/3% (rather than greater than 33 1/3%) of its fair market value. Makes corresponding changes with regard to obtaining a salvage certificate and the disposition of the vehicle. Makes similar changes with regard to when a vehicle that is part of a fleet of more than 5 commercial vehicles or a vehicle that has been submerged in water is to be considered salvage.

DateChamber Action
  2/25/2005SenateFiled with Secretary by Sen. Terry Link
  2/25/2005SenateFirst Reading
  2/25/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Transportation
  3/8/2005SenateAdded as Chief Co-Sponsor Sen. Dave Sullivan
  3/8/2005SenateAdded as Chief Co-Sponsor Sen. George P. Shadid
  3/9/2005SenatePostponed - Transportation
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

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