Illinois General Assembly - Bill Status for HB5314
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 Bill Status of HB5314  95th General Assembly


Short Description:  VEH CD-DAMAGE LIMITD LIABILITY

House Sponsors
Rep. Marlow H. Colvin - William B. Black and Mike Bost

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 5/6-305.2


Synopsis As Introduced
Amends the Illinois Vehicle Code. Raises a motor vehicle renter's maximum liability for actual and reasonable costs incurred by the loss due to theft of the rental motor vehicle to $2,008 (instead of $2,000).

House Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the Illinois Vehicle Code. Raises a motor vehicle renter's maximum liability for actual and reasonable costs incurred by the loss due to theft of the rental motor vehicle up to its fair market value immediately before the loss occurred using a commonly and commercially accepted method to establish a fair market value (rather than $2,000); deletes provisions relating to a failure to exercise ordinary care. Provides that if the estimate of repair exceeds $3,500, then, prior to any repairs being initiated, the insurer of the renter or the renter shall be allowed 72 hours from the date of notice to inspect the damaged vehicle and obtain another estimate of repair on the damaged vehicle. Effective July 1, 2008.

Actions 
DateChamber Action
  2/14/2008HouseFiled with the Clerk by Rep. Marlow H. Colvin
  2/14/2008HouseFirst Reading
  2/14/2008HouseReferred to Rules Committee
  2/26/2008HouseAssigned to Consumer Protection Committee
  3/11/2008HouseHouse Committee Amendment No. 1 Filed with Clerk by Consumer Protection Committee
  3/11/2008HouseHouse Committee Amendment No. 1 Adopted in Consumer Protection Committee; by Voice Vote
  3/11/2008HouseDo Pass as Amended / Short Debate Consumer Protection Committee; 011-001-000
  3/12/2008HousePlaced on Calendar 2nd Reading - Short Debate
  3/13/2008HouseSecond Reading - Short Debate
  3/13/2008HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/18/2008HouseFinal Action Deadline Extended-9(b) May 9, 2008
  5/7/2008HouseAdded Chief Co-Sponsor Rep. William B. Black
  5/9/2008HouseFinal Action Deadline Extended-9(b) May 23, 2008
  5/21/2008HouseAdded Co-Sponsor Rep. Mike Bost
  5/23/2008HouseFinal Action Deadline Extended-9(b) May 31, 2008
  5/31/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

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