Full Text of SB2524 97th General Assembly
SB2524enr 97TH GENERAL ASSEMBLY |
| | SB2524 Enrolled | | LRB097 14264 HEP 59017 b |
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| 1 | | AN ACT concerning transportation.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Vehicle Code is amended by changing | 5 | | Section 12-707.01 as follows:
| 6 | | (625 ILCS 5/12-707.01) (from Ch. 95 1/2, par. 12-707.01)
| 7 | | Sec. 12-707.01. Liability insurance. | 8 | | (a) No school bus, first division vehicle including a taxi | 9 | | which is used for a purpose that requires a school bus driver | 10 | | permit, commuter van or
motor vehicle owned by or used for hire | 11 | | by and in connection with the
operation of private or public | 12 | | schools, day camps, summer camps or
nursery schools, and no | 13 | | commuter van or passenger car used for a for-profit
ridesharing | 14 | | arrangement, shall be operated for such purposes unless the | 15 | | owner
thereof shall carry a minimum of personal injury | 16 | | liability insurance in
the amount of $25,000 $1,000,000 for any | 17 | | one person in any one accident, and
subject to the limit for | 18 | | one person, $100,000 $5,000,000 for two or more persons
injured | 19 | | by reason of the operation of the vehicle in any one accident. | 20 | | This subsection (a) applies only to personal injury liability | 21 | | policies issued or renewed before January 1, 2013.
| 22 | | (b) Liability insurance policies issued or renewed on and | 23 | | after January 1, 2013 shall comply with the following: |
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| 1 | | (1) except as provided in subparagraph (2) of this | 2 | | subsection (b), any vehicle that is used for a purpose that | 3 | | requires a school bus driver permit under Section 6-104 of | 4 | | this Code shall carry a minimum of liability insurance in
| 5 | | the amount of $2,000,000 combined single limit per | 6 | | accident; | 7 | | (2) any vehicle that is used for a purpose that | 8 | | requires a school bus driver permit under Section 6-104 of | 9 | | this Code and is used in connection with the operation of | 10 | | private day care facilities, day camps, summer camps, or | 11 | | nursery schools shall carry a minimum of liability | 12 | | insurance in
the amount of $1,000,000 combined single limit | 13 | | per accident; | 14 | | (3) any commuter van or passenger car used for a | 15 | | for-profit
ridesharing arrangement shall carry a minimum | 16 | | of liability insurance in
the amount of $500,000 combined | 17 | | single limit per accident. | 18 | | (Source: P.A. 97-224, eff. 7-28-11.)
| 19 | | Section 99. Effective date. This Act takes effect upon | 20 | | becoming law. |
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