HOWARD, JONES,SHIRLEY, MURPHY AND WAIT.
Synopsis of Bill as introduced:
Creates the Renter's Financial Responsibility and Protection Act.
Provides that a company that rents vehicles for 30 days or less may
offer a damage waiver to renters. Provides that the person to whom the
vehicle is rented must sign the damage waiver at or before the time
the rental agreement is executed and must be given a disclosure
notice. Provides circumstances under which the damage waiver shall be
void. Provides for advertising and mandatory charge requirements.
Amends the Illinois Vehicle Code. Deletes provisions concerning a
rental company not holding an authorized driver liable for any damage
or loss to the rented vehicle exceeding $200 except under certain
circumstances. Deletes provision prohibiting collision damage
waivers. Holds the renter of a motor vehicle liable for damage to the
rented vehicle with certain limitations. Effective immediately.
STATE MANDATES FISCAL NOTE
In the opinion of DCCA, HB844 fails to create a State mandate.
STATE MANDATES FISCAL NOTE
No change from previous note.
SENATE AMENDMENT NO. 1.
Provides that a rental company shall not charge more than a
certain amount per day for a collision damage waiver if the
manufacturer's suggested retail price of the rental vehicle type
(instead of purchase cost of the rental vehicle, paid to the dealer)
is a certain amount. Provides for a 50 cent increase in the maximum
daily charge for a collision damage waiver in the years 2000, 2001,
and 2002. Adds as one of the factors to consider in determining the
limit on liability the costs incurred by the loss due to theft of
the rental motor vehicle up to $2,000 if the renter or authorized
driver exercised reasonable care or did not commit or aid and abet the
commission of the theft. Adds a maximum amount that may be recovered
from an authorized driver to the provisions concerning the limits on
liability. Makes other changes.
SENATE AMENDMENT NO. 3.
Replaces the exceptions to the provision prohibiting a rental
company from voiding a damage waiver with exceptions because of (1)
damage or loss while the rental vehicle is used to carry persons or
property for a charge or fee, (2) damage or loss during an organized
or agreed upon racing or speed contest or demonstration or pushing or
pulling activity, (3) damage or loss reasonably expected from an
intentional or criminal act of the driver, (4) damage or loss to any
rental vehicle resulting from any auto business operation, (5) damage
or loss occurring to a rental vehicle if the rental contract is based
on fraudulent or material misrepresentation, (6) damage or loss
arising out of the use of the vehicle outside the continental United
States, and (7) damage or loss occurring while the rental vehicle is
operated by a driver not permitted under the agreement.
Last action on Bill: PUBLIC ACT.............................. 90-0113
Last action date: 97-07-14
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 2
END OF INQUIRY
Full Text Bill Status