HB4856 99TH GENERAL ASSEMBLY

LRB099 17986 AXK 42349 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB4856

Introduced , by Rep. Jim Durkin

SYNOPSIS AS INTRODUCED:

625 ILCS 5/3-301

from Ch. 95 1/2, par. 3-301

Amends the Illinois Vehicle Code. Makes a technical change in a Section concerning new certificates of title for rebuilt vehicles.

A BILL FOR

AN ACT concerning transportation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Vehicle Code is amended by changing Section 3-301 as follows:

(625 ILCS 5/3-301) (from Ch. 95 1/2, par. 3-301)

Sec. 3-301. New certificate of title for rebuilt vehicle.

(a) For vehicles 8 model years of age or newer, the the Secretary of State shall issue a new certificate of title to any rebuilt vehicle or any vehicle which previously had been titled as salvage in this State or any other jurisdiction upon the successful inspection of the vehicle in accordance with Section 3-308 of this Article.

(b) Vehicles more than 8 model years old shall not be required to complete a successful inspection required under Section 3-308 of this Code before being issued a new certificate of title as provided under this Section.

(c) Vehicles designated as flood vehicles that have sustained damage greater than 33 1/3% of their fair market value with that damage shall be required to complete a successful inspection required under Section 3-308 of this Code before being issued a new certificate of title provided under paragraph (5), subsection (b) of Section 3-117.1.

(Source: P.A. 88-685, eff. 1-24-95; 89-669, eff. 1-1-97.)