97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB4057

 

Introduced , by Rep. Roger L. Eddy

 

SYNOPSIS AS INTRODUCED:
 
625 ILCS 5/12-707.01  from Ch. 95 1/2, par. 12-707.01

    Amends the Illinois Vehicle Code. Provides that for any one person in any one accident, the required amount of liability insurance shall be $25,000 for policies issued or renewed before July 1, 2012 and $1,000,000 for any policy issued or renewed on and after July 1, 2012. Provides that the required amount of insurance for 2 or more persons in any one accident shall be: (i) $100,000 for personal injury liability insurance policies issued or renewed before July 1, 2012; (ii) $1,000,000 for policies issued or renewed on and after July 1, 2012 and before July 1, 2013; (iii) $2,000,000 for policies issued or renewed on and after July 1, 2013 and before July 1, 2014; and (iv) $3,000,000 for policies issued or renewed on and after July 1, 2014. Provides that provisions of Public Act 97-224 making certain personal injury liability insurance requirements applicable to a first division vehicle including a taxi which is used for a purpose that requires a school bus driver permit are inoperative before July 1, 2012 and are operative on and after July 1, 2012. Effective immediately.


LRB097 14493 HEP 59348 b

 

 

A BILL FOR

 

HB4057LRB097 14493 HEP 59348 b

1    AN ACT concerning transportation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Vehicle Code is amended by changing
5Section 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. No school bus, first
8division vehicle including a taxi which is used for a purpose
9that requires a school bus driver permit, commuter van or motor
10vehicle owned by or used for hire by and in connection with the
11operation of private or public schools, day camps, summer camps
12or nursery schools, and no commuter van or passenger car used
13for a for-profit ridesharing arrangement, shall be operated for
14such purposes unless the owner thereof shall carry a minimum of
15personal injury liability insurance in the amount of $25,000
16for policies issued or renewed before July 1, 2012, and in the
17amount of $1,000,000 for any personal injury liability
18insurance policy issued or renewed on and after July 1, 2012
19for any one person in any one accident, and subject to the
20limit for one person. The minimum amount of personal injury
21liability insurance required person, $5,000,000 for two or more
22persons injured by reason of the operation of the vehicle in
23any one accident is as follows: accident.

 

 

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1        (i) $100,000 for personal injury liability insurance
2    policies issued or renewed before July 1, 2012;
3        (ii) $1,000,000 for personal injury liability
4    insurance policies issued or renewed on and after July 1,
5    2012 and before July 1, 2013;
6        (iii) $2,000,000 for personal injury liability
7    insurance policies issued or renewed on and after July 1,
8    2013 and before July 1, 2014; and
9        (iv) $3,000,000 for personal injury liability
10    insurance policies issued or renewed on and after July 1,
11    2014.
12    The provisions of Public Act 97-224 making the requirements
13of this Section applicable to a first division vehicle
14including a taxi which is used for a purpose that requires a
15school bus driver permit are inoperative before July 1, 2012
16and are operative on and after July 1, 2012.
17(Source: P.A. 97-224, eff. 7-28-11.)
 
18    Section 99. Effective date. This Act takes effect upon
19becoming law.