SB2524 EnrolledLRB097 14264 HEP 59017 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.
8    (a) No school bus, first division vehicle including a taxi
9which is used for a purpose that requires a school bus driver
10permit, commuter van or motor vehicle owned by or used for hire
11by and in connection with the operation of private or public
12schools, day camps, summer camps or nursery schools, and no
13commuter van or passenger car used for a for-profit ridesharing
14arrangement, shall be operated for such purposes unless the
15owner thereof shall carry a minimum of personal injury
16liability insurance in the amount of $25,000 $1,000,000 for any
17one person in any one accident, and subject to the limit for
18one person, $100,000 $5,000,000 for two or more persons injured
19by reason of the operation of the vehicle in any one accident.
20This subsection (a) applies only to personal injury liability
21policies issued or renewed before January 1, 2013.
22    (b) Liability insurance policies issued or renewed on and
23after January 1, 2013 shall comply with the following:

 

 

SB2524 Enrolled- 2 -LRB097 14264 HEP 59017 b

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
20becoming law.