Illinois General Assembly - Bill Status for HB5092
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 Bill Status of HB5092  101st General Assembly


Short Description:  VEH CD-RENTAL CAR INSURANCE

House Sponsors
Rep. Justin Slaughter

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 5/6-305.2


Synopsis As Introduced
Amends the Illinois Vehicle Code. Increases the maximum liability of a renter of a vehicle with a manufacturer's suggested retail price of $50,000 or less for damages resulting from loss due to theft of the vehicle from $2,000 to the actual and reasonable costs incurred up to the fair market value of the vehicle immediately before the loss occurred, as calculated by a commonly and commercially accepted method to establish a fair market value.

Actions 
DateChamber Action
  2/13/2020HouseFiled with the Clerk by Rep. Justin Slaughter
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/17/2020HouseAssigned to Labor & Commerce Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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