Illinois General Assembly - Bill Status for HB7302
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 Bill Status of HB7302  93rd General Assembly


Short Description:  VEH CD-JUNKING CERTIFICATES

House Sponsors
Rep. William B. Black

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
625 ILCS 5/3-117.1from Ch. 95 1/2, par. 3-117.1


Synopsis As Introduced
Amends the Illinois Vehicle Code with regard to when junking certificates or salvage certificates must be obtained. Provides that a vehicle that has been repossessed by a lienholder shall be considered to be salvage only when the cost of repairing the damage to the vehicle would be greater than 66 2/3% (rather than greater than 33 1/3%) of its fair market value. Makes corresponding changes with regard to obtaining a salvage certificate and the disposition of the vehicle. Makes similar changes with regard to when a vehicle that is part of a fleet of more than 5 commercial vehicles or a vehicle that has been submerged in water is to be considered salvage.

Actions 
DateChamber Action
  5/12/2004HouseFiled with the Clerk by Rep. William B. Black
  5/12/2004HouseFirst Reading
  5/12/2004HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

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