92nd General Assembly
Summary of HB0933
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Senate Sponsors:

Short description: 
VEH CD-SERVICE CONTRACTS                                                   

Synopsis of Bill as introduced:
        Amends the Illinois Vehicle Code.  Deletes a provision  requiring      
   dealers that sell service contracts or extended warranties, other than      
   those  of  the manufacturer, to have adequate reserves or insurance to      
   protect purchasing  customers.   Deletes  a  provision  requiring  the      
   Secretary  of  State  to adopt rules for implementing the requirement.      
   Provides that dealers that sell these contracts or extended warranties      
   must register with the Illinois Department of Insurance in  accordance      
   with the Service Contract Act.  Effective immediately.                      
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything.  Reinserts the amendatory provisions of the        
   original bill with changes. Deletes language requiring dealers that         
   sell in-house or self-insured extended service contracts to register        
   with the Department of Insurance.                                           
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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