Public Act 097-1078
 
SB2524 EnrolledLRB097 14264 HEP 59017 b

    AN ACT concerning transportation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Vehicle Code is amended by changing
Section 12-707.01 as follows:
 
    (625 ILCS 5/12-707.01)  (from Ch. 95 1/2, par. 12-707.01)
    Sec. 12-707.01. Liability insurance.
    (a) No school bus, first division vehicle including a taxi
which is used for a purpose that requires a school bus driver
permit, commuter van or motor vehicle owned by or used for hire
by and in connection with the operation of private or public
schools, day camps, summer camps or nursery schools, and no
commuter van or passenger car used for a for-profit ridesharing
arrangement, shall be operated for such purposes unless the
owner thereof shall carry a minimum of personal injury
liability insurance in the amount of $25,000 $1,000,000 for any
one person in any one accident, and subject to the limit for
one person, $100,000 $5,000,000 for two or more persons injured
by reason of the operation of the vehicle in any one accident.
This subsection (a) applies only to personal injury liability
policies issued or renewed before January 1, 2013.
    (b) Liability insurance policies issued or renewed on and
after January 1, 2013 shall comply with the following:
        (1) except as provided in subparagraph (2) of this
    subsection (b), any vehicle that is used for a purpose that
    requires a school bus driver permit under Section 6-104 of
    this Code shall carry a minimum of liability insurance in
    the amount of $2,000,000 combined single limit per
    accident;
        (2) any vehicle that is used for a purpose that
    requires a school bus driver permit under Section 6-104 of
    this Code and is used in connection with the operation of
    private day care facilities, day camps, summer camps, or
    nursery schools shall carry a minimum of liability
    insurance in the amount of $1,000,000 combined single limit
    per accident;
        (3) any commuter van or passenger car used for a
    for-profit ridesharing arrangement shall carry a minimum
    of liability insurance in the amount of $500,000 combined
    single limit per accident.
(Source: P.A. 97-224, eff. 7-28-11.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/24/2012