Iris Y. Martinez
- Democratic
Amends the Illinois Vehicle Code. Provides that a vehicle that is owned by a self-insured company and is to be sold in the State of Illinois shall be considered salvage if the vehicle has sustained damage to the extent that the self-insured company determines the vehicle to be a total loss, or if the cost of repairing the damage would be greater than 50% of its fair market value. Establishes requirements for obtaining a salvage certificate for the vehicle. Provides for exchange of a salvage certificate for a certificate of title if a vehicle owned by a self-insured company that was declared a total loss because of a theft is recovered without damage.
Public Act . . . . . . . . . 95-0495
Effective Date January 1, 2008
Governor Approved
Sent to the Governor
Passed Both Houses
Added Alternate Chief Co-Sponsor Rep. William B. Black
Third Reading - Short Debate - Passed 115-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Arthur L. Turner
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary I - Civil Law Committee; 012-000-000
Assigned to Judiciary I - Civil Law Committee
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Marlow H. Colvin
Placed on Calendar Order of First Reading
Arrived in House
Third Reading - Passed; 056-000-000
Second Reading
Placed on Calendar Order of 3rd Reading March 27, 2007
Placed on Calendar Order of 2nd Reading March 15, 2007
Do Pass Transportation; 010-000-000
Added as Co-Sponsor Sen. Pamela J. Althoff
Assigned to Transportation
First Reading
Referred to Rules
Filed with Secretary by Sen. Iris Y. Martinez
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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