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IL HB2584

Bill

Status

Passed

8/16/2013

Primary Sponsor

Arthur Turner

Click for details

Origin

House of Representatives

98th General Assembly

AI Summary

  • Rental companies must obtain written agreement from renters before selling a damage waiver at or before rental agreement execution.

  • Rental companies may void a damage waiver only for specific reasons including commercial use, racing activities, intentional/criminal acts, fraudulent misrepresentation, operation outside continental U.S., unauthorized drivers, or DUI convictions.

  • Collision damage waiver fees are capped at $12.50 per 24-hour rental day prior to January 1, 2014, and $13.50 per 24-hour rental day beginning January 1, 2014.

  • Damage waivers cannot be voided for damage during auto business operations such as repairing, servicing, testing, washing, parking, storing, or selling vehicles.

  • Act takes effect upon becoming law.

Legislative Description

VEH CD-RENTAL INSURANCE: FEES

Last Action

Public Act . . . . . . . . . 98-0428

8/16/2013

Committee Referrals

Transportation4/16/2013
Assignments4/11/2013
Insurance3/4/2013
Rules2/21/2013

Full Bill Text

No bill text available