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IL HB4350

Bill

Official Source

Status

Introduced

1/29/2020

Primary Sponsor

Marcus Evans

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Amends the Illinois Vehicle Code regarding license and registration suspensions for failure to deposit security after a motor vehicle accident
  • Allows reinstatement of suspended driving privileges after the statute of limitations has expired, provided the person demonstrates no lawsuit for accident damages was filed during that period
  • Changes the timeframe for security deposits to apply to judgments from 2 years after license suspension to the later of the statute of limitations expiration or 2 years after default on an installment payment agreement
  • Requires proof of financial responsibility to be maintained for 3 years after filing as a condition for license reinstatement
  • Security deposits of $5 or less remaining after release to judgment debtors are transferred annually to the General Revenue Fund

Legislative Description

VEH CD-DEPOSIT OF SECURITY

Last Action

Rule 19(b) / Re-referred to Rules Committee

6/23/2020

Committee Referrals

Rules6/23/2020
Commercial Law2/26/2020
Judiciary - Civil2/18/2020
Rules1/29/2020

Full Bill Text

No bill text available