IL HB0066

Doubles minimum liability insurance coverage for bodily injury from $25,000 per person to $50,000 per person, and from $50,000 per crash to $100,000 per crash involving two or more people

Doubles minimum property damage liability coverage from $20,000 to $40,000 per crash

Requires motor vehicle owners and operators to furnish proof of financial responsibility at these new increased amounts

Establishes that judgments arising from motor vehicle crashes are deemed satisfied when the specified policy amounts ($50,000/$100,000/$40,000) are credited toward the judgment

Takes effect immediately upon becoming law