SB2524 EnrolledLRB097 14264 HEP 59017 b


  
1    AN ACT concerning transportation.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
4    Section 5. The Illinois Vehicle Code is amended  by changing 
5Section 12-707.01 as follows:
 



6    (625 ILCS 5/12-707.01)  (from Ch. 95 1/2, par. 12-707.01)



7    Sec. 12-707.01. Liability insurance. 
8    (a) No school bus, first division vehicle including a taxi 
9which is used for a purpose that requires a school bus driver 
10permit, commuter van or
motor vehicle owned by or used for hire 
11by and in connection with the
operation of private or public 
12schools, day camps, summer camps or
nursery schools, and no 
13commuter van or passenger car used for a for-profit
ridesharing 
14arrangement, shall be operated for such purposes unless the 
15owner
thereof shall carry a minimum of personal injury 
16liability insurance in
the amount of $25,000 $1,000,000 for any 
17one person in any one accident, and
subject to the limit for 
18one person, $100,000 $5,000,000 for two or more persons
injured 
19by reason of the operation of the vehicle in any one accident. 
20This subsection (a) applies only to personal injury liability 
21policies issued or renewed before January 1, 2013.

22    (b) Liability insurance policies issued or renewed on and 
23after January 1, 2013 shall comply with the following:
 
 
SB2524 Enrolled- 2 -LRB097 14264 HEP 59017 b

1        (1) except as provided in subparagraph (2) of this 
2    subsection (b), any vehicle that is used for a purpose that 
3    requires a school bus driver permit under Section 6-104 of 
4    this Code shall carry a minimum of liability insurance in

5    the amount of $2,000,000 combined single limit per 
6    accident;
7        (2) any vehicle that is used for a purpose that 
8    requires a school bus driver permit under Section 6-104 of 
9    this Code and is used in connection with the operation of 
10    private day care facilities, day camps, summer camps, or 
11    nursery schools shall carry a minimum of liability 
12    insurance in
the amount of $1,000,000 combined single limit 
13    per accident;
14        (3) any commuter van or passenger car used for a 
15    for-profit
ridesharing arrangement shall carry a minimum 
16    of liability insurance in
the amount of $500,000 combined 
17    single limit per accident.
18(Source: P.A. 97-224, eff. 7-28-11.)


 

19    Section 99. Effective date. This Act takes effect upon 
20becoming law.