Legislative Alert: Governor Quinn Signs SB 1898 into law. Now Public Act 98-519

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LEGISLATIVE ALERT

Governor Quinn Signs SB 1898 into law. Now Public Act 98-519.

Public Act 98-519, which was backed by ITLA, amends the Illinois vehicle code. SB 1898 includes the following provisions:

Public Act 98-519 increases the minimum mandatory coverage amounts for liability insurance policies in this State and increases the amounts sufficient to satisfy a judgment following a motor vehicle accident as follows: bodily injury or death to any one person from $20,000 to $25,000; bodily injury or death to more than one person from $40,000 to $50,000; and injury or destruction of property of others from $15,000 to $20,000. Effective January 1, 2015.

Public Act 98-519 was sponsored by Senator Daniel Biss and Representative Laura Fine.

Click here for a full text of the legislation.