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<xml>
<title>Illinois General Assembly - Bill Status for HB 1564   </title>
<shortdesc>VEH CD-JUNKING CERTIFICATES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jay C. Hoffman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>625 ILCS 5/3-117.1</reference><aliasreference>from Ch. 95 1/2, par. 3-117.1</aliasreference><SynopsisText>     Amends the Illinois Vehicle Code with regard to when junking certificates or salvage certificates must be obtained. Provides that a vehicle that has been repossessed by a lienholder shall be considered to be salvage only when the cost of repairing the damage to the vehicle would be greater than 66 2/3% (rather than greater than 33 1/3%) of its fair market value. Makes corresponding changes with regard to obtaining a salvage certificate and the disposition of the vehicle. Makes similar changes with regard to when a vehicle that is part of a fleet of more than 5 commercial vehicles or a vehicle that has been submerged in water is to be considered salvage.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jay C. Hoffman</action>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/23/2005</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

