VEH CD-RENTAL CAR INSURANCE Senate SponsorsSen. Terry Link 1/8/2013SenateSession Sine Die 625 ILCS 5/6-305.2Amends the Illinois Vehicle Code. Increases the maximum liability of a renter of a vehicle for damages resulting from loss due to theft of the vehicle from $2,000 to the actual and reasonable costs incurred up to the fair market value of the vehicle immediately before the loss occurred, as calculated by a commonly and commercially accepted method to establish a fair market value. Effective January 1, 2012. 2/9/2011SenateFiled with Secretary by Sen. Terry Link 2/9/2011SenateFirst Reading 2/9/2011SenateReferred to Assignments 2/23/2011SenateAssigned to Transportation 3/9/2011SenatePostponed - Transportation 3/15/2011SenatePostponed - Transportation 3/18/2011SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die