INS CD-MOTOR VEHICLE-DAMAGES House SponsorsRep. Michael J. Zalewski-Ann Williams and Monique D. Davis Senate Sponsors(Sen. John G. Mulroe-William R. Haine) 8/15/2014HousePublic Act . . . . . . . . . 98-0927 215 ILCS 5/143afrom Ch. 73, par. 755a Amends the Illinois Insurance Code. Provides that with respect to damages and the coverage regarding uninsured and hit and run motor vehicle coverage, any decision made by the arbitrators shall be binding (now, any decision made by the arbitrators shall be binding for the amount of damages not exceeding $50,000 for bodily injury to or death of any one person, $100,000 for bodily injury to or death of 2 or more persons in any one motor vehicle accident, or the corresponding policy limits for bodily injury or death, whichever is less). Provides the changes made by the amendatory Act apply to all policies of insurance amended, delivered, issued, or renewed on and after the effective date of the amendatory Act.House Floor Amendment No. 1 Replaces everything after the enacting clause. Amends the Illinois Insurance Code. Provides that with respect to damages and the coverage regarding uninsured and hit and run motor vehicle coverage, any decision made by the arbitrators shall be binding for the amount of damages not exceeding $75,000 (rather than $50,000) for bodily injury to or death of any one person, $150,000 (rather than $100,000) for bodily injury to or death of 2 or more persons in any one motor vehicle accident, or the corresponding policy limits for bodily injury or death, whichever is less. Provides that the changes made by the amendatory Act apply to all policies of insurance amended, delivered, issued, or renewed on and after the effective date of the amendatory Act. 2/13/2014HouseFiled with the Clerk by Rep. Michael J. Zalewski 2/14/2014HouseFirst Reading 2/14/2014HouseReferred to Rules Committee 3/3/2014HouseAssigned to Insurance Committee 3/26/2014HouseAdded Chief Co-Sponsor Rep. Ann Williams 3/26/2014HouseDo Pass / Short Debate Insurance Committee; 024-000-000 3/27/2014HousePlaced on Calendar 2nd Reading - Short Debate 4/2/2014HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski 4/2/2014HouseHouse Floor Amendment No. 1 Referred to Rules Committee 4/7/2014HouseHouse Floor Amendment No. 1 Rules Refers to Insurance Committee 4/9/2014HouseSecond Reading - Short Debate 4/9/2014HouseHeld on Calendar Order of Second Reading - Short Debate 4/9/2014HouseHouse Floor Amendment No. 1 Recommends Be Adopted Insurance Committee; 018-000-000 4/10/2014HouseAdded Co-Sponsor Rep. Monique D. Davis 4/10/2014HouseHouse Floor Amendment No. 1 Adopted 4/10/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/10/2014HouseThird Reading - Short Debate - Passed 098-000-000 4/11/2014SenateArrive in Senate 4/11/2014SenatePlaced on Calendar Order of First Reading 4/11/2014SenateChief Senate Sponsor Sen. John G. Mulroe 4/11/2014SenateFirst Reading 4/11/2014SenateReferred to Assignments 4/30/2014SenateAdded as Alternate Chief Co-Sponsor Sen. William R. Haine 4/30/2014SenateAssigned to Insurance 5/8/2014SenateDo Pass Insurance; 013-000-000 5/8/2014SenatePlaced on Calendar Order of 2nd Reading May 12, 2014 5/12/2014SenateSecond Reading 5/12/2014SenatePlaced on Calendar Order of 3rd Reading May 13, 2014 5/22/2014SenateThird Reading - Passed; 056-001-000 5/22/2014HousePassed Both Houses 6/20/2014HouseSent to the Governor 8/15/2014HouseGovernor Approved 8/15/2014HouseEffective Date January 1, 2015 8/15/2014HousePublic Act . . . . . . . . . 98-0927