VEH CD-SALVAGE CERTIFICATE Senate SponsorsSen. Antonio Muņoz House Sponsors(Rep. Jay Hoffman) 8/6/2021SenatePublic Act . . . . . . . . . 102-0319 625 ILCS 5/3-117.1from Ch. 95 1/2, par. 3-117.1Amends the Illinois Vehicle Code. Provides that a vehicle of 4 model years or older, rather than 9 model years or older, may be retained by the registered owner instead of by the insurance company, even after the insurance company makes a payment of damages on total loss claim for the vehicle. Provides that an application for a salvage certificate shall be submitted to the Secretary of State when any licensed rebuilder, repairer, new or used vehicle dealer or remittance agent has submitted an application for title to a vehicle that the person knows or reasonably should have known to have sustained damages in excess of 50%, instead of 33 1/3%, of the vehicle's fair market value without that damage.Senate Floor Amendment No. 1 Adds reference to:625 ILCS 5/3-114from Ch. 95 1/2, par. 3-114625 ILCS 5/3-301from Ch. 95 1/2, par. 3-301Replaces everything after the enacting clause. Amends the Illinois Vehicle Code. Provides that a repossessed vehicle, fleet vehicle, or flood vehicle that has been damaged in excess of 50% (instead of 33 1/3%) of its fair market value shall be considered to be salvage. Provides that a flood vehicle that has sustained damage greater than 50% (rather than 33 1/3%) of its fair market value with that damage shall be required to complete a successful inspection before being issued a new certificate of title. 2/26/2021SenateFiled with Secretary by Sen. Antonio Muņoz 2/26/2021SenateFirst Reading 2/26/2021SenateReferred to Assignments 3/9/2021SenateAssigned to Transportation 3/24/2021SenatePostponed - Transportation 4/14/2021SenateDo Pass Transportation; 014-000-000 4/14/2021SenatePlaced on Calendar Order of 2nd Reading April 15, 2021 4/15/2021SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Antonio Muņoz 4/15/2021SenateSenate Floor Amendment No. 1 Referred to Assignments 4/20/2021SenateSenate Floor Amendment No. 1 Assignments Refers to Transportation 4/20/2021SenateSenate Floor Amendment No. 1 Recommend Do Adopt Transportation; 018-000-000 4/21/2021SenateSenate Floor Amendment No. 1 Adopted; Munoz 4/21/2021SenateSecond Reading 4/21/2021SenatePlaced on Calendar Order of 3rd Reading April 22, 2021 4/22/2021SenateThird Reading - Passed; 059-000-000 4/22/2021HouseArrived in House 5/7/2021HouseChief House Sponsor Rep. Jay Hoffman 5/11/2021HouseFirst Reading 5/11/2021HouseReferred to Rules Committee 5/11/2021HouseAssigned to Transportation: Vehicles & Safety Committee 5/13/2021HouseCommittee/Final Action Deadline Extended-9(b) May 28, 2021 5/19/2021HouseDo Pass / Consent Calendar Transportation: Vehicles & Safety Committee; 010-000-000 5/19/2021HousePlaced on Calendar 2nd Reading - Consent Calendar 5/24/2021HouseSecond Reading - Consent Calendar 5/24/2021HouseHeld on Calendar Order of Second Reading - Consent Calendar 5/25/2021HousePlaced on Calendar Order of 3rd Reading - Consent Calendar 5/26/2021HouseThird Reading - Consent Calendar - First Day 5/27/2021HouseThird Reading - Consent Calendar - Passed 116-000-000 5/27/2021SenatePassed Both Houses 6/25/2021SenateSent to the Governor 8/6/2021SenateGovernor Approved 8/6/2021SenateEffective Date January 1, 2022 8/6/2021SenatePublic Act . . . . . . . . . 102-0319