HB4942 93RD GENERAL ASSEMBLY

LRB093 19063 DRH 44798 b

93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4942

Introduced 02/05/04, by James H. Meyer

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.620 new
625 ILCS 5/3-663 new

Amends the Illinois Vehicle Code and the State Finance Act. Provides for issuance of K-12 Education license plates, at an additional initial charge of $40 and an additional renewal charge of $27. Provides that $15 of the additional initial charge and $2 of the renewal charge shall go to the Secretary of State Special License Plate Fund. Provides that $25 of the initial and renewal charges shall be deposited into the K-12 Education Fund. Creates the K-12 Education Fund as a special fund in the State Treasury. Provides that all moneys in the K-12 Education Fund shall, subject to appropriation by the General Assembly and approval by the Secretary of State, be paid as grants to the individual school districts designated by each applicant.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT in regard to vehicles.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The State Finance Act is amended by adding Section 5.620 as follows:

(30 ILCS 105/5.620 new)

Sec. 5.620. The K-12 Education Fund.

Section 10. The Illinois Vehicle Code is amended by adding Section 3-663 as follows:

(625 ILCS 5/3-663 new)

Sec. 3-663. K-12 Education license plates.

(a) The Secretary, upon receipt of an application made in the form prescribed by the Secretary, may issue special registration plates designated as K-12 Education license plates. The special plates issued under this Section shall be affixed only to passenger vehicles of the first division and motor vehicles of the second division weighing not more than 8,000 pounds. Plates issued under this Section shall expire according to the multi-year procedure established by Section 3-414.1 of this Code.

(b) The design and color of the plates is wholly within the discretion of the Secretary. The Secretary may allow the plates to be issued as vanity or personalized plates under Section 3-405.1 of the Code. The Secretary shall prescribe stickers or decals as provided under Section 3-412 of this Code.

(c) An applicant for the special plate shall be charged a $40 fee for original issuance in addition to the appropriate registration fee. Of this fee, $25 shall be deposited into the K-12 Education Fund and $15 shall be deposited into the Secretary of State Special License Plate Fund, to be used by the Secretary to help defray the administrative processing costs.

For each registration renewal period, a $27 fee, in addition to the appropriate registration fee, shall be charged. Of this fee, $25 shall be deposited into the K-12 Education Fund and $2 shall be deposited into the Secretary of State Special License Plate Fund.

(d) The K-12 Education Fund is created as a special fund in the State treasury. All money in the K-12 Education Fund shall be paid, subject to appropriation by the General Assembly and approval by the Secretary, as grants to the individual school districts designated by each applicant.