91st General Assembly
Summary of HB1707
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House Sponsors:
FRITCHEY-SAVIANO-LYONS,JOSEPH-JONES,LOU-RONEN AND ERWIN.

Short description: 
VEH CD-FINE FOR LATE VEH REG                                               

Synopsis of Bill as introduced:
        Amends the Illinois Vehicle Code.  Provides for an additional $48      
   charge for registration renewals for passenger cars and  small  trucks      
   if  the  vehicle  owner  does  not renew the registration prior to its      
   expiration.  Provides that, of each late registration fee,  $16  shall      
   go  to  the  Road Fund, $16 shall go to the Literacy Advancement Fund,      
   and $16 to the Library Trust Fund.                                          
          FISCAL NOTE (Secretary of State)                                     
          Administration costs in the first year for this bill are es-         
          timated at $900,000, while increased revenue for that same           
          time period is estimated at $22 million.                             
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything. Amends the Illinois Vehicle  Code.   Provides      
   for  an  additional  $48  fee  for  vehicle  registration  renewals of      
   multi-year registration plates if the registrant does  not  renew  the      
   registration  within  45 days after the previous registration expires.      
   Provides that, of this $48 fee, $32 shall go to the Road Fund and  $16      
   shall go to the Live and Learn Fund.                                        
          FISCAL NOTE, H-AM 1 (Secretary of State)                             
          Administration costs in the first year for this bill are es-         
          timated at $600,000, while increased revenue for that same           
          time period is estimated at $15 million.                             
 
Last action on Bill: THIRD READING/SHORT DEBATE/LOST          044-063-006

   Last action date: 99-03-24

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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