HB4284 EnrolledLRB102 21904 HLH 31025 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Vehicle Code is amended by
5changing Section 3-1001 as follows:
 
6    (625 ILCS 5/3-1001)  (from Ch. 95 1/2, par. 3-1001)
7    (Text of Section before amendment by P.A. 102-353)
8    Sec. 3-1001. A tax is hereby imposed on the privilege of
9using, in this State, any motor vehicle as defined in Section
101-146 of this Code acquired by gift, transfer, or purchase,
11and having a year model designation preceding the year of
12application for title by 5 or fewer years prior to October 1,
131985 and 10 or fewer years on and after October 1, 1985 and
14prior to January 1, 1988. On and after January 1, 1988, the tax
15shall apply to all motor vehicles without regard to model
16year. Except that the tax shall not apply
17        (i) if the use of the motor vehicle is otherwise taxed
18    under the Use Tax Act;
19        (ii) if the motor vehicle is bought and used by a
20    governmental agency or a society, association, foundation
21    or institution organized and operated exclusively for
22    charitable, religious or educational purposes;
23        (iii) if the use of the motor vehicle is not subject to

 

 

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1    the Use Tax Act by reason of subsection (a), (b), (c), (d),
2    (e) or (f) of Section 3-55 of that Act dealing with the
3    prevention of actual or likely multistate taxation;
4        (iv) to implements of husbandry;
5        (v) when a junking certificate is issued pursuant to
6    Section 3-117(a) of this Code;
7        (vi) when a vehicle is subject to the replacement
8    vehicle tax imposed by Section 3-2001 of this Act;
9        (vii) when the transfer is a gift to a beneficiary in
10    the administration of an estate and the beneficiary is a
11    surviving spouse.
12    Prior to January 1, 1988, the rate of tax shall be 5% of
13the selling price for each purchase of a motor vehicle covered
14by Section 3-1001 of this Code. Except as hereinafter
15provided, beginning January 1, 1988, the rate of tax shall be
16as follows for transactions in which the selling price of the
17motor vehicle is less than $15,000:
18Number of Years Transpired AfterApplicable Tax
19Model Year of Motor Vehicle
201 or less$390
212290
223215
234165
245115
25690
26780

 

 

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1865
2950
31040
4over 1025
5Except as hereinafter provided, beginning January 1, 1988, the
6rate of tax shall be as follows for transactions in which the
7selling price of the motor vehicle is $15,000 or more:
8Selling PriceApplicable Tax
9$15,000 - $19,999$ 750
10$20,000 - $24,999$1,000
11$25,000 - $29,999$1,250
12$30,000 and over$1,500
13For the following transactions, the tax rate shall be $15 for
14each motor vehicle acquired in such transaction:
15        (i) when the transferee or purchaser is the spouse,
16    mother, father, brother, sister or child of the
17    transferor;
18        (ii) when the transfer is a gift to a beneficiary in
19    the administration of an estate, including, but not
20    limited to, the administration of an inter vivos trust
21    that became irrevocable upon the death of a grantor, and
22    the beneficiary is not a surviving spouse;
23        (iii) when a motor vehicle which has once been
24    subjected to the Illinois retailers' occupation tax or use
25    tax is transferred in connection with the organization,
26    reorganization, dissolution or partial liquidation of an

 

 

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1    incorporated or unincorporated business wherein the
2    beneficial ownership is not changed.
3    A claim that the transaction is taxable under subparagraph
4(i) shall be supported by such proof of family relationship as
5provided by rules of the Department.
6    For a transaction in which a motorcycle, motor driven
7cycle or moped is acquired the tax rate shall be $25.
8    On and after October 1, 1985, 1/12 of $5,000,000 of the
9moneys received by the Department of Revenue pursuant to this
10Section shall be paid each month into the Build Illinois Fund
11and the remainder into the General Revenue Fund.
12    The tax imposed by this Section shall be abated and no
13longer imposed when the amount deposited to secure the bonds
14issued pursuant to the Build Illinois Bond Act is sufficient
15to provide for the payment of the principal of, and interest
16and premium, if any, on the bonds, as certified to the State
17Comptroller and the Director of Revenue by the Director of the
18Governor's Office of Management and Budget.
19(Source: P.A. 96-554, eff. 1-1-10.)
 
20    (Text of Section after amendment by P.A. 102-353)
21    Sec. 3-1001. A tax is hereby imposed on the privilege of
22using, in this State, any motor vehicle as defined in Section
231-146 of this Code acquired by gift, transfer, or purchase,
24and having a year model designation preceding the year of
25application for title by 5 or fewer years prior to October 1,

 

 

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11985 and 10 or fewer years on and after October 1, 1985 and
2prior to January 1, 1988. On and after January 1, 1988, the tax
3shall apply to all motor vehicles without regard to model
4year. Except that the tax shall not apply
5        (i) if the use of the motor vehicle is otherwise taxed
6    under the Use Tax Act;
7        (ii) if the motor vehicle is bought and used by a
8    governmental agency or a society, association, foundation
9    or institution organized and operated exclusively for
10    charitable, religious or educational purposes;
11        (iii) if the use of the motor vehicle is not subject to
12    the Use Tax Act by reason of subsection (a), (b), (c), (d),
13    (e) or (f) of Section 3-55 of that Act dealing with the
14    prevention of actual or likely multistate taxation;
15        (iv) to implements of husbandry;
16        (v) when a junking certificate is issued pursuant to
17    Section 3-117(a) of this Code;
18        (vi) when a vehicle is subject to the replacement
19    vehicle tax imposed by Section 3-2001 of this Act;
20        (vii) when the transfer is a gift to a beneficiary in
21    the administration of an estate and the beneficiary is a
22    surviving spouse.
23    Prior to January 1, 1988, the rate of tax shall be 5% of
24the selling price for each purchase of a motor vehicle covered
25by Section 3-1001 of this Code. Except as hereinafter
26provided, beginning January 1, 1988 and until January 1, 2022,

 

 

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1the rate of tax shall be as follows for transactions in which
2the selling price of the motor vehicle is less than $15,000:
3Number of Years Transpired AfterApplicable Tax
4Model Year of Motor Vehicle
51 or less$390
62290
73215
84165
95115
10690
11780
12865
13950
141040
15over 1025
16Except as hereinafter provided, beginning January 1, 1988 and
17until January 1, 2022, the rate of tax shall be as follows for
18transactions in which the selling price of the motor vehicle
19is $15,000 or more:
20Selling PriceApplicable Tax
21$15,000 - $19,999$ 750
22$20,000 - $24,999$1,000
23$25,000 - $29,999$1,250
24$30,000 and over$1,500
25    Except as hereinafter provided, beginning on January 1,
262022, the rate of tax shall be as follows for transactions in

 

 

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1which the selling price of the motor vehicle is less than
2$15,000:
3        (1) if one year or less has transpired after the model
4    year of the vehicle, then the applicable tax is $465;
5        (2) if 2 years have transpired after the model year of
6    the motor vehicle, then the applicable tax is $365;
7        (3) if 3 years have transpired after the model year of
8    the motor vehicle, then the applicable tax is $290;
9        (4) if 4 years have transpired after the model year of
10    the motor vehicle, then the applicable tax is $240;
11        (5) if 5 years have transpired after the model year of
12    the motor vehicle, then the applicable tax is $190;
13        (6) if 6 years have transpired after the model year of
14    the motor vehicle, then the applicable tax is $165;
15        (7) if 7 years have transpired after the model year of
16    the motor vehicle, then the applicable tax is $155;
17        (8) if 8 years have transpired after the model year of
18    the motor vehicle, then the applicable tax is $140;
19        (9) if 9 years have transpired after the model year of
20    the motor vehicle, then the applicable tax is $125;
21        (10) if 10 years have transpired after the model year
22    of the motor vehicle, then the applicable tax is $115; and
23        (11) if more than 10 years have transpired after the
24    model year of the motor vehicle, then the applicable tax
25    is $100.
26    Except as hereinafter provided, beginning on January 1,

 

 

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12022, the rate of tax shall be as follows for transactions in
2which the selling price of the motor vehicle is $15,000 or
3more:
4        (1) if the selling price is $15,000 or more, but less
5    than $20,000, then the applicable tax shall be $850;
6        (2) if the selling price is $20,000 or more, but less
7    than $25,000, then the applicable tax shall be $1,100;
8        (3) if the selling price is $25,000 or more, but less
9    than $30,000, then the applicable tax shall be $1,350;
10        (4) if the selling price is $30,000 or more, but less
11    than $50,000, then the applicable tax shall be $1,600;
12        (5) if the selling price is $50,000 or more, but less
13    than $100,000, then the applicable tax shall be $2,600;
14        (6) if the selling price is $100,000 or more, but less
15    than $1,000,000, then the applicable tax shall be $5,100;
16    and
17        (7) if the selling price is $1,000,000 or more, then
18    the applicable tax shall be $10,100.
19For the following transactions, the tax rate shall be $15 for
20each motor vehicle acquired in such transaction:
21        (i) when the transferee or purchaser is the spouse,
22    mother, father, brother, sister or child of the
23    transferor;
24        (ii) when the transfer is a gift to a beneficiary in
25    the administration of an estate, including, but not
26    limited to, the administration of an inter vivos trust

 

 

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1    that became irrevocable upon the death of a grantor, and
2    the beneficiary is not a surviving spouse;
3        (iii) when a motor vehicle which has once been
4    subjected to the Illinois retailers' occupation tax or use
5    tax is transferred in connection with the organization,
6    reorganization, dissolution or partial liquidation of an
7    incorporated or unincorporated business wherein the
8    beneficial ownership is not changed.
9    A claim that the transaction is taxable under subparagraph
10(i) shall be supported by such proof of family relationship as
11provided by rules of the Department.
12    For a transaction in which a motorcycle, motor driven
13cycle or moped is acquired the tax rate shall be $25.
14    On and after October 1, 1985 and until January 1, 2022,
151/12 of $5,000,000 of the moneys received by the Department of
16Revenue pursuant to this Section shall be paid each month into
17the Build Illinois Fund; on and after January 1, 2022, 1/12 of
18$40,000,000 of the moneys received by the Department of
19Revenue pursuant to this Section shall be paid each month into
20the Build Illinois Fund; and the remainder shall be paid into
21the General Revenue Fund.
22    The tax imposed by this Section shall be abated and no
23longer imposed when the amount deposited to secure the bonds
24issued pursuant to the Build Illinois Bond Act is sufficient
25to provide for the payment of the principal of, and interest
26and premium, if any, on the bonds, as certified to the State

 

 

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1Comptroller and the Director of Revenue by the Director of the
2Governor's Office of Management and Budget.
3(Source: P.A. 102-353, eff. 1-1-22.)
 
4    Section 95. No acceleration or delay. Where this Act makes
5changes in a statute that is represented in this Act by text
6that is not yet or no longer in effect (for example, a Section
7represented by multiple versions), the use of that text does
8not accelerate or delay the taking effect of (i) the changes
9made by this Act or (ii) provisions derived from any other
10Public Act.
 
11    Section 99. Effective date. This Act takes effect upon
12becoming law.