Illinois General Assembly - Bill Status for HB2856

Replaces everything after the enacting clause. Amends the Illinois Vehicle Code. Provides that, beginning on July 1, 2021, the (1) creation, distribution, and receipt of certificates, certifications, affidavits, applications, assignments, statements, notices, documents, and other records; (2) use of signatures; (3) delivery of records; and (4) payment of required fees shall be made in electronic form as those functions relate to the implementation and ongoing management and administration of an electronic lien and title system to process the electronic notation and release of security interests in motor vehicles. Provides that the Secretary of State may charge a fee of up to $1 for each electronic notation and release of security interest. Provides that the Secretary may contract with a private contractor to facilitate the electronic processes. Provides that, beginning on July 1, 2021, the Secretary shall (instead of "may") require a licensee to submit any record required to be submitted to the Secretary using electronic media deemed feasible by the Secretary and that electronic submittal, receipt, and delivery of records and electronic signatures shall be supported by a signed agreement between the Secretary and the submitter. Provides that, beginning on July 1, 2021, the Secretary shall provide electronic notification and perfection of the lienholder's security interest in a vehicle on the certificate of title. Deletes language requiring that a request for electronic notification and perfection be made by a lienholder submitter. Effective immediately.

Replaces everything after the enacting clause with the provision of House Amendment No. 1, and makes the following changes. Deletes language: (i) providing that beginning on July 1, 2021, the (1) creation, distribution, and receipt of certificates, certifications, affidavits, applications, assignments, statements, notices, documents, and other records; (2) use of signatures; (3) delivery of records; and (4) payment of required fees shall be made in electronic form as those functions relate to the implementation and ongoing management and administration of an electronic lien and title system to process the electronic notation and release of security interests in motor vehicles; and (ii) authorizing a $1 fee. Provides instead that, no later than July 1, 2021, the Secretary of State shall implement, manage, and administer an electronic lien and title system and establish by administrative rule the standards and procedures relating to the management and implementation of the system. Provides further that the Secretary may charge a reasonable fee, set by administrative rule, for performing the services and functions relating to the management and administration of the system.

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