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Synopsis As Introduced Amends the Illinois Motor Vehicle Theft Prevention Act. Extends the date of repeal of the Act from January 1, 2016 to January 1, 2020.
Replaces everything after the enacting clause with the introduced bill. Makes the following changes: further Amends the Illinois Motor Vehicle Theft Prevention Act. Eliminates references to the Illinois Criminal Justice Information Authority within the Act. Removes the Motor Vehicle Theft Prevention Trust Fund from the State treasury. Provides that money in the Motor Vehicle Theft Prevention Trust Fund shall be used to pay the administrative costs to support the Illinois Motor Vehicle Theft Prevention Council, not to exceed 10% in any one fiscal year of other amounts collected under the Act (currently, to pay the Authority's costs to administer the Council). Requires the Trust Fund to be administered by a statewide association representing property and casualty insurance companies that pay into the Trust Fund (instead of the Executive Director of the Authority). Makes changes to the purpose of the Act and to the powers of the Illinois Motor Vehicle Theft Prevention Council. Provides that moneys in the State Police Motor Vehicle Trust Fund shall be used by the Department of State Police for motor vehicle fraud prevention purposes in addition to motor vehicle theft prevention purposes. Amends the State Finance Act to make conforming changes.
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