Full Text of SB3609 102nd General Assembly
SB3609enr 102ND GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning transportation.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Vehicle Code is amended by | 5 | | changing Section 3-113 and by adding Section 3-806.10 as | 6 | | follows: | 7 | | (625 ILCS 5/3-113) (from Ch. 95 1/2, par. 3-113) | 8 | | Sec. 3-113. Transfer to or from dealer; records.
| 9 | | (a) After a dealer buys a vehicle and holds it for resale, | 10 | | the
dealer must procure the
certificate of title from the | 11 | | owner or the lienholder. The dealer may hold
the certificate | 12 | | until he or she transfers the vehicle to another person.
Upon | 13 | | transferring the vehicle to another person,
the dealer shall | 14 | | promptly and within 20
days
execute the assignment and | 15 | | warranty of title by a dealer, showing the names and
addresses | 16 | | of the transferee and of any lienholder holding a security | 17 | | interest
created or reserved at the time of the resale, in the | 18 | | spaces provided therefor
on the certificate or as the | 19 | | Secretary of State prescribes, and mail or deliver
the | 20 | | certificate to the Secretary of State with the transferee's | 21 | | application for
a new certificate, except as provided in | 22 | | Section 3-117.2.
A dealer has complied with this Section if | 23 | | the date of the mailing of the certificate, as indicated by the |
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| 1 | | postmark, is within 20 days of the date on which the vehicle | 2 | | was transferred to another person.
| 3 | | (b) The Secretary of State may decline to process any | 4 | | application for a
transfer of an interest in a vehicle if any | 5 | | fees or taxes due under this
Code from the transferor or the | 6 | | transferee have not been paid upon
reasonable notice and | 7 | | demand.
| 8 | | (c) Any person who violates this Section shall be guilty | 9 | | of a petty offense.
| 10 | | (d) Beginning January 1, 2014 and continuing until 90 days | 11 | | after the effective date of this amendatory Act of the 102nd | 12 | | General Assembly , the Secretary of State is authorized to | 13 | | impose a delinquent vehicle dealer transfer fee of $20 if the | 14 | | certificate of title is received by the Secretary from the | 15 | | dealer 30 days but less than 60 days after the date of sale ; | 16 | | however, if . If the certificate of title is received by the | 17 | | Secretary from the dealer 60 days but less than 90 days after | 18 | | the date of sale, the delinquent dealer transfer fee shall be | 19 | | $35. Beginning 90 days after the effective date of this | 20 | | amendatory Act of the 102nd General Assembly, the Secretary of | 21 | | State is authorized to impose a delinquent vehicle dealer | 22 | | transfer fee of $10 if the certificate of title is received by | 23 | | the Secretary from the dealer more than 45 days but less than | 24 | | 60 days after the date of sale; however, if the certificate of | 25 | | title is received by the Secretary from the dealer 60 or more | 26 | | days but less than 90 days after the date of sale, the |
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| 1 | | delinquent dealer transfer fee shall be $20. If the | 2 | | certificate of title is received by the Secretary from the | 3 | | dealer 90 or more days but less than 120 days after the date of | 4 | | sale, the delinquent vehicle dealer transfer fee shall be $65. | 5 | | If the certificate of title is received by the Secretary from | 6 | | the dealer 120 days or more after the date of the sale, the | 7 | | delinquent vehicle dealer transfer fee shall be $100. All | 8 | | monies collected under this subsection shall be deposited into | 9 | | the CDLIS/AAMVAnet/NMVTIS Trust Fund. | 10 | | (e) Beginning January 1, 2022, the Secretary of State is | 11 | | authorized to issue a certificate of title in the name of the | 12 | | dealership to a licensed dealer under Chapter 5 for $20 if the | 13 | | surrendered certificate of title has no space to assign the | 14 | | certificate of title again. | 15 | | (f) Any licensee under Chapter 5 who sells, transfers, or | 16 | | wholesales a vehicle out of State shall mail the certificate | 17 | | of title to the physical business address in the requisite | 18 | | jurisdiction in lieu of transferring title at the time of | 19 | | sale. | 20 | | (Source: P.A. 102-154, eff. 1-1-22 .)
| 21 | | (625 ILCS 5/3-806.10 new) | 22 | | Sec. 3-806.10. Vehicles manufactured in Illinois. Upon | 23 | | payment of the title fee for a first division passenger | 24 | | vehicle other than an autocycle, motor driven cycle, or | 25 | | pedalcycle or for a second division vehicle weighing 8,000 |
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| 1 | | pounds or less, the buyer or owner of the vehicle may apply for | 2 | | a rebate in the amount of $25 on a form prescribed by the | 3 | | Secretary of State if the vehicle is manufactured in this | 4 | | State and the application for title is made no more than one | 5 | | year after the month in which the vehicle was manufactured. | 6 | | Each qualifying vehicle shall be eligible for one rebate of | 7 | | $25 for the lifetime of the qualifying vehicle. The Secretary | 8 | | of State shall adopt administrative rules to administer this | 9 | | Section that include the information necessary for the rebate | 10 | | application.
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