92nd General Assembly
Summary of HB2100
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House Sponsors:
MOORE-HOWARD-WAIT-DART-FRANKS.

Short description: 
VEH CD-TITLE CERTIFICATE FEE                                               

Synopsis of Bill as introduced:
        Amends the Illinois Vehicle Code.  Provides that the  fee  for  a      
   certificate  of  title  for  a  vehicle  purchased for $1,000 or less,      
   except for an all-terrain vehicle or off-highway motorcycle, is $25.        
          FISCAL NOTE (Department of Transportation)                           
          The fiscal impact of HB 2100 is impossible to determine at this      
          time. Although the bill changes the fee, it does not specify         
          how the dollars are to be distributed. A literal reading of the      
          statute suggests that the Park and Conservation Fund would           
          continue to get $2, but the Road Fund would only get $23 (less       
          than half of the current $48) while the Motor Vehicle License        
          Plate and General Revenue Funds would get nothing. The statute       
          could also be interpreted to give $2 to the Park and Conserva-       
          tion Fund, $11 to the Road Fund and $4 to the Motor Vehicle          
          License Plate Fund, and only $8 (1/6 of the current amount) to       
          the Road Fund.                                                       
          FISCAL NOTE (Office of Secretary of State)                           
          The fiscal impact cannot be determined because the Secretary of      
          State does not receive information on the cost of a vehicle          
          when executing a title transfer.                                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


   END OF INQUIRY 



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