92nd General Assembly
Summary of SB0074
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Senate Sponsors:

House Sponsors:

Short description: 
VEH CD-DONATIONS-TITLES-SALES                                              

Synopsis of Bill as introduced:
        Amends the Illinois Vehicle Code.  Provides that no fee shall  be      
   paid  by  a  not-for-profit  organization  that is exempt from federal      
   income taxation under Section 501(c)(3) of the Internal  Revenue  Code      
   for a certificate of title for a used vehicle that has been donated to      
   the  organization. Provides that a federally tax-exempt not-for-profit      
   organization that sells or  consigns  used  vehicles  that  have  been      
   donated  to  the organization is not subject to the requirement that a      
   person be licensed as a new or used vehicle dealer in order to  engage      
   in  the  business of selling or consigning 5 or more used vehicles per      
   year. Effective immediately.                                                
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          625 ILCS 5/3-821                                                     
          625 ILCS 5/5-102                                                     
          Adds reference to:                                                   
          625 ILCS 5/3-114.1 new                                               
        Deletes everything. Amends the Illinois Vehicle Code. Provides         
   that if a charitable organization receives a motor vehicle donated          
   for the purpose of providing an individual with transportation, the         
   organization need not send the certificate of title to the Secretary        
   of State when it receives the vehicle or transfers the vehicle to           
   such an individual, but may execute a reassignment of title on the          
   certificate itself.                                                         
Last action on Bill: PUBLIC ACT.............................. 92-0495

   Last action date: DEC-05-2001

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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