HB1056 Summary

• Establishes licensing requirements for manufactured home dealers and community-based manufactured home dealers in Illinois, administered by the Secretary of State.

• Requires applicants to submit applications with business information, ownership details, manufacturer contracts, Department of Revenue registration, a $20,000 bond or certificate of deposit, and verification that officers and principals have not violated specified vehicle, tax, consumer, or fraud laws in the past 3 years.

• Sets license fees at $1,000 for established place of business and $100 per additional location for manufactured home dealers (or $500/$50 if applied after June 15); $500 for established place of business and $50 per additional location for community-based dealers (or $250/$50 if applied after June 15).

• Requires all licensed dealers to furnish purchasers with manufacturer's statement of origin or certificate of title, sworn statement of matching identification numbers, bill of sale, uniform invoice form, and warranty or "AS IS" disclosure.

• Amends the Illinois Vehicle Code to add community-based manufactured home dealers to record-keeping requirements, mandating 3-year maintenance of acquisition and disposition records for vehicles and essential parts.