HB2550 Summary

• Amends the Illinois Vehicle Code to modify the Illinois Fire Fighters' Memorial license plate program and fund distribution procedures.

• Changes fund management so the Office of the State Fire Marshal (rather than the Secretary of State) directly administers the Illinois Fire Fighters' Memorial Fund.

• Expands scholarship eligibility in subsection (d)(3) to include "any other post-secondary education approved by the Illinois Firefighter Memorial Foundation," not limited to graduate and undergraduate study only.

• Maintains fee structure: $27 for original issuance ($15 to Secretary of State Special License Plate Fund, $12 to Illinois Fire Fighters' Memorial Fund) and $17 for renewal ($2 and $15 respectively).

• Allows up to 10% of annual fund proceeds for Illinois Fire Fighter Museum maintenance and exhibits, with the 10% limit waivable for emergency structural repairs if approved by the Illinois Fire Fighters Memorial Foundation.