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IL SB3554
Bill
AI Summary
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Amends Section 3-806 of the Illinois Vehicle Code to create a reduced registration fee for vehicles assembled or manufactured in Illinois.
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Motor vehicles of the first division (excluding autocycles, motorcycles, motor driven cycles, and pedalcycles) that are 5 model years old or younger pay an annual registration fee of $74 if assembled or manufactured in Illinois.
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Standard registration fee for other first division motor vehicles remains $148 annually, effective beginning the 2021 registration year.
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The $74 reduced fee applies only to vehicles assembled or manufactured within the state, creating an incentive for in-state vehicle production.
Legislative Description
STATEMADE VEH REGISTRATION-$74
Last Action
Session Sine Die
1/13/2021
Committee Referrals
Assignments2/14/2020
Full Bill Text
No bill text available