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IL SB3609

Bill

Status

Passed

5/13/2022

Primary Sponsor

David Koehler

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Establishes a $25 title fee rebate for buyers of vehicles manufactured in Illinois, applicable to passenger vehicles (excluding autocycles, motor driven cycles, and pedalcycles) and second division vehicles weighing 8,000 pounds or less

  • Limits the rebate to one per qualifying vehicle for its lifetime, with applications required within one year of the vehicle's manufacture date

  • Revises delinquent vehicle dealer transfer fees beginning 90 days after the Act's effective date: $10 fee for titles received 45-60 days after sale, $20 fee for 60-90 days, $65 fee for 90-120 days, and $100 fee for 120+ days

  • Requires dealers to execute title assignments within 20 days of transferring a vehicle to another person

  • Directs all delinquent dealer transfer fees to be deposited into the CDLIS/AAMVAnet/NMVTIS Trust Fund

Legislative Description

VEH CD-REGISTRATION DISCOUNT

Last Action

Public Act . . . . . . . . . 102-0845

5/13/2022

Committee Referrals

Transportation: Vehicles & Safety3/7/2022
Rules2/24/2022
Transportation2/22/2022
Assignments2/18/2022
Transportation2/15/2022
Assignments2/10/2022
Transportation2/1/2022
Assignments1/19/2022

Full Bill Text

No bill text available