IL SB4176

Extends the reduced $15 vehicle transfer tax to transactions between grandparents and grandchildren, adding these relationships to the existing exemption for transfers between spouses, parents, siblings, and children.

Amends Section 3-1001 of the Illinois Vehicle Code governing the tax on motor vehicles acquired by gift, transfer, or purchase.

Updates statutory language from "mother, father, brother, sister" to "parent, grandparent, sibling" and adds "grandchild" to modernize and expand the family transfer provisions.

Maintains the current $15 flat tax rate for qualifying family transfers, compared to standard rates ranging from $100 to $10,100 depending on vehicle age and selling price.

Introduced March 11, 2026 by Senator Jil Tracy in the 104th General Assembly.