Section 1800.30 Collection
Process
Money to be deposited by the
Council into the Motor Vehicle Theft Prevention Trust Fund shall be collected
from insurers by the Council in the following manner:
a) By March 1 of each calendar year, the Council shall send
correspondence to all insurers authorized to write private passenger motor
vehicle physical damage insurance coverages which are included in Class 2 and
Class 3 as defined by Section 4 of the Illinois Insurance Code [215 ILCS 5/4]
during the preceding calendar year. The names and addresses of such insurers
shall be identified by the Department and shall be provided to the Council by
February 1 of each calendar year.
b) The correspondence will advise these insurers that, pursuant
to the Act, they are required to submit to the Council by April 1 of the
appropriate year an amount equal to $1.00 multiplied by the insurer's total
earned car years of private passenger motor vehicle insurance policies
providing physical damage insurance coverage, as defined herein, written in the
State during the preceding calendar year.
c) The correspondence shall include a worksheet which shall be
returned with the correct remittance, if applicable. If an insurer owes no
money pursuant to the Act, that fact must be noted on the worksheet returned to
the Council. Such worksheet shall require the insurer to report the following
information: insurer company's name, address, phone number and Federal taxpayer
identification number; total earned car years of exposure for the preceding
calendar year; the total fee due; the name, title and phone number of the
person completing the worksheet; the person's signature; and the date.
d) Any remittance due shall be returned to the Council by April 1
of the appropriate year and shall be in the form of a certified or corporate
check made payable to: "TREASURER, STATE OF ILLINOIS". The
remittance shall be sent to:
Illinois Motor Vehicle Theft Prevention Council
c/o Illinois Criminal Justice Information Authority
120 South Riverside Plaza, Suite 1016
Chicago, Illinois 60606-3997
Attention: Chief Fiscal Officer
e) Upon receipt by the Council of the remittance due, the money
shall be deposited into the Illinois Motor Vehicle Theft Prevention Trust Fund.
f) On or before April 15 of each year, the Council shall provide
the Department with a report indicating the insurers that returned the
worksheet required in Section 1800.30 on time (April 1); the amount of funds,
if any, contributed; and the insurers that did not return the worksheet or that
returned the worksheet late.