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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 HB3965
Introduced 12/18/2003, by Mike Bost SYNOPSIS AS INTRODUCED: |
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625 ILCS 5/3-600 |
from Ch. 95 1/2, par. 3-600 |
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Amends the Illinois Vehicle Code. Provides that the Secretary of State
may issue a series of special plates that the General Assembly has not already authorized for issuance only if the Secretary has received either cash in
an amount sufficient to cover the cost of issuing 1,500 sets of the special
plates
or a performance bond guaranteeing the required amount. Provides that the
amount deposited with the Secretary, or any proceeds from redemption of the
bond, shall be deposited into the Secretary of State Special License Plate
Fund. Provides that within 3
years after the date on which issuance of the plates is authorized, the
Secretary of State must receive applications for at least 1,500 sets of the
special plates, except those for which applicants must meet specified
eligibility requirements. If the required number of applications is received,
the Secretary shall return the amount of any cash deposit. If the required
number of applications is not received, the Secretary shall recall the special
plates.
Applies the same requirement regarding the minimum number of
applications to special plates authorized to be
issued before the effective date of the amendatory Act, except those for
which applicants must meet specified eligibility requirements.
Effective immediately.
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| FISCAL NOTE ACT MAY APPLY
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A BILL FOR
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HB3965 |
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LRB093 14744 DRH 40292 b |
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| AN ACT in relation to vehicles.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Vehicle Code is amended by changing
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| Section 3-600 as follows:
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| (625 ILCS 5/3-600) (from Ch. 95 1/2, par. 3-600)
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| Sec. 3-600. Requirements for issuance of special plates.
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| (a) The Secretary of State shall not issue a series of |
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| special plates
that the General Assembly has authorized for |
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| issuance before the effective
date of this amendatory Act of |
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| the 93rd General Assembly unless applications,
as prescribed by |
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| the Secretary, have been received for
10,000 plates of that |
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| series; except that
the Secretary of State may
prescribe some |
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| other required number of applications if that number is
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| sufficient to pay for the total cost of designing, |
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| manufacturing and
issuing the special license plate.
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| (a-1) The Secretary of State may issue a series of special |
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| plates that
the General Assembly has authorized for issuance on |
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| or after the effective
date of this amendatory Act of the 93rd |
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| General Assembly only if the
organization seeking issuance of |
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| the plates either has deposited with the
Secretary in cash an |
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| amount the Secretary has determined to be sufficient to
cover |
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| the cost of designing, manufacturing, and issuing 1,500 sets of |
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| the
special plates or has provided the Secretary with a |
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| performance bond
guaranteeing payment of the required amount if |
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| necessary.
If no formal organization exists at the time that |
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| issuance of the special
plates is proposed, the individual or |
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| individuals seeking issuance of the
plates must form an |
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| organization to deposit the required moneys or post the
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| required bond.
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| The amount deposited with the Secretary, or any proceeds |
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| from redemption of
the performance bond, shall be deposited |