SB1360 EngrossedLRB097 06606 HEP 46691 b

1    AN ACT concerning transportation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Vehicle Code is amended by adding
5Section 3-696 as follows:
 
6    (625 ILCS 5/3-696 new)
7    Sec. 3-696. Corporate-sponsored license plate study. The
8Secretary of State shall complete a feasibility study for the
9implementation of a program for corporate-sponsored license
10plates. The study shall include, but not be limited to,
11findings on how to maximize profits to the State, how to
12provide for a discounted registration fee for Illinois
13residents who display a corporate-sponsored license plate;
14public interest in such a program; and the cost to the State
15for implementation of such a program. The Secretary of State
16shall report the findings of the feasibility study to the
17General Assembly no later than January 1, 2012.
 
18    Section 99. Effective date. This Act takes effect upon
19becoming law.