Full Text of HB0364 99th General Assembly
HB0364enr 99TH GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning transportation.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Vehicle Code is amended by changing | 5 | | Sections 3-801, 3-905, and 15-314 as follows:
| 6 | | (625 ILCS 5/3-801) (from Ch. 95 1/2, par. 3-801)
| 7 | | Sec. 3-801. Registration. | 8 | | (a) Except as provided herein for new residents,
every | 9 | | owner of any vehicle which shall be operated upon the public | 10 | | highways
of this State shall, within 24 hours after becoming | 11 | | the owner or at such
time as such vehicle becomes subject to | 12 | | registration under the provisions
of this Act, file in an | 13 | | office of the Secretary of State, an application
for | 14 | | registration properly completed and executed. New residents | 15 | | need not secure
registration until 30 days after establishing | 16 | | residency in this State,
provided the vehicle is properly | 17 | | registered in another jurisdiction. By the
expiration of such | 18 | | 30 day statutory grace period, a new resident shall
comply with | 19 | | the provisions of this Act and apply for Illinois vehicle
| 20 | | registration. All applications for registration shall be | 21 | | accompanied by all
documentation required under the provisions | 22 | | of this Act. The appropriate
registration fees and taxes | 23 | | provided for in this Article of this Chapter
shall be paid to |
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| 1 | | the Secretary of State with the application for
registration of | 2 | | vehicles subject to registration under this Act.
| 3 | | (b) Any resident of this State, who has been serving as a | 4 | | member of the
United States Armed Services outside of the State | 5 | | of Illinois, need not
secure registration until 45 days after | 6 | | returning to this
State, provided the vehicle displays | 7 | | temporary military registration.
| 8 | | (c) When an application is submitted by mail, the applicant | 9 | | may not
submit cash or postage stamps for payment of fees or | 10 | | taxes due. The
Secretary in his discretion, may decline to | 11 | | accept a personal or company
check or electronic payment in | 12 | | payment of fees or taxes. An application submitted to a dealer, | 13 | | or
a remittance made to the Secretary of State shall be deemed | 14 | | in compliance
with this Section.
| 15 | | (Source: P.A. 85-1209.)
| 16 | | (625 ILCS 5/3-905) (from Ch. 95 1/2, par. 3-905)
| 17 | | Sec. 3-905. Bond; fee; duration of license. Such applicant | 18 | | shall,
with
his application, deposit with the Secretary of | 19 | | State a bond as hereinafter
provided, for each location at | 20 | | which the applicant intends to act as a
remittance agent. The | 21 | | application shall be accompanied by the payment of a
license | 22 | | fee in the sum of $50.00 (or $25.00 if such application is | 23 | | filed
after July 1) for each location at which he proposes to | 24 | | act as a remittance
agent. If the applicant shall have complied | 25 | | with all of the requirements of
this Section and the Secretary |
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| 1 | | of State shall find after investigation that
the applicant is | 2 | | financially sound and of good business integrity, he shall
| 3 | | issue the required license. Such license shall terminate on | 4 | | December 31 of
the year for which it is issued, but upon | 5 | | application prior to November 15
of any year for which a | 6 | | license is in effect may be renewed for the next
succeeding | 7 | | calendar year. Such application shall be accompanied by the
| 8 | | payment of an annual license fee of $50.00 for each location at | 9 | | which the
applicant proposes to act as a remittance agent and | 10 | | the posting of the bond
herein provided, for each such | 11 | | location.
| 12 | | The bond required by this Section shall be for the term of | 13 | | the
license, or renewal thereof, for which application is made, | 14 | | and shall
run to the People of the State of Illinois, with | 15 | | surety by a bonding or
insurance company authorized to do | 16 | | business in this State, to be
approved by the Secretary of | 17 | | State. It shall be conditioned upon the
proper transmittal of | 18 | | all remittances by the applicant as a
remittance agent and the | 19 | | performance of all undertakings in connection
therewith. It | 20 | | shall be in the minimum sum of $10,000, or in an amount
equal | 21 | | to the aggregate sum of money transmitted to the State by
the | 22 | | applicant during the highest 15 day period in the fiscal
year
| 23 | | immediately preceding the one for which application is made | 24 | | (rounded to
the nearest $1,000), whichever is the greater. | 25 | | However, for the purpose
of determining the bond requirements | 26 | | hereunder, remittances made by
applicants in the form of money |
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| 1 | | orders , or checks , or electronic payments which are made | 2 | | payable
directly to the Secretary of State or the Illinois | 3 | | Department of
Revenue by the remitter, shall not be
considered | 4 | | in the aggregate. The bond requirement of this
Section shall | 5 | | not
apply to banks, savings and loan associations, and credit
| 6 | | unions chartered by the State
of Illinois or the United States; | 7 | | provided that the banks, savings
and
loan associations, and | 8 | | credit unions provide to the
Secretary of State an affidavit | 9 | | stating that
the bank, savings and loan association, or credit | 10 | | union is
sufficiently bonded to meet the
requirements as | 11 | | required above. Such affidavit shall be signed by an officer
of | 12 | | the bank, savings and loan association, or credit union and
| 13 | | shall be notarized.
| 14 | | (Source: P.A. 87-206; 88-470; 88-643, eff. 1-1-95.)
| 15 | | (625 ILCS 5/15-314) (from Ch. 95 1/2, par. 15-314)
| 16 | | Sec. 15-314. Payment of Fees. The Department shall | 17 | | prescribe the time
and method of payment of all appropriate | 18 | | fees authorized by Section 15-302
through 15-313.
| 19 | | The Department may, at its discretion, establish credit | 20 | | accounts with billing
to be made at intervals not exceeding one | 21 | | month.
| 22 | | Failure to pay invoices in full within a period of 30 days | 23 | | after the billing
date shall be sufficient cause for the | 24 | | Department to withhold issuance of
any further permits or | 25 | | credit to the individual, company, or subsidiary firm.
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| 1 | | The Department is authorized to charge a service fee of $3 | 2 | | for a dishonored payment check
returned for any reason. All | 3 | | money received by the
Department under the provisions of this | 4 | | Section shall be deposited in
the Road Fund. No refund shall be | 5 | | made to applicant following issuance
of a permit if move is not | 6 | | completed.
| 7 | | (Source: P.A. 81-199.)
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