Public Act 099-0324
 
HB0364 EnrolledLRB099 03994 RJF 24011 b

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