(625 ILCS 5/3-629)

Sec. 3-629. Collegiate license plates; scholarship fund.

(a) In addition to any other special license plate,
the Secretary, upon receipt of all
applicable fees and applications made in the form prescribed by the
Secretary of State, may issue collegiate license plates.
The collegiate plates issued under this
Section shall be affixed only to passenger vehicles of the first division and
motor vehicles of the second division weighing not more than 8,000 pounds and
subject to the
staggered registration system.  Plates issued under this Section shall
expire according to the staggered
multi-year procedure established under Section 3-414.1 of this Code.

(b) The design, color, and format of the plates shall be wholly
within the discretion of the Secretary of State.  The Secretary of State may,
at his or her discretion, issue the plates for any public college or university located in this State or for any degree-granting,
not-for-profit private college or university located in this State or a contiguous state. If the college or university is located in a contiguous state, there must be not less than 10,000 alumni of the college or university residing in this State. The
Secretary may, in his or her discretion, allow the plates to be issued as
vanity plates or personalized in accordance with Section 3-405.1 of this Code.
The plates are not required to designate "Land Of Lincoln", as prescribed in
subsection (b) of Section
3-412 of this Code.  The Secretary shall prescribe the eligibility
requirements including a minimum level of specialized license plates requests
and, in his or her discretion, shall approve and prescribe stickers
or decals as provided under Section 3-412.

(c) An applicant shall be charged a $40 fee for original issuance
in addition to the applicable registration fee.  Of the original issuance fee
in the case of a public university or college, $25 shall be deposited into the
State College and University Trust Fund and $15 shall be
deposited into the Secretary of State Special License Plate Fund to be used by
the Secretary of State, subject to
appropriation, to help defray the administrative costs of issuing the plate.
Of the original issuance fee in the case of a degree-granting, not-for-profit
private college or university,
$25 shall be deposited into the University Grant Fund and $15 shall be
deposited into the Secretary of State Special License Plate Fund to be used by
the Secretary of State, subject to appropriation, to help defray the
administrative cost of issuing the plate.  In addition to the regular
renewal fee, an applicant shall be charged $27 for the renewal of each set of
license plates issued under this Section; $25 shall be deposited into the
State College and University Trust Fund in the case of a public university or
college or into the
University Grant Fund in the case of a degree-granting, not-for-profit private
college or university, and $2
shall be deposited into the Secretary of
State Special License Plate Fund plates for all collegiate plates.

(d) The State College and University Trust Fund is created as a special fund
in the State treasury.
 The State Treasurer shall create separate accounts within the State College
and University
Trust Fund for each public university or college for which collegiate license
plates have
been issued.  Moneys in the State College and University Trust Fund shall be
allocated to
each account in proportion to the number of plates sold in regard to each
public
university or college.
Moneys deposited into the State
College and University Trust Fund
during the preceding calendar year
shall be distributed, subject to appropriation, to each participating
public
university or college.  This revenue shall be
used for the sole purpose of
scholarship grant awards to Illinois residents.

(e) The University Grant Fund is created as a special fund in the State
treasury.  The State Treasurer shall create separate accounts within the University
Grant Fund for each university or college for which collegiate license
plates have
been issued.  Moneys in the University Grant Fund shall be
allocated to
each account in proportion to the number of plates sold in regard to each
university or college.
Moneys deposited into these accounts
during the preceding calendar year
shall, subject to appropriation, be distributed through the Illinois Student Assistance Commission  to participating private colleges and universities. This revenue shall be used for the sole purpose of scholarship grant awards to Illinois residents.

(Source: P.A. 95-444, eff. 8-27-07.)