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09600SB0944sam001 |
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LRB096 07054 AJT 27014 a |
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| "Motor vehicle" means passenger vehicles of the first |
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| division and motor vehicles of the second division weighing not |
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| more than 8,000 pounds. |
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| "Vehicle license cost recovery fee" or "VLCRF" means a |
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| charge that may be separately stated and charged on a rental |
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| agreement in a vehicle rental transaction originating in |
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| Illinois to recover costs incurred by an automobile rental |
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| company to license, title, register, and inspect motor |
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| vehicles. |
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| (b) Automobile rental companies may include a separately |
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| stated mandatory surcharge or fee in a rental agreement for |
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| vehicle license cost recovery fees (VLCRF) and all applicable |
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| taxes. |
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| (c) If an automobile rental company includes a VLCRF as |
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| separately stated charge in a rental agreement, the amount of |
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| the fee must represent the automobile rental company's |
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| good-faith estimate of the automobile rental company's daily |
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| charge as calculated by the automobile rental company to |
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| recover its actual total annual motor vehicle titling, |
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| registration, and inspection costs. |
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| (d) If the total amount of the VLCRF collected by a |
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| automobile rental company under this Section in any calendar |
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| year exceeds the automobile rental company's actual costs to |
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| license, title, register, and inspect for that calendar year, |
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| the automobile rental company shall do both of the following: |
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| (1) Retain the excess amount; and |
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09600SB0944sam001 |
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LRB096 07054 AJT 27014 a |
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| (2) Adjust the estimated average per vehicle titling, |
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| licensing, inspection, and registration charge for the |
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| following calendar year by a corresponding amount. |
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| (e) Nothing in subsection (d) of this Section shall prevent |
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| a automobile rental company from making adjustments to the |
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| VLCRF during the calendar year. ".
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