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91_HB2106
LRB9103484KSsbA
1 AN ACT to amend the Illinois Vehicle Code by changing
2 Section 3-629.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Vehicle Code is amended by
6 changing Section 3-629 as follows:
7 (625 ILCS 5/3-629)
8 Sec. 3-629. Collegiate license plates; scholarship fund.
9 (a) In addition to any other special license plate, the
10 Secretary, upon receipt of all applicable fees and
11 applications made in the form prescribed by the Secretary of
12 State, may issue collegiate license plates. The collegiate
13 plates issued under this Section shall be affixed only to
14 passenger vehicles of the first division and motor vehicles
15 of the second division weighing not more than 8,000 pounds
16 and subject to the staggered registration system. Plates
17 issued under this Section shall expire according to the
18 staggered multi-year procedure established under Section
19 3-414.1 of this Code.
20 (b) The design, color, and format of the plates shall be
21 wholly within the discretion of the Secretary of State. The
22 Secretary of State may, at his or her discretion, issue the
23 plates for any public or degree-granting, not-for-profit
24 private college or university located in this State. The
25 Secretary may, in his or her discretion, allow the plates to
26 be issued as vanity plates or personalized in accordance with
27 Section 3-405.1 of this Code. The plates are not required to
28 designate "Land Of Lincoln", as prescribed in subsection (b)
29 of Section 3-412 of this Code. The Secretary shall prescribe
30 the eligibility requirements including a minimum level of
31 specialized license plates requests and, in his or her
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1 discretion, shall approve and prescribe stickers or decals as
2 provided under Section 3-412.
3 (c) An applicant shall be charged a $40 fee for original
4 issuance in addition to the applicable registration fee. Of
5 the original issuance fee in the case of a public university
6 or college, $25 shall be deposited into the State College and
7 University Trust Fund and $15 shall be deposited into the
8 Secretary of State Special License Plate Fund to be used by
9 the Secretary of State, subject to appropriation, to help
10 defray the administrative costs of issuing the plate. Of the
11 original issuance fee in the case of a degree-granting,
12 not-for-profit private college or university, $25 shall be
13 deposited into the University Grant Fund and $15 shall be
14 deposited into the Secretary of State Special License Plate
15 Fund to be used by the Secretary of State, subject to
16 appropriation, to help defray the administrative cost of
17 issuing the plate. In addition to the regular renewal fee,
18 an applicant shall be charged $27 for the renewal of each set
19 of license plates issued under this Section; $25 shall be
20 deposited into the State College and University Trust Fund in
21 the case of a public university or college or into the
22 University Grant Fund in the case of a degree-granting,
23 not-for-profit private college or university, and $2 shall be
24 deposited into the Secretary of State Special License Plate
25 Fund plates for all collegiate plates.
26 (d) The State College and University Trust Fund is
27 created as a special fund in the State treasury. The State
28 Treasurer shall create separate accounts within the State
29 College and University Trust Fund for each public university
30 or college for which collegiate license plates have been
31 issued. Moneys in the State College and University Trust
32 Fund shall be allocated to each account in proportion to the
33 number of plates sold in regard to each public university or
34 college. All moneys in the State College and University
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1 Trust Fund shall be appropriated to the Board of Higher
2 Education for distribution to each public university or
3 college in proportion to the number of plates sold in regard
4 to that university or college according to subsection (c).
5 Moneys Receipts deposited into the State College and
6 University Trust Fund during the preceding calendar year
7 shall be distributed, subject to appropriation, to each
8 participating public university or college institutions by
9 April 1. This revenue shall be used for the sole purpose of
10 scholarship grant awards.
11 (e) The University Grant Fund is created as a special
12 fund in the State treasury. All moneys in the University
13 Grant Fund shall be appropriated to the Illinois Student
14 Assistance Commission to make reimbursements to participating
15 private colleges and universities under the Higher Education
16 License Plate Grant Program.
17 (Source: P.A. 89-424, eff. 6-1-96; 89-626, eff. 8-9-96;
18 90-14, eff. 7-1-97; 90-278, eff. 7-31-97; 90-774, eff.
19 8-14-98.)