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91_HB2106enr HB2106 Enrolled 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 HB2106 Enrolled -2- LRB9103484KSsbA 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 UniversityHB2106 Enrolled -3- LRB9103484KSsbA 1Trust Fund shall be appropriated to the Board of Higher2Education for distribution to each public university or3college in proportion to the number of plates sold in regard4to that university or college according to subsection (c).5 MoneysReceiptsdeposited 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 collegeinstitutions by9April 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.)