House Sponsors: BRUNSVOLD-CURRY,JULIE-NOVAK-WOOLARD-MCKEON, FRITCHEY AND DAVIS,STEVE. Short description: VEH CD-REPLACE MULTI-YR PLATES Synopsis of Bill as introduced: Amends the Illinois Vehicle Code to provide that, beginning January 1, 2000, 75 cents of each registration renewal fee shall be deposited into the Secretary of State Registration Plate Replacement Fund to be used for plate manufacturing and processing costs for registrations issued under the provisions concerning multi-year registration plates. Provides that the Secretary of State may adopt rules for the enforcement of vehicle registrations. Provides that, beginning in 2001, the Secretary of State shall replace multi-year plates and, after completion of the replacement of the multi-year plates, periodically replace the multi-year plates. Provides that any person who operates or permits the operation of a vehicle with expired registration plates or stickers is guilty of a petty offense. Amends the State Finance Act to create the Secretary of State Registration Plate Replacement Fund and provides for road fund moneys to be appropriated for replating purposes. Effective immediately. FISCAL NOTE (State Treasurer) Until the year 2001 HB195 will have no impact on State fi- nances. The Treasurer's Office cannot make an estimate after 2001. FISCAL NOTE (Bureau of the Budget) There were 9.3 million registrations in FY98 which would have been subject to the $.75 set aside to be used for manufacturing and processing costs for multi-year plates. FISCAL NOTE (Illinois State Police) There would be no measurable fiscal impact on the State Police. FISCAL NOTE (Secretary of State) Deposit of $0.75 of the $48 multi-year plate renewals and first time registrations would result in approximately $6.8 million per year into the Registration Plate Replacement Fund. FISCAL NOTE (Comptroller) HB195 will not impact Comptroller expenditures. FISCAL NOTE (Dept. of Transportation) Road Fund losses will be approximately $7 million annually with deposits of the 75 cent vehicle registration fee. Immediate transfers plus the 75 cent diversion would result in a loss to the Road Fund of approximately $64 million over 5 yrs. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status