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92_HB2268eng HB2268 Engrossed LRB9207159DHmbA 1 AN ACT in regard to vehicles. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The State Finance Act is amended by adding 5 Section 5.545 as follows: 6 (30 ILCS 105/5.545 new) 7 Sec. 5.545. The K-12 Education Fund. 8 Section 10. The Illinois Vehicle Code is amended by 9 adding Section 3-648 as follows: 10 (625 ILCS 5/3-648 new) 11 Sec. 3-648. K-12 Education license plates. 12 (a) The Secretary, upon receipt of an application made 13 in the form prescribed by the Secretary, may issue special 14 registration plates designated as K-12 Education license 15 plates. The special plates issued under this Section shall 16 be affixed only to passenger vehicles of the first division 17 and motor vehicles of the second division weighing not more 18 than 8,000 pounds. Plates issued under this Section shall 19 expire according to the multi-year procedure established by 20 Section 3-414.1 of this Code. 21 (b) The design and color of the plates is wholly within 22 the discretion of the Secretary. The Secretary may allow the 23 plates to be issued as vanity or personalized plates under 24 Section 3-405.1 of the Code. The Secretary shall prescribe 25 stickers or decals as provided under Section 3-412 of this 26 Code. 27 (c) An applicant for the special plate shall be charged 28 a $40 fee for original issuance in addition to the 29 appropriate registration fee. Of this fee, $25 shall be HB2268 Engrossed -2- LRB9207159DHmbA 1 deposited into the K-12 Education Fund and $15 shall be 2 deposited into the Secretary of State Special License Plate 3 Fund, to be used by the Secretary to help defray the 4 administrative processing costs. 5 For each registration renewal period, a $27 fee, in 6 addition to the appropriate registration fee, shall be 7 charged. Of this fee, $25 shall be deposited into the K-12 8 Education Fund and $2 shall be deposited into the Secretary 9 of State Special License Plate Fund. 10 (d) The K-12 Education Fund is created as a special fund 11 in the State treasury. All money in the K-12 Education Fund 12 shall be paid, subject to appropriation by the General 13 Assembly and approval by the Secretary, as grants to the 14 individual school districts designated by each applicant.