Section 1300.550  License Renewal

a)         Transporter Licenses shall be renewed annually.  The Department will provide the licensee with written or electronic notice 90 days before the expiration of its current license that the license will expire.

b)         The Department will grant a renewal within 45 days after submission of a renewal application if:

1)         The transporter submits a renewal application and the required nonrefundable renewal fee of $10,000;

2)         The Department has not suspended or revoked the license for violating the Act or this Part;

3)         The transporter has continued to operate in accordance with:

A)        All plans submitted as part of its application and approved by the Department; or

B)        Any amendments to those plans that have been approved by the Department;

4)         The transporter has submitted an agent, employee, contracting, and subcontracting diversity report as required by the Department.

c)         If a transporter fails to renew its license before expiration, it shall cease operations until its license is renewed.  

d)         A transporter that continues to operate after its license has expired is subject to the penalties outlined in Subpart G (Enforcement and Immunities).

e)         The Department will not renew a Transporter License if the applicant or licensee is delinquent in filing any required tax returns or paying any amounts owed to the State. [410 ILCS 705/40-40]