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| Public Act 102-0845 | ||||
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AN ACT concerning transportation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Vehicle Code is amended by | ||||
changing Section 3-113 and by adding Section 3-806.10 as | ||||
follows: | ||||
(625 ILCS 5/3-113) (from Ch. 95 1/2, par. 3-113) | ||||
Sec. 3-113. Transfer to or from dealer; records.
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(a) After a dealer buys a vehicle and holds it for resale, | ||||
the
dealer must procure the
certificate of title from the | ||||
owner or the lienholder. The dealer may hold
the certificate | ||||
until he or she transfers the vehicle to another person.
Upon | ||||
transferring the vehicle to another person,
the dealer shall | ||||
promptly and within 20
days
execute the assignment and | ||||
warranty of title by a dealer, showing the names and
addresses | ||||
of the transferee and of any lienholder holding a security | ||||
interest
created or reserved at the time of the resale, in the | ||||
spaces provided therefor
on the certificate or as the | ||||
Secretary of State prescribes, and mail or deliver
the | ||||
certificate to the Secretary of State with the transferee's | ||||
application for
a new certificate, except as provided in | ||||
Section 3-117.2.
A dealer has complied with this Section if | ||||
the date of the mailing of the certificate, as indicated by the | ||||
postmark, is within 20 days of the date on which the vehicle | ||
was transferred to another person.
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(b) The Secretary of State may decline to process any | ||
application for a
transfer of an interest in a vehicle if any | ||
fees or taxes due under this
Code from the transferor or the | ||
transferee have not been paid upon
reasonable notice and | ||
demand.
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(c) Any person who violates this Section shall be guilty | ||
of a petty offense.
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(d) Beginning January 1, 2014 and continuing until 90 days | ||
after the effective date of this amendatory Act of the 102nd | ||
General Assembly, the Secretary of State is authorized to | ||
impose a delinquent vehicle dealer transfer fee of $20 if the | ||
certificate of title is received by the Secretary from the | ||
dealer 30 days but less than 60 days after the date of sale; | ||
however, if . If the certificate of title is received by the | ||
Secretary from the dealer 60 days but less than 90 days after | ||
the date of sale, the delinquent dealer transfer fee shall be | ||
$35. Beginning 90 days after the effective date of this | ||
amendatory Act of the 102nd General Assembly, the Secretary of | ||
State is authorized to impose a delinquent vehicle dealer | ||
transfer fee of $10 if the certificate of title is received by | ||
the Secretary from the dealer more than 45 days but less than | ||
60 days after the date of sale; however, if the certificate of | ||
title is received by the Secretary from the dealer 60 or more | ||
days but less than 90 days after the date of sale, the | ||
delinquent dealer transfer fee shall be $20. If the | ||
certificate of title is received by the Secretary from the | ||
dealer 90 or more days but less than 120 days after the date of | ||
sale, the delinquent vehicle dealer transfer fee shall be $65. | ||
If the certificate of title is received by the Secretary from | ||
the dealer 120 days or more after the date of the sale, the | ||
delinquent vehicle dealer transfer fee shall be $100. All | ||
monies collected under this subsection shall be deposited into | ||
the CDLIS/AAMVAnet/NMVTIS Trust Fund. | ||
(e) Beginning January 1, 2022, the Secretary of State is | ||
authorized to issue a certificate of title in the name of the | ||
dealership to a licensed dealer under Chapter 5 for $20 if the | ||
surrendered certificate of title has no space to assign the | ||
certificate of title again. | ||
(f) Any licensee under Chapter 5 who sells, transfers, or | ||
wholesales a vehicle out of State shall mail the certificate | ||
of title to the physical business address in the requisite | ||
jurisdiction in lieu of transferring title at the time of | ||
sale. | ||
(Source: P.A. 102-154, eff. 1-1-22.)
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(625 ILCS 5/3-806.10 new) | ||
Sec. 3-806.10. Vehicles manufactured in Illinois. Upon | ||
payment of the title fee for a first division passenger | ||
vehicle other than an autocycle, motor driven cycle, or | ||
pedalcycle or for a second division vehicle weighing 8,000 | ||
pounds or less, the buyer or owner of the vehicle may apply for | ||
a rebate in the amount of $25 on a form prescribed by the | ||
Secretary of State if the vehicle is manufactured in this | ||
State and the application for title is made no more than one | ||
year after the month in which the vehicle was manufactured. | ||
Each qualifying vehicle shall be eligible for one rebate of | ||
$25 for the lifetime of the qualifying vehicle. The Secretary | ||
of State shall adopt administrative rules to administer this | ||
Section that include the information necessary for the rebate | ||
application.
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