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1 | AN ACT concerning transportation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Vehicle Code is amended by changing | |||||||||||||||||||||||
5 | Sections 3-801, 3-905, and 15-314 as follows:
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6 | (625 ILCS 5/3-801) (from Ch. 95 1/2, par. 3-801)
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7 | Sec. 3-801. Registration. | |||||||||||||||||||||||
8 | (a) Except as provided herein for new residents,
every | |||||||||||||||||||||||
9 | owner of any vehicle which shall be operated upon the public | |||||||||||||||||||||||
10 | highways
of this State shall, within 24 hours after becoming | |||||||||||||||||||||||
11 | the owner or at such
time as such vehicle becomes subject to | |||||||||||||||||||||||
12 | registration under the provisions
of this Act, file in an | |||||||||||||||||||||||
13 | office of the Secretary of State, an application
for | |||||||||||||||||||||||
14 | registration properly completed and executed. New residents | |||||||||||||||||||||||
15 | need not secure
registration until 30 days after establishing | |||||||||||||||||||||||
16 | residency in this State,
provided the vehicle is properly | |||||||||||||||||||||||
17 | registered in another jurisdiction. By the
expiration of such | |||||||||||||||||||||||
18 | 30 day statutory grace period, a new resident shall
comply with | |||||||||||||||||||||||
19 | the provisions of this Act and apply for Illinois vehicle
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20 | registration. All applications for registration shall be | |||||||||||||||||||||||
21 | accompanied by all
documentation required under the provisions | |||||||||||||||||||||||
22 | of this Act. The appropriate
registration fees and taxes | |||||||||||||||||||||||
23 | provided for in this Article of this Chapter
shall be paid to |
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1 | the Secretary of State with the application for
registration of | ||||||
2 | vehicles subject to registration under this Act.
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3 | (b) Any resident of this State, who has been serving as a | ||||||
4 | member of the
United States Armed Services outside of the State | ||||||
5 | of Illinois, need not
secure registration until 45 days after | ||||||
6 | returning to this
State, provided the vehicle displays | ||||||
7 | temporary military registration.
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8 | (c) When an application is submitted by mail, the applicant | ||||||
9 | may not
submit cash or postage stamps for payment of fees or | ||||||
10 | taxes due. The
Secretary in his discretion, may decline to | ||||||
11 | accept a personal or company
check or electronic payment in | ||||||
12 | payment of fees or taxes. An application submitted to a dealer, | ||||||
13 | or
a remittance made to the Secretary of State shall be deemed | ||||||
14 | in compliance
with this Section.
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15 | (Source: P.A. 85-1209.)
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16 | (625 ILCS 5/3-905) (from Ch. 95 1/2, par. 3-905)
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17 | Sec. 3-905. Bond; fee; duration of license. Such applicant | ||||||
18 | shall,
with
his application, deposit with the Secretary of | ||||||
19 | State a bond as hereinafter
provided, for each location at | ||||||
20 | which the applicant intends to act as a
remittance agent. The | ||||||
21 | application shall be accompanied by the payment of a
license | ||||||
22 | fee in the sum of $50.00 (or $25.00 if such application is | ||||||
23 | filed
after July 1) for each location at which he proposes to | ||||||
24 | act as a remittance
agent. If the applicant shall have complied | ||||||
25 | with all of the requirements of
this Section and the Secretary |
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1 | of State shall find after investigation that
the applicant is | ||||||
2 | financially sound and of good business integrity, he shall
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3 | issue the required license. Such license shall terminate on | ||||||
4 | December 31 of
the year for which it is issued, but upon | ||||||
5 | application prior to November 15
of any year for which a | ||||||
6 | license is in effect may be renewed for the next
succeeding | ||||||
7 | calendar year. Such application shall be accompanied by the
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8 | payment of an annual license fee of $50.00 for each location at | ||||||
9 | which the
applicant proposes to act as a remittance agent and | ||||||
10 | the posting of the bond
herein provided, for each such | ||||||
11 | location.
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12 | The bond required by this Section shall be for the term of | ||||||
13 | the
license, or renewal thereof, for which application is made, | ||||||
14 | and shall
run to the People of the State of Illinois, with | ||||||
15 | surety by a bonding or
insurance company authorized to do | ||||||
16 | business in this State, to be
approved by the Secretary of | ||||||
17 | State. It shall be conditioned upon the
proper transmittal of | ||||||
18 | all remittances by the applicant as a
remittance agent and the | ||||||
19 | performance of all undertakings in connection
therewith. It | ||||||
20 | shall be in the minimum sum of $10,000, or in an amount
equal | ||||||
21 | to the aggregate sum of money transmitted to the State by
the | ||||||
22 | applicant during the highest 15 day period in the fiscal
year
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23 | immediately preceding the one for which application is made | ||||||
24 | (rounded to
the nearest $1,000), whichever is the greater. | ||||||
25 | However, for the purpose
of determining the bond requirements | ||||||
26 | hereunder, remittances made by
applicants in the form of money |
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1 | orders , or checks , or electronic payments which are made | ||||||
2 | payable
directly to the Secretary of State or the Illinois | ||||||
3 | Department of
Revenue by the remitter, shall not be
considered | ||||||
4 | in the aggregate. The bond requirement of this
Section shall | ||||||
5 | not
apply to banks, savings and loan associations, and credit
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6 | unions chartered by the State
of Illinois or the United States; | ||||||
7 | provided that the banks, savings
and
loan associations, and | ||||||
8 | credit unions provide to the
Secretary of State an affidavit | ||||||
9 | stating that
the bank, savings and loan association, or credit | ||||||
10 | union is
sufficiently bonded to meet the
requirements as | ||||||
11 | required above. Such affidavit shall be signed by an officer
of | ||||||
12 | the bank, savings and loan association, or credit union and
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13 | shall be notarized.
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14 | (Source: P.A. 87-206; 88-470; 88-643, eff. 1-1-95.)
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15 | (625 ILCS 5/15-314) (from Ch. 95 1/2, par. 15-314)
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16 | Sec. 15-314. Payment of Fees. The Department shall | ||||||
17 | prescribe the time
and method of payment of all appropriate | ||||||
18 | fees authorized by Section 15-302
through 15-313.
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19 | The Department may, at its discretion, establish credit | ||||||
20 | accounts with billing
to be made at intervals not exceeding one | ||||||
21 | month.
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22 | Failure to pay invoices in full within a period of 30 days | ||||||
23 | after the billing
date shall be sufficient cause for the | ||||||
24 | Department to withhold issuance of
any further permits or | ||||||
25 | credit to the individual, company, or subsidiary firm.
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1 | The Department is authorized to charge a service fee of $3 | ||||||
2 | for a dishonored payment check
returned for any reason. All | ||||||
3 | money received by the
Department under the provisions of this | ||||||
4 | Section shall be deposited in
the Road Fund. No refund shall be | ||||||
5 | made to applicant following issuance
of a permit if move is not | ||||||
6 | completed.
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7 | (Source: P.A. 81-199.)
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