SB3609 EnrolledLRB102 25403 RAM 34687 b

1    AN ACT concerning transportation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Vehicle Code is amended by
5changing Section 3-113 and by adding Section 3-806.10 as
6follows:
 
7    (625 ILCS 5/3-113)  (from Ch. 95 1/2, par. 3-113)
8    Sec. 3-113. Transfer to or from dealer; records.
9    (a) After a dealer buys a vehicle and holds it for resale,
10the dealer must procure the certificate of title from the
11owner or the lienholder. The dealer may hold the certificate
12until he or she transfers the vehicle to another person. Upon
13transferring the vehicle to another person, the dealer shall
14promptly and within 20 days execute the assignment and
15warranty of title by a dealer, showing the names and addresses
16of the transferee and of any lienholder holding a security
17interest created or reserved at the time of the resale, in the
18spaces provided therefor on the certificate or as the
19Secretary of State prescribes, and mail or deliver the
20certificate to the Secretary of State with the transferee's
21application for a new certificate, except as provided in
22Section 3-117.2. A dealer has complied with this Section if
23the date of the mailing of the certificate, as indicated by the

 

 

SB3609 Enrolled- 2 -LRB102 25403 RAM 34687 b

1postmark, is within 20 days of the date on which the vehicle
2was transferred to another person.
3    (b) The Secretary of State may decline to process any
4application for a transfer of an interest in a vehicle if any
5fees or taxes due under this Code from the transferor or the
6transferee have not been paid upon reasonable notice and
7demand.
8    (c) Any person who violates this Section shall be guilty
9of a petty offense.
10    (d) Beginning January 1, 2014 and continuing until 90 days
11after the effective date of this amendatory Act of the 102nd
12General Assembly, the Secretary of State is authorized to
13impose a delinquent vehicle dealer transfer fee of $20 if the
14certificate of title is received by the Secretary from the
15dealer 30 days but less than 60 days after the date of sale;
16however, if . If the certificate of title is received by the
17Secretary from the dealer 60 days but less than 90 days after
18the date of sale, the delinquent dealer transfer fee shall be
19$35. Beginning 90 days after the effective date of this
20amendatory Act of the 102nd General Assembly, the Secretary of
21State is authorized to impose a delinquent vehicle dealer
22transfer fee of $10 if the certificate of title is received by
23the Secretary from the dealer more than 45 days but less than
2460 days after the date of sale; however, if the certificate of
25title is received by the Secretary from the dealer 60 or more
26days but less than 90 days after the date of sale, the

 

 

SB3609 Enrolled- 3 -LRB102 25403 RAM 34687 b

1delinquent dealer transfer fee shall be $20. If the
2certificate of title is received by the Secretary from the
3dealer 90 or more days but less than 120 days after the date of
4sale, the delinquent vehicle dealer transfer fee shall be $65.
5If the certificate of title is received by the Secretary from
6the dealer 120 days or more after the date of the sale, the
7delinquent vehicle dealer transfer fee shall be $100. All
8monies collected under this subsection shall be deposited into
9the CDLIS/AAMVAnet/NMVTIS Trust Fund.
10    (e) Beginning January 1, 2022, the Secretary of State is
11authorized to issue a certificate of title in the name of the
12dealership to a licensed dealer under Chapter 5 for $20 if the
13surrendered certificate of title has no space to assign the
14certificate of title again.
15    (f) Any licensee under Chapter 5 who sells, transfers, or
16wholesales a vehicle out of State shall mail the certificate
17of title to the physical business address in the requisite
18jurisdiction in lieu of transferring title at the time of
19sale.
20(Source: P.A. 102-154, eff. 1-1-22.)
 
21    (625 ILCS 5/3-806.10 new)
22    Sec. 3-806.10. Vehicles manufactured in Illinois. Upon
23payment of the title fee for a first division passenger
24vehicle other than an autocycle, motor driven cycle, or
25pedalcycle or for a second division vehicle weighing 8,000

 

 

SB3609 Enrolled- 4 -LRB102 25403 RAM 34687 b

1pounds or less, the buyer or owner of the vehicle may apply for
2a rebate in the amount of $25 on a form prescribed by the
3Secretary of State if the vehicle is manufactured in this
4State and the application for title is made no more than one
5year after the month in which the vehicle was manufactured.
6Each qualifying vehicle shall be eligible for one rebate of
7$25 for the lifetime of the qualifying vehicle. The Secretary
8of State shall adopt administrative rules to administer this
9Section that include the information necessary for the rebate
10application.