BRUNSVOLD. 30 ILCS 105/5.490 new 625 ILCS 5/2-119 from Ch. 95 1/2, par. 2-119 625 ILCS 5/3-412 from Ch. 95 1/2, par. 3-412 625 ILCS 5/3-806 from Ch. 95 1/2, par. 3-806 Amends the Illinois Vehicle Code. Provides that $2 of each vehicle registration fee shall be deposited into the Secretary of State Registration Plate Replacement Fund to be used for the plate manufacturing and processing costs for multi-year registrations. Provides that the Secretary of State shall, beginning in 2000, replace multi-year registration plates and, after completion of the replacement process, replace multi-year registration plates every 5 years. Provides that if at any time the moneys in the Secretary of State Registration Plate Replacement Fund exceed $50,000,000, all moneys in excess of $50,000,000 shall be transferred and deposited into the Road Fund. Provides that the annual registration fee for automobiles is $50 (instead of $48). Amends the State Finance Act to create the Secretary of State Registration Plate Replacement Fund. Effective immediately. FISCAL NOTE (Secretary of State) Replating costs on a continuous 5-year cycle are estimated at $52 million; fees would generate an additional $70 million. 99-02-17 H FIRST READING 99-02-17 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-18 H ASSIGNED TO COMMITTEE CONST OFFICER 99-02-26 H FISCAL NOTE FILED 99-02-26 H COMMITTEE CONST OFFICER 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary