House Sponsors: BRUNSVOLD. Short description: VEH CD-REPLACE REGIST PLATES Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status