Senate Sponsors: PHILIP. House Sponsors: MITCHELL,JERRY-BOST-CROSS-HARTKE-FOWLER Short description: VEH CD-MARINE CORPS PLATES Synopsis of Bill as introduced: Amends the Illinois Vehicle Code and the State Finance Act. Provides for the issuance of U.S. Marine Corps license plates to Illinois residents who meet eligibility requirements to be prescribed by the Secretary of State. Provides that an applicant shall be charged an additional fee of $20 at original issuance and renewal. Provides that $15 of the original issuance fee and $2 of the renewal fee shall be deposited into the Secretary of State Special License Plate Fund. Provides that $5 of the original issuance fee and $18 of the renewal fee shall be deposited into the Marine Corps Scholarship Fund. Creates the Marine Corps Scholarship Fund as a special fund in the State treasury. Provides that all moneys in the Fund shall, subject to appropriation, be used for grants for scholarships for Illinois residents who are children of members of the United States Marine Corps and are financially unable to attend college or university. Provides that all grants must be used at a college or university in Illinois. SENATE AMENDMENT NO. 1. Deletes language concerning the use of moneys in the Marine Corps Scholarship Fund and reinserts that language with changes. Provides that all moneys in the Fund shall be used by the Marine Corps Scholar- ship Foundation, Inc., to provide grants for scholarships for higher education to children of current or former Marines who meet require- ments established by the foundation and who are Illinois residents or are pursuing higher education at institutions within the State of Illinois. Provides that the State Treasurer shall require the Marine Corps Scholarship Foundation to establish a special account for the proceeds of the fund, which is subject to periodic audit and which shall receive transfers of proceeds on a quarterly basis. SENATE AMENDMENT NO. 2. Deletes language concerning the use of moneys in the Marine Corps Scholarship Fund and reinserts that language with changes. Provides that each scholarship recipient must be an Illinois resident and must attend a college or university located within the State of Illinois. Provides that use of the funds is subject to appropriation by the General Assembly and the approval of the Secretary of State. Last action on Bill: PUBLIC ACT.............................. 92-0467 Last action date: AUG-22-2001 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 2 END OF INQUIRY Full Text Bill Status