92nd General Assembly
Status of HB0470
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 Full Text  Bill Summary

   625 ILCS 5/3-821          from Ch. 95 1/2, par. 3-821                       
   625 ILCS 5/5-102          from Ch. 95 1/2, par. 5-102                       

        Amends the Illinois Vehicle Code.  Provides that no fee shall  be      
   paid  by  a  not-for-profit  organization  that is exempt from federal      
   income taxation under Section 501(c)(3) of the Internal  Revenue  Code      
   for a certificate of title for a used vehicle that has been donated to      
   the  organization. Provides that a federally tax-exempt not-for-profit      
   organization that sells or  consigns  used  vehicles  that  have  been      
   donated  to  the organization is not subject to the requirement that a      
   person be licensed as a new or used vehicle dealer in order to  engage      
   in  the  business of selling or consigning 5 or more used vehicles per      
   year. Effective immediately.                                                
          FISCAL NOTE (Office of the Secretary of State)                       
          The annual fiscal impact of this legislation is $52,000.             
   JAN-30-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2001  H       ASSIGNED TO COMMITTEE               TRANSPORAT'N          
   FEB-15-2001  H                         FISCAL NOTE FILED                       
   FEB-15-2001  H                   COMMITTEE               TRANSPORAT'N          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary