Bill Title: Amends the Illinois Vehicle Code. Changes the fee schedule for new and used vehicle dealers that is charged for inclusion in the Dealer Recovery Trust Fund to a graduated payment schedule based on the number of cars sold in the previous year. Provides that the fees for renewal of license are (i) $150 for automobile dealers selling fewer than 200 automobiles per year, (ii) $300 for automobile dealers selling 200 or more automobiles but less than 300 automobiles per year, and (iii) $500 for automobile dealers selling 300 or more automobiles a year.

Spectrum: Slight Partisan Bill (Republican 11-5)

Status: (Passed) 2013-08-16 - Public Act . . . . . . . . . 98-0450 [HB2773 Detail]

Text: Latest bill text (Chaptered) [HTML]

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