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<xml>
<title>Illinois General Assembly - Bill Status for SB 1556         </title>
<shortdesc>VEH CD-MISCELLANEOUS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Bill Cunningham</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Marcus C. Evans, Jr.)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0450</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>625 ILCS 5/1-134.1</reference><aliasreference>from Ch. 95 1/2, par. 1-134.1</aliasreference><reference>625 ILCS 5/1-171.01a</reference><aliasreference></aliasreference><reference>625 ILCS 5/3-107</reference><aliasreference>from Ch. 95 1/2, par. 3-107</aliasreference><reference>625 ILCS 5/3-116</reference><aliasreference>from Ch. 95 1/2, par. 3-116</aliasreference><reference>625 ILCS 5/3-203</reference><aliasreference>from Ch. 95 1/2, par. 3-203</aliasreference><reference>625 ILCS 5/3-802</reference><aliasreference>from Ch. 95 1/2, par. 3-802</aliasreference><reference>625 ILCS 5/3-905</reference><aliasreference>from Ch. 95 1/2, par. 3-905</aliasreference><reference>625 ILCS 5/5-101</reference><aliasreference>from Ch. 95 1/2, par. 5-101</aliasreference><reference>625 ILCS 5/5-102</reference><aliasreference>from Ch. 95 1/2, par. 5-102</aliasreference><reference>625 ILCS 5/5-503</reference><aliasreference>from Ch. 95 1/2, par. 5-503</aliasreference><reference>625 ILCS 5/6-305</reference><aliasreference>from Ch. 95 1/2, par. 6-305</aliasreference><SynopsisText>Amends the Illinois Vehicle Code. Adds to the definition of "junk vehicle" and "remittance agent". Provides that a certificate of title issued by the Secretary of State shall contain the names and fax numbers or electronic addresses of any lienholders (rather than only the names of the lienholders) and the certificate's expiration date. Provides that an expiration date of 2 calendar years after the end of term of the lien shall be included in each certificate of title issued to a lienholder who has a perfected security interest. Provides that if a recorded lienholder does not reaffirm a lien and does not respond to a request to verify a lien release letter within 7 calendar days of receipt, the Secretary shall process an application for corrected title for the owner of a motor vehicle. Provides that the Secretary may issue a certificate of title to an out-of-state resident if the out-of-state resident is a bona fide purchaser of a vehicle or a manufactured home from a dealer licensed in this State and the licensed dealer is no longer operating as a licensed dealer and does not properly transfer the title application to the bona fide purchaser prior to the licensed dealer's business closure. Adds to the special license plates a person may reclassify without a replacement plate fee beginning with the 2019 (rather than 2018) registration year. Provides that the bond amount required to be deposited with the Secretary for each applicant who intends to act as a remittance agent shall be $20,000 (rather than $10,000). Provides that an application for a new vehicle dealer's license or a used vehicle dealer's license shall contain a bond or certificate of deposit in the amount of $50,000 (rather than $20,000). Creates provisions concerning rental-purchase agreement vehicle programs. Effective January 1, 2018.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>625 ILCS 5/3-203</reference><aliasreference></aliasreference><SynopsisText>Removes a provision providing that if a recorded lienholder does not reaffirm a lien by applying for a corrected certificate before the title's expiration date, the owner of a vehicle may submit an application for a corrected certificate of title with the Secretary of State and the Secretary shall process the application if the recorded lienholder does not respond to a request to verify a lien release letter within 7 calendar days of receipt of the letter.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<reftype>Adds reference to:</reftype><reference>625 ILCS 5/5-107</reference><aliasreference>from Ch. 95 1/2, par. 5-107</aliasreference><SynopsisText>Provides that a licensee that has faithfully and continuously complied with conditions of the bond requirement for new vehicle dealers and used vehicle dealers under the Illinois Vehicle Code for a period of 60 (rather than 36) consecutive months after the effective date of the bill shall be exempt from any further bond requirements under those provisions.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<SynopsisText>Removes the requirement that each certificate of title issued by the Secretary of State shall contain an expiration date of 2 calendar years after the end of the term of the lien.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Bill Cunningham</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/22/2017</statusdate><chamber>Senate</chamber><action>Assigned to Transportation</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Bill Cunningham</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/7/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Transportation</action>
<statusdate>3/8/2017</statusdate><chamber>Senate</chamber><action>Postponed - Transportation</action>
<statusdate>3/8/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Transportation</action>
<statusdate>3/14/2017</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Transportation;  011-000-000</action>
<statusdate>3/15/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 16, 2017</action>
<statusdate>3/27/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Bill Cunningham</action>
<statusdate>3/27/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/4/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Transportation</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Transportation;  015-000-000</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Cunningham</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 25, 2017</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-000</action>
<statusdate>4/26/2017</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/26/2017</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Marcus C. Evans, Jr.</action>
<statusdate>4/26/2017</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2017</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/3/2017</statusdate><chamber>House</chamber><action>Assigned to Transportation: Vehicles &amp; Safety Committee</action>
<statusdate>5/8/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Rep. Marcus C. Evans, Jr.</action>
<statusdate>5/8/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/9/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Rules Refers to Transportation: Vehicles &amp; Safety Committee</action>
<statusdate>5/10/2017</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Transportation: Vehicles &amp; Safety Committee;  by Voice Vote</action>
<statusdate>5/10/2017</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Transportation: Vehicles &amp; Safety Committee;  009-000-000</action>
<statusdate>5/10/2017</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/16/2017</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/16/2017</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/18/2017</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 108-000-000</action>
<statusdate>5/19/2017</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 1</action>
<statusdate>5/19/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 1 -  May 22, 2017</action>
<statusdate>5/22/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Bill Cunningham</action>
<statusdate>5/22/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Referred to Assignments</action>
<statusdate>5/22/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Assignments Referred to Transportation</action>
<statusdate>5/24/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Transportation;  016-000-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Senate Concurs 056-000-000</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Senate Concurs</action>
<statusdate>5/31/2017</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/29/2017</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2018</action>
<statusdate>8/25/2017</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0450</action>
</actions>
</xml>

