HB 341

Abstract

Amends the Illinois Vehicle Code and the State Finance Act. Creates the Submarine Veterans Fund as a special fund in the State treasury. Provides for the issuance of Submarine Veterans of the United States license plates to qualified applicants. Provides that in addition to the appropriate registration fees, an applicant for the special plate shall be charged a fee of $25 at original issuance and for each renewal. Provides that $10 of the additional original issuance fee and $23 of the renewal fee shall be deposited into the Submarine Veterans Fund. 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, subject to appropriation by the General Assembly and approval by the Secretary of State, the moneys in the Submarine Veterans Fund shall be paid as grants to the United States Submarine Veterans Inc.