SB 1843

Abstract

Amends the State Finance Act. Creates the Benevolent and Protective Order of Elks Scholarship Fund as a special fund in the State treasury. Amends the Illinois Vehicle Code to provide for the issuance of Benevolent and Protective Order of Elks plates. Provides that the applicant shall pay an additional fee of $25 for original issuance of the plates, of which $10 shall be deposited into the Benevolent and Protective Order of Elks Scholarship Fund and $15 shall be deposited into the Secretary of State Special License Plate Fund. Provides that an additional fee of $25 shall be charged for each renewal, of which $23 shall be deposited into the Benevolent and Protective Order of Elks Scholarship Fund and $2 shall be deposited into the Secretary of State Special License Plate Fund. Provides that money in the Benevolent and Protective Order of Elks Scholarship Fund shall be paid as grants for scholarships for higher education. Provides that the scholarship recipients must be the children of current or former members of the Benevolent and Protective Order of Elks who meet the academic, financial, and other requirements established by the Benevolent and Protective Order of Elks. Requires that the recipients of the scholarship be residents of this State and attend a college or university located within this State.