625 ILCS 5/3-629
2021 Illinois Compiled Statutes|Chapter 625 - VEHICLES|625 ILCS 5/ - Illinois Vehicle Code.|Chapter 3 - Certificates Of Title And Registration Of Vehicles

Sec. 3-629. Collegiate license plates; scholarship fund.(a) In addition to any other special license plate,  the Secretary, upon receipt of all  applicable fees and applications made in the form prescribed by the  Secretary of State, may issue collegiate license plates.  The collegiate plates issued under this  Section shall be affixed only to passenger vehicles of the first division and  motor vehicles of the second division weighing not more than 8,000 pounds and  subject to the  staggered registration system.  Plates issued under this Section shall  expire according to the staggered  multi-year procedure established under Section 3-414.1 of this Code.(b) The design, color, and format of the plates shall be wholly  within the discretion of the Secretary of State.  The Secretary of State may,  at his or her discretion, issue the plates for any public college or university located in this State or for any degree-granting,  not-for-profit private college or university located in this State or a contiguous state. If the college or university is located in a contiguous state, there must be not less than 10,000 alumni of the college or university residing in this State. The  Secretary may, in his or her discretion, allow the plates to be issued as  vanity plates or personalized in accordance with Section 3-405.1 of this Code.  The plates are not required to designate "Land Of Lincoln", as prescribed in  subsection (b) of Section  3-412 of this Code.  The Secretary shall prescribe the eligibility  requirements including a minimum level of specialized license plates requests  and, in his or her discretion, shall approve and prescribe stickers  or decals as provided under Section 3-412.(c) An applicant shall be charged a $40 fee for original issuance  in addition to the applicable registration fee.  Of the original issuance fee  in the case of a public university or college, $25 shall be deposited into the  State College and University Trust Fund and $15 shall be  deposited into the Secretary of State Special License Plate Fund to be used by  the Secretary of State, subject to  appropriation, to help defray the administrative costs of issuing the plate.  Of the original issuance fee in the case of a degree-granting, not-for-profit  private college or university,  $25 shall be deposited into the University Grant Fund and $15 shall be  deposited into the Secretary of State Special License Plate Fund to be used by  the Secretary of State, subject to appropriation, to help defray the  administrative cost of issuing the plate.  In addition to the regular  renewal fee, an applicant shall be charged $27 for the renewal of each set of  license plates issued under this Section; $25 shall be deposited into the  State College and University Trust Fund in the case of a public university or  college or into the  University Grant Fund in the case of a degree-granting, not-for-profit private  college or university, and $2  shall be deposited into the Secretary of  State Special License Plate Fund plates for all collegiate plates.(d) The State College and University Trust Fund is created as a special fund  in the State treasury.   The State Treasurer shall create separate accounts within the State College  and University  Trust Fund for each public university or college for which collegiate license  plates have  been issued.  Moneys in the State College and University Trust Fund shall be  allocated to  each account in proportion to the number of plates sold in regard to each  public  university or college.  Moneys deposited into the State  College and University Trust Fund  during the preceding calendar year  shall be distributed, subject to appropriation, to each participating  public  university or college.  This revenue shall be  used for the sole purpose of  scholarship grant awards to Illinois residents.(e) The University Grant Fund is created as a special fund in the State  treasury.  The State Treasurer shall create separate accounts within the University  Grant Fund for each university or college for which collegiate license  plates have  been issued.  Moneys in the University Grant Fund shall be  allocated to  each account in proportion to the number of plates sold in regard to each  university or college.  Moneys deposited into these accounts  during the preceding calendar year  shall, subject to appropriation, be distributed through the Illinois Student Assistance Commission  to participating private colleges and universities. This revenue shall be used for the sole purpose of scholarship grant awards to Illinois residents.       (Source: P.A. 95-444, eff. 8-27-07.)