Bill > SB4073

This bill amends the Illinois Vehicle Code to clarify that a $15 tax, which is imposed on the privilege of using a motor vehicle acquired by gift, transfer, or purchase, now explicitly includes transfers to or from stepparents, grandparents, stepgrandparents, stepsiblings, stepchildren, and stepgrandchildren, in addition to existing family relationships like spouse, parent, sibling, and child. This tax is a specific fee applied to certain vehicle transfers, distinct from other sales or use taxes, and this change expands the list of family members who qualify for this reduced $15 tax rate when receiving a vehicle as a gift or through a transfer.