A. Except as provided in subsections B and C of this section, the rate of the tax imposed by this chapter shall be as follows:
Number of Years Transpired After Model Year of Motor Vehicle | Applicable Tax |
3 or less | $80.00 |
4 through 8 | $65.00 |
9 through 14 | $50.00 |
15 or more | $0.00 (no tax) |
B. Unless no tax applies because of the age of the vehicle as provided in subsection (A), the rate of the tax shall be $15.00 for each motor vehicle acquired under the following circumstances:
(1) The transferee or purchaser is the spouse, mother, father, brother, sister or child of the transferor and proof of family relationship is established;
(2) The transfer is a gift to a beneficiary in the administration of an estate and the beneficiary is not a surviving spouse;
(3) The motor vehicle has once been taxed pursuant to the Illinois Retailers’ Occupation Tax Act, 35 ILCS 120/1, et seq., as amended, or the Illinois Use Tax Act or any other state retailers’ occupation tax, sales tax or use tax and the motor vehicle is transferred in connection with the organization, reorganization, dissolution or partial liquidation of an incorporated or unincorporated business provided that the beneficial ownership is not changed.
C. The rate of the tax shall be $15.00 for each motorcycle, motor-driven cycle or motorized pedacycle that is acquired.
(Added Coun. J. 11-10-94, p. 59125, § 3.1, effective 7-1-95; Amend Coun. J. 5-6-15, p. 107645, § 1; Amend Coun. J. 11-14-18, p. 90376, Art. VI, § 1)