VEH CD-USED DEALER EDUCATION

Amends the Illinois Vehicle Code. Establishes a prelicensing education program for used vehicle dealers. Requires at least one person who is associated with a used vehicle dealer to complete a minimum of 8 hours of prelicensing education program courses prior to the dealership applying for a license with the Secretary of State. Provides that the Illinois Independent Automobile Dealers Association, in consultation with the Secretary of State, the Department of Transportation, the State Board of Education, and the Attorney General, shall develop the prelicensing course curricula for the used vehicle dealer education program, which shall include, but not be limited to, examination of federal and State laws applicable to the motor vehicle industry and federal and State regulations pertaining to used vehicle dealers. Provides that the education program courses shall be provided by the Illinois Independent Automobile Dealers Association in conjunction with a community college. Requires the community college providing used vehicle dealer education program courses to report on the program annually, by December 31, to the Secretary of State, the Secretary of Transportation, the State Superintendent of Education, and the Attorney General. Makes exemptions to the education requirements. Provides that the State Board of Education shall adopt rules establishing reasonable fees to be charged for the prelicensing education courses and to be deposited into the Used Vehicle Dealer Education Fund for use for expenses related to the development and continuation of the prelicensing education courses. Amends the State Finance Act to create the Used Vehicle Dealer Education Fund. Effective January 1, 2009.