VEH CD-TEAMSTERS PLATES

Amends the Illinois Vehicle Code and the State Finance Act. Creates the International Brotherhood of Teamsters Fund as a special fund in the State treasury. Provides for the issuance of International Brotherhood of Teamsters license plates. Provides that in addition to the appropriate registration fees, an applicant for the special plate shall be charged a fee of $40 at original issuance and $27 at renewal. Provides that $25 of the additional original issuance fee and the renewal fee shall be deposited into the International Brotherhood of Teamsters Fund. Provides that $15 of the original issuance fee and $2 of the renewal fee shall be deposited into the Secretary of State Special License Plate Fund. Provides that, subject to appropriation by the General Assembly and approval by the Secretary of State, the moneys in the International Brotherhood of Teamsters Fund shall be paid as grants to the Teamsters Joint Council 25 Charitable Trust, an independent organization established and registered as a tax exempt entity under Section 501(c)(3) of the Internal Revenue Code.