Sec. 18c-1601. Deposit of Monies into the Transportation Regulatory Fund.

208 words·~1 min read·/il/chapter-625/act-5/18c-1601

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Deposit of Fees, Taxes, and Monies Other Than Criminal Fines. All fees, penalties (other than criminal penalties) or monies collected in settlement of enforcement proceedings, taxes, and other monies collected under this Chapter or which are transferred, appropriated or reimbursed to the Commission for the purpose of administering and enforcing this Chapter, shall be promptly paid into a special fund in the State treasury known as the Transportation Regulatory Fund.

(2)Accounting for Monies Received. The Commission shall account separately for the receipt of monies from the following classes:

(a)motor carriers of property (other than carriers engaged in nonrelocation towing);

(b)rail carriers; and

(c)other monies.

The Commission may account separately with regard to groups of persons within the foregoing classes.

(3)Deposit of criminal fines. Criminal fines collected under this Chapter from motor carriers of property or persons or entities found to have aided or abetted motor carriers of property or passengers in violation of this Chapter shall be disposed of in accordance with Section 16-105 of this Code. Other criminal fines collected under this Chapter shall be deposited into the Transportation Regulatory Fund in accordance with subsection

(1)of this Section.

(4)(Blank).