Wanna make some extra dough on the side? Illinois is deciding whether to allow advertising space on its state license plates. If approved, this would allow¬†corporate¬†sponsors to put their business logos on the plates, which would be offered to drives at a lower price. A vote last month decided that the secretary of state should look at the pros and cons of corporate plates. Sen. John Mulroe, D-Chicago believes corporate plates will be a great way to bring in money without raising taxes.
Corporate plates have already been approved in Texas, and produced by a firm called My Plates. Companies advertising through these plates include Re/Max real estate and Mighty Fine Burgers. 489 plates have been sold in¬†Texas¬†since Nov 2009 and $51,805 has already been raised for the state’s general¬†revenue¬†fund, according to a My Plates spokeswoman.
The corporate plates may not be approved in Illinois,¬†because¬†there are already 70 specialty plates available ranging from promoting¬†veterans¬†and colleges to nonprofit organizations.
[Source: Chicago Tribune]