Amends the Medical Assistance Article of the Illinois Public Aid Code. Requires the Department of Healthcare and Family Services, beginning January 1, 2027, to recompute the STAR rating of nursing facilities who had their antipsychotic medication quality measure score suppressed and their STAR rating set to one due to audit action by the federal Centers for Medicare and Medicaid Services. Requires quality payments to such nursing facilities to be made based on the recomputed score. Provides that in order to facilitate the recomputation, nursing facilities may provide the Department with documentation regarding the status of the suppression of the score and STAR rating as well as the quarterly report issued by the federal Centers for Medicare and Medicaid Services that lists the long-stay rating points for the quarter.
Makes appropriations for the ordinary and contingent expenses of the Northern Illinois University for the fiscal year beginning July 1, 2026, as follows: General Funds $104,676,300; Other State Funds $22,000; Total $104,698,300.
Makes appropriations for the ordinary and contingent expenses of the Illinois Workers' Compensation Commission for the fiscal year beginning July 1, 2026, as follows: Other State Funds $32,734,700.
Appropriates $250,000 to the Department of Transportation for expenses relating to the operations of the Ste. Genevieve – Modoc River Ferry. Effective July 1, 2026.
Amends the Hotel Operators' Occupation Tax Act. Imposes a tax upon hosting platforms that facilitate the renting, leasing, or letting of short-term rentals. Provides that the tax is imposed at the rate of 4% of 94% of the gross rental receipts received by the platform from the renting, leasing, or letting of short-term rentals in this State. Provides that the proceeds from the tax shall be deposited into the Community Land Trust Fund. Amends the State Finance Act to create the Community Land Trust Fund. Amends the Property Tax Code. Provides that property that is owned by a non-profit community land trust and that is used exclusively for the creation and maintenance of permanently affordable single-family or multifamily residences is exempt beginning with the taxable year in which the property is acquired by the community land trust and continuing through the taxable year in which the property is sold to a homeowner. Effective immediately.
Amends the Live Theater Production Tax Credit Act. Provides that a pre-Broadway production must have a presentation scheduled for Broadway's Theater District in New York City no later than 18 months after its Illinois presentation (currently, must have a goal of having a presentation scheduled for Broadway's Theater District in New York City after its Illinois presentation). Provides that, if, in any State fiscal year, less than $2,000,000 in credits are awarded for long-run productions and pre-Broadway productions under the Act, then the difference between $2,000,000 and the amount of credits awarded for long-run productions and pre-Broadway productions in that fiscal year may be added to the $2,000,000 in credits allowed to be awarded for commercial Broadway touring shows in that State fiscal year. Amends the Illinois Income Tax Act. Extends the sunset of the live theater production credit until January 1, 2039 (currently, January 1, 2027). Effective immediately.
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall establish a Small Business Grant Program to provide grants to eligible small businesses.
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Small Business
Makes appropriations for the ordinary and contingent expenses of the Commission on Equity and Inclusion for the fiscal year beginning July 1, 2026, as follows: General Funds $5,596,500.
HB 5504 appropriates $6 million from the General Revenue Fund to the Illinois Department of Agriculture for tax credits targeted at property owners. The bill establishes a funding mechanism to provide tax credits to individuals or entities that own agricultural assets, though it does not specify eligibility criteria for these credits. The funds become available for use starting July 1, 2026. This is a straightforward budget allocation with no additional regulatory requirements or new program mandates.
Makes appropriations for the ordinary and contingent expenses of the Southern Illinois University for the fiscal year beginning July 1, 2026, as follows: General Funds $234,246,700; Other State Funds $1,266,000; Total $235,512,700.