Budget & Taxes (Procurement)

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois. Provides that the exemption is repealed on June 30, 2031 (currently, June 30, 2016). Effective immediately.

Amends the Cannabis Regulation and Tax Act. Requires waiver of 50% of any nonrefundable license application fees, any nonrefundable fees associated with purchasing a license to operate a cannabis business establishment, and any surety bond or other financial requirements for a Social Equity Applicant who promises to open and operate the business in a Disproportionately Impacted Area and who promises to hire and employ at least 40% of all employees and contracted labor from persons residing in or headquartered in the Disproportionately Impacted Area where the business will be located. Provides that a breach of a promise by an applicant under those provisions shall constitute a violation of the Act. Provides that fee waivers or other requirement waivers under 2 different specified provisions relating to Social Equity Applicants may not be cumulative, and an applicant who qualifies under both may only choose one.

Amends the School Code. Prohibits the State Board of Education from developing, purchasing, or requiring a school district to administer, develop, or purchase a standardized assessment for students enrolled or preparing to enroll in prekindergarten through grade 12 (rather than grade 2), other than for diagnostic purposes. Prohibits the State Board of Education from providing funding for any standardized assessment of students enrolled or preparing to enroll in prekindergarten through grade 12 (rather than grade 2). Makes related changes. Effective immediately.

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois. Provides that the exemption sunsets on June 30, 2030 (currently, June 30, 2016). Effective immediately.