Amends the Illinois Estate and Generation-Skipping Transfer Tax Act. Provides that, for persons dying on or after January 1, 2025, the exclusion amount shall be the applicable exclusion amount calculated under Section 2010 of the Internal Revenue Code as that Section exists on the effective date of the amendatory Act, including the inflation adjustment and including any deceased spousal unused exclusion amount (currently, the exclusion amount for Illinois estate tax purposes is $4,000,000). Effective immediately.
Sponsored bills
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.
Creates the School District Impact Note Act. Requires the State Board of Education to prepare a School District Impact Note for every bill or amendment to a bill that direct appropriation, regulates, imposes a mandate upon, or otherwise affects the provision of public education. Specifies the contents of the note and the circumstances under which the note is to be prepared. Clarifies that the preparation of the note does not preclude any State officials or employees from participating in legislative hearings concerning the bill. Provides that the subject matter of bills submitted to the State Board of Education shall be kept in strict confidence, and no information relating to the bill or its anticipated impact on education in the State shall be divulged, before the bill's introduction in the General Assembly, by any State official or employee of the State Board, except to the bill's sponsor or his or her designee. Effective immediately.
Amends the Firearm Owners Identification Card Act. Provides that the expiration date of a Firearm Owner's Identification Card issued on or after the effective date of the amendatory Act must be boldly and conspicuously displayed on the face of the card. Provides that the expiration date of a combined Firearm Owner's Identification Card and concealed carry license issued on or after the effective date of the amendatory Act must be boldly and conspicuously displayed on the face of the card and must clearly identify the expiration date of the person's Firearm Owner's Identification Card and the expiration date of the person's concealed carry license.
Amends the Freedom of Information Act. Provides that proposals or bids submitted by engineering consultants in response to requests for proposal or other competitive bidding requests by the Department of Transportation or the Illinois Toll Highway Authority are exempt from disclosure under the Act.
Amends the Water Commission Act of 1985. Makes a technical change in a Section concerning the short title.
Amends the Illinois Municipal Code. Provides that the corporate authorities of a municipality may license and regulate all commercial operations within the municipality's boundaries, whether for profit or not for profit, but may not impose any tax upon its operations except as otherwise authorized by law.
Amends the State Finance Act. Provides that, beginning fiscal year 2024, no road fund money shall be appropriated to the Illinois State Police, except money appropriated each fiscal year to implement and fulfill the requirements of the Motor Carrier Safety Assistance Program, not to exceed the annual allocation plus 25% from the Federal Motor Carrier Safety Administration. Amends the Illinois Hazardous Materials Transportation Act to provide that the Illinois State Police (instead of the Department of Transportation) shall administer the Act. Amends the Illinois Motor Carrier Safety Law of the Illinois Vehicle Code. Provides that the Illinois State Police (instead of the Department of Transportation in conjunction with the Illinois State Police) shall administer the Law. Effective July 1, 2024.
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
Amends the Property Tax Code. Provides that provisions concerning delinquencies by lessees of property owned by a taxing district apply in all counties with a population of fewer than 3,000,000 inhabitants (currently, counties with more than 800,000 but less than 1,000,000 inhabitants). Provides that those provisions apply if the taxes remain unpaid 60 days after the final (currently, second) installment due date. Effective immediately.