RETENTION OF BADGE/FIREARM

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois, Counties Code, Illinois Gambling Act, Unified Code of Corrections, and Probation and Probation Officers Act. Provides that programs shall be established for specified officers, investigators, agents, and employees who are retiring in good standing to purchase either one or both of the following: (1) any badge previously issued to the individual; or (2) if the individual has a currently valid Firearm Owner's Identification Card, the service firearm issued or previously issued to the individual. Provides that the cost of the firearm shall be the replacement value of the firearm and not the firearm's fair market value. Effective immediately.