MUNI/COUNTIES CD-TAX SHARING

Amends the Freedom of Information Act. Provides that tax revenue sharing agreements and reports are public records. Amends the Retailers' Occupation Tax Act. Requires that retailers file with the Department of Revenue a return stating the amount of any retailers' occupation tax share, rebate, or refund anticipated to be received pursuant to any tax revenue sharing agreement, the governmental entity from which the rebate or refund is anticipated, whether the tax revenue sharing agreement is directly with the governmental entity or with an intermediary, and, if applicable, the identity of the intermediary through which any tax revenue sharing agreement will be administered. Amends the Counties Code and the Illinois Municipal Code. Provides that a county or municipality, as applicable, may enter into a tax revenue sharing agreement. Defines "tax revenue sharing agreement". Sets forth requirements concerning reports. Limits home rule powers. Amends the State Mandates Act to require implementation without reimbursement.