Amends the State Finance Act. Excludes moneys received by the Department of Financial and Professional Regulation under the Illinois Credit Union Act from those moneys required to be deposited into the Financial Institution Fund. Makes certain provisions concerning transfers to the General Revenue Fund inapplicable to (i) any fund established under the Illinois Credit Union Act, the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, or the Savings Bank Act and (ii) the Professions Indirect Cost Fund. Limits transfers and expenditures from those funds to specified purposes. Prohibits the allocation or transfer of additional amounts generated by certain fee increases with respect to or from the Credit Union Fund. Amends the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, and the Savings Bank Act. With respect to the moneys in each of the Bank and Trust Company Fund, the Savings and Residential Finance Regulatory Fund, and the Credit Union Fund, (i) exempts those moneys from assignment or transfer except for unappropriated administrative expenses and (ii) provides that the moneys remain the property of and must be held in trust for the financial institutions from which they were collected. For FY08, requires the Commissioner of Banks and Real Estate (now, the Director of the Division of Banks and Real Estate) to adopt rules to adjust regulatory fee rates in the specified manner. Amends the Illinois Credit Union Act. Provides that the regulatory fee paid by a credit union to the Department of Financial and Professional Regulation shall be the lesser of (i) the rate pursuant to the regulatory fee schedule or (ii) a rate established in a manner proportionately consistent with the rates in the regulatory fee schedule and that would fund the actual administrative and operational expenses of the Credit Union Section. Increases rates in the regulatory fee schedule for credit unions with total assets over $5,000,000. Requires the Director of Financial and Professional Regulation to adjust the fee schedule for the next fiscal year. Provides that the fee schedule may be increased by no more than 5% annually if necessary to defray the actual (now, estimated) administrative and operational expenses of the Credit Union Section (now, the Department). Prohibits any increase in the fee schedule if the amount remaining in the Credit Union Fund at the end of the fiscal year is equal to or greater than 25% of the actual administrative and operational expenses for the preceding fiscal year. Requires the Director to base the regulatory fee for the next fiscal year on the credit union's total assets as of December 31 of the preceding calendar year. Beginning on July 1, 2005, requires a credit union to pay the regulatory fee in quarterly installments due and payable on the due date for the call report for the preceding quarter (now, a credit union is required to pay the regulatory fee in full no later than March 1 of each calendar year). Provides for a regulatory fee cap of $125,000 (now, $187,500). Effective immediately.
Sponsored bills
Amends the Criminal Code of 1961. Makes a technical change in a Section concerning the definition of "conviction".
Amends the Pharmacy Practice Act of 1987. Provides that a pharmacist licensed under the Act may, based on his or her personal, religious beliefs, refuse to fill a prescription for and to dispense emergency contraception.
Amends the Alcoholism and Other Drug Abuse and Dependency Act. Provides that the Department of Human Services shall conduct a best practices study for the treatment of methamphetamine addicts. Provides that the Department shall file a report of its findings with the General Assembly by January 1, 2006 and shall disseminate the report to the public by January 1, 2006 so that the public and treatment providers are informed about how to recognize methamphetamine addiction and how to treat the addiction. Effective July 1, 2005.
Amends the Illinois Finance Authority Act. Expands the fire truck revolving loan program to include EMS service vehicles. Amends the State Finance Act to make conforming changes.
Urges the Governor to suspend the emergency rule filed April 1, 2005, requiring pharmacies that sell contraceptives to fill prescriptions for birth control without delay.
Amends the Developmental Disability and Mental Disability Services Act. Subject to appropriation, requires the Department of Human Services to create a pilot program to provide community-based residential services to individuals with severe autism who are 21 years of age or older. Requires the Department to contract with one service provider to provide alternate residential services to persons with severe autism who would otherwise be served in an institutional setting. Sets forth the Department's responsibilities concerning screening, training and supports, and vocational agricultural opportunities. Effective immediately.
Appropriates $500,000 for FY06 from the General Revenue Fund to the Department of Human Services to conduct a best practices study for the treatment of methamphetamine users and addicts and to prepare a report of the Departments findings for the General Assembly and the public. Effective July 1, 2005.
Amends the Illinois Insurance Code. Prohibits an insurance company offering life insurance from refusing to issue or renew a life insurance policy on the basis of the applicant or insured having voluntarily admitted himself or herself into a drug or alcohol rehabilitation program during the time the person is in the program and for 5 years after the person is discharged or checks out of the program. Effective immediately.
Amends the Illinois Income Tax Act. Provides that, for tax years ending after December 31, 2005, the amount of the income tax credit for residential real property taxes is: (1) 5% of real property taxes paid by the taxpayer to a taxing body other than a school district during the tax year; plus (2) for taxable year 2006, 5% of the real property taxes paid by the taxpayer to a school district during the tax year and to be increased by 5% increments each year thereafter until the credit equals 100% of the real property taxes paid by the taxpayer to a school district during the tax year. Exempts the credit from the Act's sunset provisions. Effective immediately.