Amends the Illinois Trust and Payable on Death Account Act. Provides that a charitable organization, a corporation, a partnership, a joint venture, a trust, an estate, or an unincorporated association may be the beneficiary of a trust or a designated owner of a payable on death account. Effective immediately.
Amends the Public Utilities Act. Adds a caption to a Section concerning audits of public utilities.
Appropriates $15,000,000, from the Tobacco Settlement Recovery Fund to the Department of Labor for retiree benefits under the Secured Health Care Assistance Retiree Exemption Act. Effective July 1, 2003.
Amends the Illinois Income Tax Act to create the Common School Fund checkoff. Provides that the Department of Revenue shall print on its standard individual income tax form a provision indicating that if the taxpayer wishes to contribute to the Common School Fund, he or she may do so by stating the amount of the contribution on the return and that the contribution will reduce the taxpayer's refund or increase the amount of payment to accompany the return. Effective immediately.
Amends the Motor Vehicle Franchise Act. Makes a stylistic change in provisions concerning warranty agreements.
Amends the Illinois Municipal Code. Authorizes a municipality carrying out a business district development or redevelopment plan to impose a tax on the retail sale of tangible personal property and the sale or charge for a sleeping room, not to exceed 1% of the selling price of the tangible personal property or the charge for the sleeping room and only to be imposed in 0.25% increments. Requires a municipality imposing these taxes to follow certain additional procedures in applying for designation as a business district and approval of a business district development or redevelopment plan. Requires that the revenue generated by the tax be deposited into the municipality's Business District Tax Allocation Fund. Authorizes a municipality to issue obligations in one or more series bearing interest at rates determined by the corporate authorities of the municipality by ordinance and secured by the Business District Tax Allocation Fund. Requires the ordinance (i) to pledge any amounts in and to be deposited into the Business District Tax Allocation Fund for the payment of business district costs and obligations and (ii) to contain certain recitals. Authorizes the public or private sale of the obligations and the issuance of obligations to refund previously issued obligations. Upon payment of all business district costs, requires all surplus funds to be deposited into the general corporate fund. Requires the corporate authorities of the municipality to adopt an ordinance immediately rescinding the tax when all business district costs and obligations have been paid. Effective immediately.
Amends the Sex Offender and Child Murderer Community Notification Law. Provides that a manager of a condominium or of an apartment building shall post in a conspicuous place in the common areas of the condominium or apartment building a notice as to how a unit owner or renter can obtain information about persons who are registered as sex offenders under the Sex Offender Registration Act, including how to access information maintained in the Statewide Sex Offender Database that is posted on the Department of State Police Web site. Effective immediately.
Amends the Department of Veterans Affairs Act. Requires the Department to reimburse veterans service organizations for services provided by veterans service officers in processing and adjudicating claims and other benefits for veterans and their spouses or other beneficiaries residing in Illinois. Requires reimbursement at the rate of $0.005 for each dollar of benefits obtained for veterans or their spouses or other beneficiaries. Effective immediately.
Amends the Public Utilities Act. Adds a caption to a Section concerning the definition of "telecommunications carrier".
Amends the Public Utilities Act. Adds a caption and makes technical changes to the short title Section of the Telecommunications Article.
