Rep. Dan Reitz

Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the short title.

Amends the Local Government Debt Reform Act. In a Section concerning definitions, provides that public corporations are included within the definition of "governmental unit", and deletes provisions that a bureau, board, commission, university, or similar agency of the State is a "governmental unit". Provides that the proceeds of bonds may be used to provide for the payment of interest upon such bonds for a period not to exceed the greater of 3 years (now, 2 years) or a period ending 6 months after the estimated date of completion of the acquisition and construction of the project or accomplishment of the purpose for which such bonds are issued. Provides that bonds must become due within 30 years (now, 40 years unless limited by law). Provides that a refunding bond issue may authorize the use of the proceeds to pay interest on the refunding bond issue during the period of time from delivery of the issue to the redemption date of the bonds being refunded. Provides that bonds that have been wholly refunded or provided for with qualifying securities shall not be included as debt for the purposes of any calculation or limitation. In a Section concerning referenda for bonds, provides that no action may be brought by any person in any court or other tribunal seeking in any way to challenge or contest the validity of an election outcome based upon the wording set forth in any election notice or the ballot after a period of 30 days after the canvass of such election. In a Section concerning lease and installment contracts, provides that certificates evidencing the indebtedness incurred under a lease or agreement may be refunded under certain provisions of the Act. In a Section concerning bond authorization by referendum, provides that bond approval subject to a backdoor referendum expires after 5 years (now, 3 years). Effective immediately.

Amends the Illinois Procurement Code. Makes a technical change in a Section concerning insider information.

Amends the Property Tax Code. In a Section concerning the issuance of tax deeds, provides that the standard for strict compliance with certain provisions does not apply to: (i) certain actions concerning notice required to be performed by the Clerk of the Circuit Court or by the sheriff, coroner, or special process server; or (ii) any minor error or imperfection of the purchaser or his or her assignee unless the court finds that the property would have been redeemed but for the error or imperfection. Effective immediately.

Creates the Right to Do Business Act. Contains only a short title provision.

Amends the Mental Health and Developmental Disabilities Code. Makes a technical change in a Section concerning refusal of services and informing of risks.

Amends the Firearm Owners Identification Card Act. Provides that a person who transfers or causes to be transferred a firearm within the State must keep a record of the transfer for a period of 5 (rather than 10) years from the date of the transfer. Effective immediately.

Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act. Makes a technical change in a Section concerning the short title.

Amends the Grain Code. Notwithstanding anything to the contrary, permits a trustee to use moneys in the trust account or any subaccount to preserve the assets of a failed licensee.

Amends the Code of Civil Procedure. Provides that any interest earned on the principal deposited with the court shall be paid into the county general fund as an earning of the clerk of the court (instead of the court directing the disposition of interest accrued to the parties as it deems appropriate). Effective immediately.