Amends the Illinois Housing Development Act by providing that the Illinois Housing Development Authority is authorized to provide advisory, consultative training, and educational services to nonprofit corporations, housing corporations, and limited-profit entities to assist them in acquiring housing or financial expertise. Effective immediately.
Amends the State Employee Article of the Illinois Pension Code. Provides that an employee who was employed on a full-time basis at any time between January 1, 1970 and December 31, 1980 by a regional commission funded by the Illinois Law Enforcement Commission under an LEAA-ILEC grant project may establish creditable service for that employment. Requires an applicant to pay employee contributions plus interest. Effective immediately.
Amends the Chicago Police Article of the Illinois Pension Code. Provides a compounded 3% annual increase in surviving spouse annuities. Amends the State Mandates Act to require implementation without reimbursement. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Amends the Mobile Home Park Act. Makes a technical change in a Section defining "permanent habitation".
Amends the Property Tax Code. Provides that, notwithstanding any other provision of the Code, if a school district adopts, in a fiscal year, an additional or supplemental budget as a result of the voters in the school district having voted in favor of an increase in the annual tax rate for educational or operations and maintenance purposes or both at an election held after the adoption of the annual school budget adopted in that fiscal year, the county clerk shall include, in the extension of taxes made during that fiscal year, the extension of taxes for the supplemental or additional budget adopted by the school district.
Amends the Illinois Highway Code and the Toll Highway Act. Abolishes the Illinois State Toll Highway Authority on January 1, 2004. Provides that at that time, all duties, obligations, property, assets, and powers, including the power to issue bonds, shall be transferred to the Illinois Department of Transportation. Provides that the Department shall take over the management and operation of the existing toll highways in the State. Provides that all employees of the Authority on December 31, 2003 shall become employees of the Department, subject to layoff or reorganization by the Department. Provides for distribution of the assets of the Authority's employee pension plan. Provides that on and after January 1, 2004, the committee that advises the Authority on the toll highway system shall advise the Department instead. Requires the advisory committee to provide recommendations to the Department regarding the existing toll highways becoming freeways by January 1, 2015 or sooner. Effective immediately.
Amends the Illinois Pension Code. Allows transfer of law enforcement service credits from a downstate police pension fund to the Chicago police pension fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Amends the Chicago Police Article of the Illinois Pension Code. Provides that the occupational disease disability benefit shall be equal to 65% of the current salary attached from time to time to the rank held by the police officer at the time of his or her removal from the police department payroll (now the greater of 65% of the salary attached to the rank held by the police officer in the police service at the time of his or her removal from the police department payroll or 50% of the current salary attached from time to time to the rank held by the police officer at the time of his or her removal from the police department payroll). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Amends the Illinois Banking Act and the Illinois Bank Holding Company Act. Eliminates provisions prohibiting an out of state bank or a national bank whose main banking premises is located outside Illinois from acquiring or merging with an Illinois bank that has existed and continually operated as a bank for 5 years or less. Effective immediately.
Amends the Chicago Firefighter Article of the Illinois Pension Code to increase the maximum retirement annuity, duty disability benefit, and duty death benefit from 75% to 80% of salary. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
