Rep. Curtis Tarver

Amends the Counties Code. In provisions regarding county officer stipends in counties of less than 2,000,000 population, provides that, for State fiscal years beginning on or after July 1, 2024, the State Board of Elections shall remit to each county the amount required for the stipend for the county clerk, the county recorder, and the chief clerk of each county board of election commissioners. Requires the money from the State Board of Elections to be deposited by the county treasurer into a fund dedicated for that purpose, and requires the county payroll clerk to pay the stipend within 10 business days after those funds are deposited into the county fund. Provides that the stipend shall not be considered part of the recipient's base compensation and must be remitted to the recipient in addition to the recipient's annual salary or compensation. Provides that, beginning July 1, 2024, the county shall be responsible for the State and federal income tax reporting and withholding as well as the employer contributions under the Illinois Pension Code on the stipend under the provisions. Effective immediately.

Amends the Courses of Study Article of the School Code. Instead of requiring consumer education to be taught and studied, provides that beginning with pupils entering the 9th grade in the 2024-2025 school year, pupils in the public schools in grade 11 or 12 shall be taught and be required to complete a stand-alone, one-semester or equivalent course covering personal finance, which shall include, but is not limited to, instruction covering behavioral economics; banking and bill payment; investing; types of credit; managing credit; including credit scores; paying for college; insurance; taxes; budgeting; consumer skills; retirement planning, including tax-advantaged retirement plans; home ownership and financing; and personal transportation, including car ownership and leasing. Provides that the State Board of Education shall devise or approve the personal finance education standards for the course. Provides that the school board shall oversee implementation of the personal finance course for each high school student prior to graduation. Specifies the oversight duties of the school board. In provisions regarding required high school courses, provides that the personal finance education course may be counted toward the fulfillment of other graduation requirements. Makes other changes.

Appropriates $6,000,000 from the General Revenue Fund to the Department of Human Services for a grant to the Neighborhood Housing Services of Chicago for costs associated with funding equitable mortgage lending, homeownership rehabilitation and development, and homebuyer subsidies and support. Effective July 1, 2024.

Maddy summaryHB 303 is a technical amendment to the College and Career Success for All Students Act that updates the short title of a specific section within the law. This change does not alter any existing policies, funding, or programs but simply corrects the official name used to reference the legislation. The bill affects only the legal text of the act and has no direct impact on students, schools, or other stakeholders. It is currently in the legislative process and has not yet been enacted into law.

Amends the Business Enterprise for Minorities, Women, and Persons with Disabilities Act. Defines terms. Provides factors for determining whether a good faith effort has been made for purposes of granting a waiver under the Act. Provides for a uniform standard of contract goals for State agencies, public institutions of higher education, and other departments. Specifies further requirements concerning uniform contract goals. Provides that the terms of every contract entered into by a State agency or public institution of higher education for purposes of the Act shall include a provision requiring vendors who fail to comply with a utilization plan to return all funds paid to that vendor with an expectation of compliance. Provides that the Business Enterprise Council may (rather than shall) grant a waiver under specified circumstances. Provides criteria for granting a waiver. Makes conforming changes.

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Creates the Creative Economy Task Force within the Department of Commerce and Economic Opportunity to create a strategic plan to improve the creative economy in the State. Provides that, within 2 years after the effective date of the amendatory Act, the task force shall collect and analyze data on the current state of the creative economy in the State and develop a strategic plan to improve the State's creative economy that can be rolled out in incremental phases to reach identified economic, social justice, and business development goals. Provides that the goal of the strategic plan shall be to ensure that the State is competitive with respect to attracting creative economy business, retaining talent within the State, and developing marketable content that can be exported for national and international consumption and monetization. Specifies requirements of the strategic plan. Provides that the task force shall submit its findings and recommendations to the General Assembly no later than December 31, 2027. Sets forth provisions concerning task force membership; compensation; and administrative support. Repeals the provision on July 1, 2028.

Amends the Chicago School District Article of the School Code. Provides that a local school council shall have and exercise the power and duty to contract with the Chicago Police Department to have police officers or school resource officers on school grounds. Effective immediately.

Amends the Film Production Services Tax Credit Act of 2008. Provides that certain amounts shall be deposited into the Illinois Production Workforce Development Fund beginning on July 1, 2023 (currently, July 1, 2022). Provides that the amount deposited into the Fund shall be based on the amount transferred on the taxpayer's Illinois tax return (currently, transferred or claimed).

Creates the Small Business Truth in Lending Act. Sets forth provisions concerning disclosure requirements for sales-based financing, closed-end commercial financing, open-end commercial financing, factoring transactions, renewal financing, and other forms of financing. Provides that all commercial financing shall include a clear and conspicuous notice on how to file a complaint with the Department of Financial and Professional Regulation. Provides that the Department may adopt rules. Provides that upon a finding by the Secretary of Financial and Professional Regulation that a provider has violated the provisions or rules, the provider shall be ordered to pay the Department a civil penalty for each violation of the provisions or any rule not to exceed $10,000 for each violation, or if a violation is willful, $20,000 for each violation. Sets forth provisions concerning cease and desist orders, injunctions, investigation and examination, civil actions, violations, and registration. Provides that a violation of the provisions constitutes an unlawful practice in violation of the Consumer Fraud and Deceptive Business Practices Act. Defines terms. Makes a conforming change in the Consumer Fraud and Deceptive Business Practices Act. Effective immediately.

Authorizes the Director of Natural Resources to execute and deliver a quitclaim deed to the Prairie Band Potawatomi Nation for specified real property located in DeKalb County, subject to specified conditions. Effective immediately.