Rep. Robert W. Pritchard

Amends the Deposit of State Moneys Act. Provides that the State Treasurer may accept a proposal from an eligible institution that provides for a reduced rate of interest if the institution agrees to expend an amount equal to the reduction for the delivery of credit union products and services and financial literacy programs to low income persons or economically disadvantaged areas of the State. Effective immediately.

Amends the Illinois Municipal Code. Provides that property to be annexed under an annexation agreement is subject to the police power, land use and other ordinances, control, and jurisdiction (now, ordinances, control, and jurisdiction) of the annexing municipality. Provides that the ordinances, control, and jurisdiction of the annexing municipality divest any other unit of government of jurisdiction that the unit has or claims to have over the property. Provides that the Section does not apply if the property is not contiguous to the municipality, unless (i) the municipality serves the property with a municipality-owned utility or (ii) in the annexation agreement concerning property within 5 miles of the municipality, the municipality commits to extend within one year a municipally-owned utility to the property, and the municipality complies or (iii) the property is within one mile of the municipality. Also provides exceptions for certain specified counties. The changes apply to all existing annexation agreements, subject to the vested rights of parties to the existing annexation agreements. Effective immediately.

Amends the Elder Abuse and Neglect Act. Provides that an administrator or employee of a bank, savings and loan association, or credit union is a "mandated reporter" of suspected abuse, neglect, or financial exploitation under the Act. Effective January 1, 2006.

Amends the Executive Reorganization Implementation Act. Makes a technical change in a Section concerning the short title.

Congratulates the Somonauk High School Boys Soccer Team on finishing second in the State.

Congratulates Lee And Sherrill Blankenship, owners of Village Commons Bookstore in DeKalb, on being named the 2006 Illinois Retail Merchants Association Retailers of the Year.

Amends the IMRF Article of the Illinois Pension Code. Prohibits a person convicted of a felony relating to or arising out of or in connection with his or her service as an employee who is an employee of more than one employer that participates in the Fund from receiving benefits based on any of his or her service as an employee for all employers that participate in the Fund. Provides that, if, as a result of the felony, the employee is ordered by the court to pay restitution to the employer, then (i) the employer may apply for a refund of employee contributions on the employee's behalf and (ii) pursuant to appropriate documentation from the employer and the court, the Fund shall pay to the employer all or a portion of the refund in a sum sufficient to satisfy the court-ordered restitution. Effective immediately.

Amends the Property Tax Extension Limitation Law in the Property Tax Code. Makes a technical change in a Section authorizing the Department of Revenue to adopt rules.

Amends the School Code. Creates a new Article concerning the conversion and formation of school districts. Contains provisions concerning school district conversions; combined school district formation; unit school district formation; partial elementary unit school district formation; petitions; the holding of an election; taxes, bonds, and working cash funds; the effective date of a change; a map showing the change; assets, liabilities, bonded indebtedness, and tax rates; teachers in contractual continued service; limitations on contesting boundary changes; a limitation on successive petitions; a school district's nonrecognition status; unit district formation and a joint agreement vocational education program; and incentives. Repeals provisions concerning unit school district conversion in districts with not more than 250 students in grades 9 through 12, unit school district formation, school district combination, school district conversion, and supplementary State aid for new, annexing, and resulting districts. Makes related changes in the School Code and Election Code. Effective July 1, 2006.

Amends the Toll Highway Act. Makes a technical change in a definitions Section.