Rep. Anthony DeLuca

Amends the Illinois Income Tax Act. Makes the following changes with respect to the angel investment credit: (1) provides that the credit applies for taxable years ending on or before December 31, 2021 (currently, December 31, 2016); (2) increases the maximum aggregate amount of the angel investment credit from $10,000,000 to $20,000,000; (3) defines "investment" as equity, Simple Agreement for Future Equity (SAFE) Agreements, and convertible notes; (4) provides that each qualified new business venture must renew its registration on an annual basis; (5) provides that, for taxable years ending on or after December 31, 2017, applicants for the credit must make a minimum investment of $10,000 in a qualified new business venture (currently, there is no minimum investment requirement); (6) provides that the maximum amount of an applicant's total investment made directly in any single qualified new business venture that may be used as the basis for a credit under this Section is $2,000,000 (currently, that is the maximum for each investment made in a qualified new business venture); (7) contains recapture provisions; and (8) contains provisions concerning investments in minority-owned businesses, female-owned businesses, or businesses owned by a person with a disability. Effective immediately.

Amends the Statute on Statutes. Makes a technical change in a Section regarding the application of the Act.

Honors the Village of Beecher, the Village of Crete, the Village of Olympia Fields, and the Village of Steger's Vietnam Veterans.

Recognizes the 28th Annual Black & Gold Scholarship Gala to be held on November 18, 2017.

Amends the Notice By Publication Act and the Newspaper Legal Notice Act. Provides that, if notice is required to be published in a newspaper that is published in a particular unit of local government or school district, and if there is no newspaper published in that unit of local government or school district, then the notice may be published in a secular newspaper having general circulation within the unit of local government or school district (currently, those Acts require the newspaper to be published in the county in which the unit of local government or school district is located or in an adjoining county). Provides that the newspaper shall cause the notice to be placed (instead of "place the notice") on the statewide website established and maintained as a joint venture of the majority of Illinois newspapers as a repository for such notices. Amends the Legal Advertising Rate Act. Provides that the face of type of any required public notice shall not be (instead of "be made shall be not") smaller than the body type used in the classified advertising in the newspaper in which the required public notice is published.

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

Congratulates Romona Johnson on winning The Price is Right.

Recognizes the 130th anniversary of the founding of Glenwood Academy.

Congratulates Master Richard Keiss, owner and operator of Draco Martial Arts Academy, on 20 years in business.

Designates the portion of East End Avenue between the intersections of 26th Street and East End Avenue and Sauk Trail and East End Avenue in South Chicago Heights as "Honorary Thomas Cellini Way".