Rep. David S. Olsen

Amends the Illinois Vehicle Code. Provides that a rental company shall not charge a renter any fee, surcharge, or fine amount that is more than twice the toll amount charged to the rental company's I-Pass or E-ZPass account for the renter's use of the rental vehicle on a toll highway operated by the Illinois State Toll Highway Authority. Effective immediately.

Amends the School Code. Changes references in the Code from "English Language Learner" to "English Learner" and from "vocational education" to "career and technical education". Repeals a provision providing that it is unlawful for any county superintendent of schools to practice any other profession. Makes other changes regarding Early Childhood Education Block Grant reports, reports on the conditions of schools, suspension or revocation of an educator license, charter school reports, and powers and duties of the State Board of Education.

Amends the Property Tax Code. Provides that, for taxable years 2018 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties. Indexes the maximum reductions in all counties to the Consumer Price Index. Effective immediately.

Designates the Illinois State Armory Building in Springfield as the "Governor Dwight H. Green State Armory Building".

Amends the Local Governmental and Governmental Employees Tort Immunity Act. Provides that nothing in the Act affects the liability, if any, of a local public entity or public employee based on the Illinois Human Rights Act.

Amends the County Board of Election Commissioners Article of the Election Code. Provides that commissioners appointed under the provisions of that Article shall serve in an unpaid capacity. Effective immediately.

Amends the Election Code. Makes changes to provide that any person who knowingly files an application to vote, accepts a ballot, or enters a voting machine on more than one occasion on the same election day where the ballot or machine lists any of the same candidates and issues (except to legally give assistance, to replace a spoiled or rejected ballot, or at the direction of a judge of elections) shall be guilty of a Class 3 felony. Makes changes to provide that any person who knowingly makes a false statement, material to the issue or point in question, in any affidavit, certificate, or sworn oral declaration required by any provision of the Code shall be guilty of a Class 3 felony. Provides that an indictment or information for perjury alleging that the offender has knowingly made contradictory statements, material to the issue or point in question, in affidavits, certificates, or sworn oral declarations required by any provision of the Code need not specify which statement is false. Provides that at the trial, the prosecution need not establish which statement is false. Effective immediately.

Creates the Regulatory Sandbox Act. Creates the regulatory sandbox to enable persons to obtain limited access to the Illinois marketplace in order to test innovations in financial products or services. Provides requirements for approval to enter the regulatory sandbox, the application fee, and approval or denial time. Provides requirements for operating an innovation in the regulatory sandbox and extending a test period. Contains provisions regarding rules and judicial review of the administration of this Act. Makes conforming changes in the State Finance Act. Effective January 1, 2019.

Creates the Long-Term Accounting Act. Provides that the purpose of the Act is to improve transparency and accountability during the State budget process. Contains provisions concerning the passage of appropriation bills and the electronic publication of appropriation bills. Amends the State Comptroller Act. Amends the Commission on Governmental Forecasting and Accountability Act. Provides that the Commission on Governmental Forecasting and Accountability must publish fiscal budget statements. Sets forth the requirements for the fiscal budget statements. Contains other provisions. Effective immediately.

Amends the Business Corporation Act of 1983. Increases from $200 to $500 the minimum base penalty for transacting business in this State without authority. Provides that a corporation that effects a change in the number of issued shares or the amount of paid-in capital prior to January 1, 2019, rather than effecting a change at any time, shall file a report regarding the issued shares or paid-in capital. Provides that franchise taxes are not payable on or after January 1, 2019. Provides that on and after January 1, 2019, a corporation that fails to file an annual report shall pay a penalty of $50 plus $10 per month or part of a month that the report is delinquent.