Amends the Illinois Municipal Code. Provides that the tax or license fee collected from fire insurance companies shall be rendered to the treasurer of the Foreign Fire Insurance Board if there is one, or to the municipal treasurer or secretary of the fire protection district. Provides that an agent who collects the fee on behalf of a Foreign Fire Insurance Board, a municipality, or a fire protection district, shall pay all collected amounts, less a fee charged for collection, to the treasurer of the Foreign Fire Insurance Board, the municipal treasurer, or the secretary of the fire protection district by the 15th of August of each year. Sets the maximum fee that can be charged by an agent for the collection of funds. Requires each Foreign Fire Insurance Board, municipality, or fire protection district to file an annual report with the Department of Insurance. Provides that information required to be provided to the Department of Insurance shall be available for public inspection upon the filing of a request under the Freedom of Information Act. Provides that the Department of Insurance, fire department, or other interested party may bring suit against each Foreign Fire Insurance Board, municipality, fire protection district, or agent of a Foreign Fire Insurance Board, municipality, or fire protection district that fails to comply with the reporting requirement. Makes other changes. Effective July 1, 2003.
Sponsored bills
Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Amends the Illinois State Auditing Act to authorize audits of the Corporation and the Fund. Contains other provisions. Effective immediately.
Amends the Illinois Pension Code to allow investigators for the Office of the Attorney General to transfer credits for up to 12 years of prior service as a police officer, sheriff's law enforcement employee, or municipal conservator of the peace from certain other pension funds; requires payment of the difference in employee and employer contributions. Effective immediately.
Amends the State Employee Article of the Illinois Pension Code. Expands the special retirement formula for credit as a security employee of the Department of Corrections or Human Services to include all eligible (alternative formula) creditable service. Effective immediately.
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the rolling stock exemption reverts on July 1, 2006 to its form prior to July 1, 2003. Amends the Illinois Income Tax Act. Provides that the transportation employee credit no longer applies for taxable years beginning on or after January 1, 2007. Amends the Illinois Vehicle Code. Provides that the commercial distribution fee shall be reduced each registration year and eliminated beginning with the registration year that begins on July 1, 2006. Effective immediately.
Appropriates $2 from the General Revenue Fund to the State Board of Education for its ordinary and contingent expenses. Effective July 1, 2003.
Amends the Chicago Teachers Article of the Illinois Pension Code. Provides that attainment of age 18 does not terminate the children's pension of a child who is disabled and was dependent upon a deceased teacher at the time of his or her death. Provides that, if there is no eligible surviving spouse or eligible child of a deceased teacher, his or her parent is entitled to a survivor's pension if he or she was dependent upon the deceased teacher at the time of his or her death. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Amends the Illinois River Watershed Restoration Act. Provides that the Illinois River Coordinating Council is empowered to receive and make grants and distribute moneys awarded from litigation, fines, or settlements.
Creates the Retired Officers Security Act. Permits the Department of State Police to issue permits to carry concealed firearms to retired peace officers and retired military who have served honorably for at least 10 years. Provides that permits to carry a concealed firearm shall be valid throughout the State for a period of 4 years from the date of issuance. Provides that a person in compliance with the terms of the permit may carry concealed firearms on or about his or her person. Provides that the permittee shall carry the permit at all times the permittee is carrying a concealed firearm and shall display the permit upon the request of a law enforcement officer. Establishes firearm proficiency tests for applicants for concealed carry permits. Repeals the Act on January 1, 2010. Amends the Firearm Owners Identification Card Act. Pre-empts home rule regulation of the issuance of concealed carry permits. Effective immediately.
Amends the Illinois Income Tax Act. Makes technical changes in a Section concerning the short title.