Sen. Rob Martwick

Creates the Local Government Retirement Plan Responsibility Act. Provides that any retirement plan offered by a unit of local government or school district must comply with the applicable provisions of the General Provisions Article of the Illinois Pension Code, including, but not limited to, fiduciary duties, funding, investments, and the rights of participants, regardless of whether the retirement plan is established under the Illinois Pension Code. Defines "retirement plan".

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who have an approved NFPA 13D residential fire sprinkler system installed in a new or existing residential dwelling in the State during the taxable year. Provides that the credit shall be in an amount equal to 50% of the total cost of the installation but not to exceed $10,000 per taxpayer in any taxable year. Provides that credit awards under the amendatory Act shall be limited to the lesser of 2,000 credit awards per year or $8,000,000 in total credits per year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Amends the Department of Human Services Act. Creates the Illinois Guaranteed Income Fund as a special fund in the State treasury. Provides that subject to appropriation, the Department of Human Services shall administer the Fund and provide grants to eligible entities for the purpose of operating pilot programs and programs, or "projects", that provide a guaranteed income to participants. Requires the Department to prioritize funding for projects that serve Illinois residents who: (1) are pregnant individuals or have become new parents in the last 3 years; (2) are facing homelessness or seeking shelter or transitioning to housing after a period of homelessness; (3) are formerly incarcerated and returning to the community, or supporting a formerly incarcerated family member who was released within a year of application; or (4) are enrolled in educational or vocational programs. Contains provisions on the methodology and manner of distributing grants; benefits counseling for individuals who receive guaranteed income payments; Department reviews and evaluations on the economic impact of the guaranteed income programs and projects; reporting requirements and the public posting of such reports; and other matters. Effective immediately.

Creates the Metropolitan Mobility Authority Act. Establishes the Metropolitan Mobility Authority. Provides that the Chicago Transit Authority, the Commuter Rail Division and the Suburban Bus Division of the Regional Transportation Authority, and the Regional Transportation Authority are consolidated into the Metropolitan Mobility Authority and the Service Boards are abolished. Creates the Suburban Bus Operating Division, Commuter Rail Operating Division, and the Chicago Transit Operating Division. Reinserts, reorganizes, and changes some provisions from the Metropolitan Transit Authority Act and the Regional Transportation Authority Act into the new Act. Includes provisions concerning the operation of the Metropolitan Mobility Authority. Repeals the Metropolitan Transit Authority Act and the Regional Transportation Authority Act. Amends various Acts, Laws, and Codes to make conforming changes. Creates the Equitable Transit-Supportive Development Act. Establishes the Office of Equitable Transit-Oriented Development and the Transit-Supportive Development Fund. Provides that the Office and the Fund are to aid transit-supportive development near high-quality transit by providing specified funding to municipalities that have adopted the standards in the transit support overlay district for that area or that have adopted zoning and other changes that the Office determines have benefits greater than or equal to such a District, including transit support overlay districts. Includes provisions relating to Office standards, procedures, and reports. Amends the State Finance Act to make a conforming change. Amends the Department of Transportation Law of the Civil Administrative Code. Requires the Department to establish, staff, and support an Office of Public Transportation Support for the purpose of optimizing the operation of public transportation vehicles and the delivery of public transportation services on highways under the Department's jurisdiction in the Metropolitan Mobility Authority's metropolitan region. Describes the duties and operations of the Office. Amends the Toll Highway Act. Provides that the Chair of the Metropolitan Mobility Authority is a nonvoting member of the Illinois State Toll Highway Authority.

Amends the Illinois Income Tax Act. Provides that, for the purpose of allocating gains and losses from sales or exchanges of shares in a Subchapter S corporation or from interests in certain partnerships, those gains and losses shall be allocated in proportion to the average of the pass-through entity's Illinois apportionment factor in the year of the sale or exchange and the 2 tax years immediately preceding the year of the sale or exchange. Provides that, if the pass-through entity was not in existence during both of the preceding 2 years, then only the years in which the pass-through entity was in existence shall be considered when computing the average.

Creates the Patient Access to Pharmacy Protection Act. Defines terms. Provides that no person, including a pharmaceutical manufacturer, may deny, restrict, prohibit, condition, or otherwise interfere with, either directly or indirectly, the acquisition of a 340B drug by, or delivery of a 340B drug to, a 340B covered entity or a 340B contract pharmacy authorized to receive 340B drugs on behalf of the 340B covered entity unless such receipt is prohibited by federal law. Provides that no person, including a pharmaceutical manufacturer, may impose any restriction on the ability of a 340B covered entity to contract with or designate a 340B contract pharmacy including restrictions relating to the number, location, ownership, or type of 340B contract pharmacy. Provides that no person, including a pharmaceutical manufacturer, may require or compel a 340B covered entity or 340B contract pharmacy to submit or otherwise provide ingredient cost or pricing data pertinent to 340B drugs unless required by State or federal law; institute requirements in any way relating to how a 340B covered entity manages its inventory of 340B drugs that are not required by a State or federal agency, including requirements relating to the frequency or scope of audits of inventory management systems of a 340B covered entity or a 340B contract pharmacy; or submit data or information that is not required by State or federal law as a condition for a 340B covered entity, its 340B contract pharmacy, or a location otherwise authorized by a 340B covered entity to receive 340B drugs. Sets forth provisions concerning enforcement of this Act; preemption of this Act; and severability of this Act. Effective immediately.

Maddy summarySB 705 makes a technical amendment to the Illinois Banking Act. Specifically, it updates a section related to the short title of the Act.

Creates the Transparent, Inclusive, and Competitively Neutral Energy Policy Act. Sets forth findings. Provides that the energy procurement process shall be transparent, inclusive, and competitively neutral and shall provide due consideration to the unique advantages of each developer from all segments of the energy sector and recognize that more inclusive procurements result in greater competition among developers and lower costs for consumers.

Amends the Department of Human Services Act. Establishes the Nonprofit Clinical Supervision Grant Program. Provides that, subject to appropriation, the Department of Human Services shall provide grants to eligible nonprofit associations to provide grants to nonprofit associations to hire licensed clinical social workers and to administer programs for group clinical supervision to assist social workers in fulfilling their supervised clinical experience requirements for licensure. Sets forth eligibility requirements for nonprofit associations. Sets forth requirements regarding the use of grant funds. Describes annual reporting requirements for grant recipients. Allows the Department of Human Services to adopt rules needed to implement the Nonprofit Clinical Supervision Grant Program. Amends the Higher Education Student Assistance Act. Changes the name of the School and Municipal Social Work Shortage Loan Repayment Program to the School and Municipal/County Social Work Shortage Loan Repayment Program. Increases the maximum amount of grants that may be awarded through the School and Municipal/County Social Work Shortage Loan Repayment Program. Allows a recipient to apply for additional grant funding in subsequent years only if the recipient verifies that the grant amount allocated in the prior year has been applied to reduce the balance of the recipient's educational loan.

Amends the Property Tax Code. In provisions concerning notices of increased assessments, provides that the chief county assessment officer shall continue to accept appeals from the taxpayer for a period of not less than 30 business days from the later of the date the assessment notice is mailed or is published on the assessor's website. Effective immediately.