Sen. Jacqueline Y. Collins

Amends the Real Estate License Act of 2000. Provides that a grandfathered auctioneer must only hold a real estate auction certification if the grandfathered auctioneer performs licensed activities in a transaction in which a licensed auctioneer with a real estate certification is providing specified limited services. Defines "grandfathered auctioneer". Effective immediately.

Amends the Charter Schools Law of the School Code. Requires a charter school proposal to include disclosure of any known active criminal or civil investigation by a local, state, or federal law enforcement agency into the individual or organization submitting the charter school proposal. Effective immediately.

Amends the Illinois Securities Law of 1953. Creates an exemption from certain filing and registration requirements under the Act for intrastate securities offerings that meet certain conditions, including that (1) the offering meets all of the requirements of the federal exemption for intrastate offerings provided under the Securities Act of 1933; (2) the aggregate purchase price of all securities sold by an issuer within any 12-month period does not exceed: (i) $3,000,000; or (ii) $5,000,000 if the issuer has undergone and made available certain financial statements to specified persons; and (3) the aggregate amount sold to any purchaser in an offering of securities made within any consecutive 12-month period does not exceed certain monetary limitations. Provides that an issuer may make an offering or sale of securities through the use of one or more qualified Internet portals, subject to certain requirements, including that (i) the Internet portal shall at all times be owned by a corporation or other legal entity which is either organized under the laws of, or is otherwise qualified to do business in, this State; (ii) the Internet portal shall establish and maintain commercially reasonable measures to limit access to any information concerning an offering or sale of the subject securities to residents of this State; and (iii) the Internet portal shall establish and maintain a secure method of communication through the Internet portal itself that will permit potential investors to communicate with one another and with representatives of the issuer about the offering. Requires the Secretary of State to collect a $100 fee for securities offered or sold under the exemption created under this amendatory Act; and a $300 fee for the registration and renewal of a qualified Internet portal. Defines terms.

Amends the Public Utilities Act. Provides that an electric utility or an alternative retail electric supplier may not charge an early termination fee in excess of $50.

Appropriates $2 from the General Revenue Fund to Eastern Illinois University for its FY16 ordinary and contingent expenses. Effective July 1, 2015.

Appropriates $2 from the General Revenue Fund to the Department of Military Affairs for its FY16 ordinary and contingent expenses. Effective July 1, 2015.

Amends Public Acts 98-679, 98-680, and 98-681. Adds supplemental appropriations to various agencies for personal services and State contributions to Social Security. Effective immediately.

Urge the Department of Commerce and Economic Development to award an Illinois Film Production Services Tax Credit to Forty Acres and a Mule Filmworks, as long as it meets the requirements of the tax credit program, in the belief that the filming of "Chiraq" in Chicago will result in a positive economic impact on the State in general and on disadvantaged, high-unemployment communities in particular.

Designates May 19, 2015 and every May 15 thereafter as Malcolm X Day in the State of Illinois.

Mourns the death of Alice Lucille Tregay of Chicago.