Sen. Terry Link

Amends the Illinois Banking Act. Makes a technical change in a Section concerning the short title.

Amends the Payday Loan Reform Act. Makes a technical change in a Section concerning the short title.

Mourns the death of David R. Nenn.

Amends the Video Gaming Act. Provides that the Illinois Gaming Board may grant licenses to permit video gaming in a licensed veterans establishment within a municipality or unincorporated area of a county that has prohibited video gaming. Effective immediately.

Mourns the death of Jeffrey S. Winburn of North Chicago.

Amends the Illinois Income Tax Act. Provides that the hospital credit applies for tax years ending on or after December 31, 2012 and ending on or before December 31, 2022 (currently, the credit sunsets on December 31, 2017 by operation of the Act's automatic sunset provision). Effective immediately.

Creates the Chicago Casino Development Authority Act. Provides for the creation of the Chicago Casino Development Authority, whose duties include promotion and maintenance of a casino. Amends the Illinois Horse Racing Act of 1975 and the Riverboat Gambling Act to authorize electronic gaming at race tracks (and makes conforming changes in various Acts). Further amends the Illinois Horse Racing Act of 1975. Makes various changes concerning Board members. Indefinitely extends the authorization for advance deposit wagering. Contains provisions concerning testing of horses at county fairs and standardbred horses. Further amends the Riverboat Gambling Act. Changes the short title to the Illinois Gambling Act and changes corresponding references to the Act. Adds additional owners licenses, one of which authorizes the conduct of casino gambling in the City of Chicago. Makes changes in provisions concerning the admission tax and privilege tax. Makes other changes. Contains a severability provision. Effective immediately, but does not take effect at all unless Senate Bills 1, 2, 3, 4, 5, 6, 8, 9, 10, 11, 12, and 13 of the 100th General Assembly become law.

Amends State Employee Article of the Illinois Pension Code. Requires the System to implement a defined contribution plan for employees of the Illinois State Board of Elections who are not covered by a collective bargaining agreement. Provides that the defined contribution plan shall aggregate State and employee contributions in individual participant accounts which are used for payouts after retirement. Authorizes an eligible employee of the Illinois State Board of Elections to elect to participate in the defined contribution plan instead of the defined benefit plan and to also elect to terminate all participation in the defined benefit plan and to have a specified amount credited to his or her account. Provides that State contributions shall be paid into the accounts of participants in the defined contribution plan at a rate of 3% of compensation and that State contributions, and the earnings thereon, shall vest when those contributions are paid into the participant's account. Provides that employee contributions shall be paid at a rate of 3% of compensation. Contains provisions concerning investment options; defined disability benefits; notice to eligible employees; plan sponsor; reporting; and the intent of the amendatory Act. Excludes the defined contribution plan from the definition of "new benefit increase". Makes related changes in the Retirement Systems Reciprocal Act (Article 20 of the Code) and the State Employees Group Insurance Act of 1971. Effective immediately.

Urges the United States Congress to immediately adopt an "American Recovery" program by restoring the provisions of the Glass Steagall Act; returning to a national banking and a federal credit system, modeled on the principles of Alexander Hamilton's First Bank of the United States; using the federal credit system to build a modern network of high speed rail, power generating systems, and water projects; and creating programs to rebuild our space program to put a permanent manned colony on the Moon, explore the solar system, and create nuclear fusion.

Mourns the death of Charles Cerk of Waukegan.