Amends the Illinois Vehicle Code. Lowers the flat weight tax for Class C and D vehicles; Class VF farm trucks. Lowers the mileage weight tax for Class MD, ME, MF, and MG vehicles. Lowers the trailer flat weight tax for Class VDD, VDE, and VDG farm trailers. Lowers the flat weight trailer tax of Class TA, TB, TC, TD, and TE trailers.
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ individuals working within the engineering sector who graduated from an accredited institution of higher learning with a Bachelor's degree or higher. Provides that the credit shall be equal to 10% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution located in Illinois or 5% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution not located in Illinois. Effective immediately.
Amends the Compensation Review Act. Provides that members of the General Assembly are prohibited from receiving and shall not receive any increase in compensation that would otherwise apply based on a cost of living adjustment for terms commencing on or after January 1, 2023, unless otherwise approved by law. Effective immediately.
Mourns the death of Gordon "Gordy" L. Ropp of Normal.
Mourns the passing of Robert L. "Bob" Volk.
Mourns the passing of Melvin F. Schroeder.
Mourns the passing of Brother John-Sebastian Laird-Hammond.
Mourns the passing of Dominic E. "Ditty" Lynch Jr.
Mourns the passing of James W. "Jim" Woodward.
Mourns the passing of Raleigh J. Harris III.
