Amends the Liquor Control Act of 1934. Provides that 25% the proceeds collected under the tax imposed for the sale, use, or possession of alcoholic liquor must be available to the Department of Human Services for grants to public and private entities for the purpose of funding alcohol problem prevention and recovery programs. Effective immediately.
Amends the Local Mass Transit District Act. Beginning with the general election in 2006, provides that the Board of Trustees for any Local Mass Transit District that is entirely within a county or that is coterminous with a county shall consist of 7 elected trustees (now, the trustees are appointed by the county board). Makes corresponding changes. Effective immediately.
Amends the School Code. Allows cooperative high schools to receive some of the same supplementary State aid that new districts receive. Effective immediately.
Amends the Motor Fuel Tax Law. Provides that, beginning on January 1, 2006, revenues from the tax that are transferred to the Department of Transportation for distribution shall be distributed as follows: (i) 49.10% (same now) to the municipalities of the State; (ii) 15.15% (now, 16.74%) to the counties of the State having 1,000,000 or more inhabitants; (iii) 18.27% (same now) to the counties of the State having less than 1,000,000 inhabitants; and (iv) 17.48% (now, 15.89%) to the road districts of the State. Effective January 1, 2006.
Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2005, allows a deduction of up to $10,000 if the taxpayer, while living, donates one or more of his or her human organs to another human being for human organ transplantation. Provides that the deduction may be claimed only once and for only unreimbursed travel and lodging expenses and lost wages incurred by the claimant and related to the claimant's organ donation. Effective immediately.
Amends the State Finance Act. Excludes moneys received by the Department of Financial and Professional Regulation under the Illinois Credit Union Act from those moneys required to be deposited into the Financial Institution Fund. Makes certain provisions concerning transfers to the General Revenue Fund inapplicable to (i) any fund established under the Illinois Credit Union Act, the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, or the Savings Bank Act and (ii) the Professions Indirect Cost Fund. Limits transfers and expenditures from those funds to specified purposes. Prohibits the allocation or transfer of additional amounts generated by certain fee increases with respect to or from the Credit Union Fund. Amends the Illinois Banking Act, the Illinois Savings and Loan Act of 1985, and the Savings Bank Act. With respect to the moneys in each of the Bank and Trust Company Fund, the Savings and Residential Finance Regulatory Fund, and the Credit Union Fund, (i) exempts those moneys from assignment or transfer except for unappropriated administrative expenses and (ii) provides that the moneys remain the property of and must be held in trust for the financial institutions from which they were collected. For FY08, requires the Commissioner of Banks and Real Estate (now, the Director of the Division of Banks and Real Estate) to adopt rules to adjust regulatory fee rates in the specified manner. Amends the Illinois Credit Union Act. Provides that the regulatory fee paid by a credit union to the Department of Financial and Professional Regulation shall be the lesser of (i) the rate pursuant to the regulatory fee schedule or (ii) a rate established in a manner proportionately consistent with the rates in the regulatory fee schedule and that would fund the actual administrative and operational expenses of the Credit Union Section. Increases rates in the regulatory fee schedule for credit unions with total assets over $5,000,000. Requires the Director of Financial and Professional Regulation to adjust the fee schedule for the next fiscal year. Provides that the fee schedule may be increased by no more than 5% annually if necessary to defray the actual (now, estimated) administrative and operational expenses of the Credit Union Section (now, the Department). Prohibits any increase in the fee schedule if the amount remaining in the Credit Union Fund at the end of the fiscal year is equal to or greater than 25% of the actual administrative and operational expenses for the preceding fiscal year. Requires the Director to base the regulatory fee for the next fiscal year on the credit union's total assets as of December 31 of the preceding calendar year. Beginning on July 1, 2005, requires a credit union to pay the regulatory fee in quarterly installments due and payable on the due date for the call report for the preceding quarter (now, a credit union is required to pay the regulatory fee in full no later than March 1 of each calendar year). Provides for a regulatory fee cap of $125,000 (now, $187,500). Effective immediately.
Amends the Illinois Vehicle Code. Provides that any person cited by an officer of the Illinois State Police for violating a provision restricting vehicular speed, if convicted of that violation, shall, in addition to any other fine, fee, or penalty, pay a $5 fee to be deposited into the State Police Vehicle Fund. Makes corresponding changes in the Clerks of Courts Act.
Amends the Local Mass Transit District Act. Beginning with the general election in 2006, provides that the Board of Trustees for any Local Mass Transit District that is entirely within a county or that is coterminous with a county with a population of less than 250,000 and not contiguous to a county with a population of 500,000 or more shall consist of 7 elected trustees (now, the trustees are appointed by the county board). Makes corresponding changes. Effective immediately.
Amends the General Not For Profit Corporation Act of 1986. Provides that each domestic and foreign corporation authorized to conduct affairs in the State shall file a decennial (rather than annual) report. Provides that the fee for filing a decennial (rather than annual) report of a domestic or foreign corporation shall be $50 (rather than $5).
Amends the Motor Fuel Tax Law. Provides that, beginning on January 1, 2007, revenues from the tax that are transferred to the Department of Transportation for distribution shall be distributed as follows: (i) 49.10% (same now) to the municipalities of the State; (ii) 15.15% (now, 16.74%) to the counties of the State having 1,000,000 or more inhabitants; (iii) 18.27% (same now) to the counties of the State having less than 1,000,000 inhabitants; and (iv) 17.48% (now, 15.89%) to the road districts of the State. Effective immediately.
