Amends the Public Utilities Act. Adds a caption to a Section concerning the definition of "telecommunications carrier".
Amends the Code of Civil Procedure. Requires public utilities to reimburse a property owner for reasonable costs, disbursements and expenses, reasonable attorneys' fees, and appraisal and engineering fees incurred as a result of an actual physical taking of the owner's property.
Amends the Mobile Home Local Services Tax Act. Increases the tax per square foot for tax year 2004 and thereafter to the following rates: model year and 1st, 2nd, and 3rd year following, 60¢; 4th, 5th, 6th, and 7th year following model year, 50¢; 8th, 9th, 10th, and 11th year following model year, 45¢; 12th, 13th, 14th, and 15th year following model year, 40¢; 16th, 17th, 18th, and 19th year following model year, 35¢; 20th year following model year and subsequent years, 30¢. Effective January 1, 2004.
Amends the Public Utilities Act. Adds a caption to a Section concerning mobile telecommunications services.
Amends the State Universities Article of the Illinois Pension Code. Increases certain death benefits from $1,000 to $5,000. Provides that these benefits are in the nature of life insurance and are intended to be not subject to the federal income tax. Effective immediately.
Amends the Environmental Protection Act. Makes technical changes to a Section concerning alternative control strategies.
Amends the State Universities Article of the Illinois Pension Code. Changes the manner of calculating the contribution required for establishing credit for certain military service. Effective immediately.
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2003, moneys contributed during the taxable year by the taxpayer for the purchase of an Illinois prepaid tuition contract, excluding moneys rolled over from another qualified tuition program account, may be deducted from the taxpayer's federal adjusted gross income in arriving at base income for Illinois income tax purposes. Exempts the deduction from the sunset provisions of the Act. Amends the Illinois Prepaid Tuition Act to include a reference to the deduction. Effective immediately.
Amends the Simplified Municipal Telecommunications Tax Act. Makes a technical change in a Section concerning maximum tax rates.
Amends the Neighborhood Redevelopment Corporation Law. Provides that, upon approval of the governing body of a city, village, or incorporated town, after it complies with notice, hearing, and other requirements, the general real estate taxes on the improvements on real property of a neighborhood redevelopment corporation or its immediate successor in that city, village, or incorporated town shall be abated for a period not in excess of 10 years after the date upon which the corporation becomes owner of that real property. The tax on that property, however, exclusive of improvements, may continue to be imposed and collected but shall be frozen at the amount of taxes owed, or that would have been owed, for the property as unimproved in the year prior to the year it was acquired by the neighborhood redevelopment corporation. For the next ensuing period not in excess of 15 years, general real estate taxes on the property shall be abated in an amount not to exceed 50% of the taxes imposed by each taxing district. The parties may agree, by contract, to payments in lieu of taxes. After a period of not more than 25 years, tax abatements are eliminated. Limits the provisions to property located in St. Clair County. For St. Clair County, changes the Law with respect to what constitutes a "slum and blighted area", who may appoint members of the Commission and the number of Commissioners, and how certificates of convenience and necessity are approved. Amends the Property Tax Code to authorize the abatements. Effective immediately.
