March 6, 2021

This summary lists the bills that were reported passed by Senate Committees during the week of March 1-5. More information about these bills is available at the Illinois General Assembly Web site at https://ilga.gov/ .

You can download the full summary here.

Financial Institutions

 

College Savings Pool (SB 168): Makes various changes to the College Savings Pool. Allows the State Treasurer to perform any other actions he/she deems necessary to administer the Pool.

Judiciary

Warranty deeds (SB 46): Creates a statutory form for special warranty deeds, one of the most common deeds used in commercial real estate practice. Currently, no special warranty deed exists in statute.

 

Electronic wills (SB 72): Provides for the valid execution, attestation, self-proving, and probate of electronic wills, paper copies of electronic wills, and wills attested to by witnesses through audio-video communication; and the valid execution, attestation, and witnessing of documents, other than wills, through audio-visual communication.​

 

Land transfer (SB 84): Authorizes the transfer of the unused portions of the Rock Island Railroad right-of-way in Dunlap from the Illinois Department of Natural Resources to the Village of Dunlap. This parcel is adjacent to existing park space and will be used for additional park space and eventually walking trails or other recreational amenities.

 

Adoption (SB 107): Streamlines the process of adoption. Provides that an Illinois court has jurisdiction over the adoption of a child born/residing in Illinois and being adopted by an out-of-state family if a licensed Illinois agency provides certain adoption services, including counseling the birth parent as to a surrender or consent. Provides that an Illinois court has discretion to appoint a guardian ad litem for a minor child (not a youth in care) if related to the prospective adoptive parent. Provides more detailed and clearer language in the Affidavit of Identification including its application to a birth mother who is a petitioner (e.g., in a step-parent adoption.) Provides clear language as to when a final judgment order can be entered after placement and investigation in agency, adult and related adoptions.

 

Shareholders meetings (SB 116): Provides that if a board of directors is authorized to determine the place of a meeting of shareholders, the board of directors may determine that the meeting may be held by remote communication. If the remote meeting option is chosen, the board must provide shareholders with a reasonable opportunity to participate in the meeting and vote on matters submitted to shareholders.

 

Revenue

 

Vehicle trade-in cap (SB 58): Repeals the $10,000 cap on the exclusion from sales tax when you trade in your vehicle at a dealership. Also increases the amount of vehicle use tax for private party sales by $75 in each of the vehicle use tax tiers for sales less than $15,000 and applies new rates to sales more than $15,000. Also treats motorcycles, motor driven cycles, and mopeds the same as other motor vehicles under the vehicle use tax instead of a flat fee of $25.

 

Income tax checkoff (SB 81): Creates an income tax checkoff for the Ronald McDonald House Charity on the Illinois income tax return forms.

 

TIF redevelopment costs (SB 188): Expands the definition of “redevelopment project costs” within the TIF (tax increment financing) Act to include lost revenue attributable to the COVID‐19 public health emergency. Allows municipalities to set up criteria, an application process, and other procedures to reimburse the businesses. Reimbursement may come in the form of grants, subsidies, or loans.

 

Parking tax (SB 217): Specifies that the Parking Excise Tax does not apply to any parking area or garage owned/operated by a city, village, county, township, or incorporated town.

 

TIF extension (SB 280): Extends a tax increment financing (TIF) district in the City of Ottawa from 23 to 35 years. The TIF district was created by the City in 1999.

 

Tourism and Hospitality

 

COVID Hospitality Recovery Act (SB 104):

Permits retailers to use credit cards to pay for their liquor purchases. Adds single-servings of wine to the list of drinks (mixed drinks, cocktails) that can be sold via delivery or carry out. Extends the delivery/carry-out (to-go) provisions from June 2, 2021, to Jan. 1, 2024. Permits restaurants and bars to pay taxes once a month, rather than four times a month.

 

Hayli’s Law (SB 119): Prohibits the Illinois Department of Public Health or local health departments or districts from regulating lemonade or non-alcoholic drink stands operated by a person younger than age of 16.