Congratulates the Blessed Sacrament School 7th grade girls volleyball team, the Bruins, on winning the Illinois Elementary School Association 2022-23 Class 2A State Championship.

Congratulates Bishop Mark A. Moore Sr. on his installation as pastor of Indiana Avenue Pentecostal Church of God in Chicago. Wishes him the best in his new position.

Congratulates the Washington Community High School wrestling team, the Panthers, on winning the 2023 Illinois High School Association Class 2A State Championship.

Recognizes and honors former Mayor Richard Carver and the Peoria City Council during his time in office, sometimes referred to as the "Carver Council", for their extraordinary foresight in planning and accomplishing major downtown redevelopment in Peoria on the 50th anniversary of when this vision began.

Recognizes the national historic importance and legacy of Nance Legins-Costley and William Costley. Urges the citizens of the State of Illinois to celebrate the new memorial honoring Nance Legins-Costley and William Costley in Downtown Pekin and learn more about the impact these fellow citizens of Illinois had on the history of the United States.

Congratulates Paul Porter Davidsmeyer on his 100th Birthday.

Congratulates the Bradley Braves men's basketball team on being named the Missouri Valley Conference regular season champions.

Amends the Cannabis Regulation and Tax Act. Provides that within 90 days after the Restore, Reinvest, and Renew Areas have been designated by the Restore, Reinvest, and Renew Program Board, the Board chair shall appoint 8 public officials of municipal or county (rather than municipal) geographic jurisdictions in the State that include a Restore, Reinvest, and Renew Area to the Board.

Amends the Illinois Banking Act. Makes changes to the membership of the State Banking Board of Illinois. Provides that a bank may borrow or incur an obligation and pledge assets to secure deposits. Provides that a bank may provide data processing services to a person for profit. Provides that a bank may invest in financial futures or options transactions. Provides that the board of directors of a bank may provide by resolution that stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a person who makes, or causes to be made, a false statement or false entry with intent to deceive any person or persons authorized to examine into the affairs of the bank or the subsidiary or holding company of that bank, the branch of an out-of-state bank with intent to deceive the Commissioner of Banks and Real Estate or his administrative officers in the performance of their duties under the Act shall be subject to civil penalties imposed by the Commissioner (rather than be guilty of a Class 3 felony). Provides that the Board may authorize the transfer of funds from the Bank and Trust Company Fund. Amends the Savings Bank Act. Provides that the board of directors of a savings bank may provide by resolution that members or stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a savings bank may loan funds through the purchase of fixed rate annuity contracts. Provides that a savings bank may accept deposits made by a minor and may open an account in the name of such minor and the rules and regulations of such savings bank with respect to each such deposit and account shall be as binding upon such minor as if such minor were of full age and legal capacity. Makes changes to various provisions concerning notice to allow for electronic notice. Makes other changes. Effective immediately.

Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that whenever the Department of Transportation enters into an agreement with any state or state agency, any public or private entity or quasi-public entity for the lease, rental, or use of locomotives, passenger railcars, and other rolling stock equipment or accessions, the Department may deposit such receipts into a separate escrow account. Allows funds in an escrow account holding lease payments, use fees, or rental payments to be withdrawn by the Department with the consent of the Midwest Fleet Pool Board, and deposited into the High-Speed Rolling Stock Fund. Provides that at the end of the term of an escrow account holding lease payments, use fees, or rental payments, the remaining balance shall be deposited in the High-Speed Rail Rolling Stock Fund. Provides that whenever the Department enters into an agreement with any carrier, state or state agency, any public or private entity, or quasi-public entity for costs related to procurement and maintenance of locomotives, passenger railcars, and other rolling stock equipment or accessions, the Department shall deposit such receipts into the High-Speed Rolling Stock Fund. Provides that the Department may make transfers or payments into the High-Speed Rail Rolling Stock Fund for the State's share of the costs related to locomotives, passenger railcars, and other rolling stock equipment.

Amends the Illinois Municipal Code. Provides that the corporate authorities of a municipality may license and regulate all commercial operations within the municipality's boundaries, whether for profit or not for profit, but may not impose any tax upon its operations except as otherwise authorized by law.

Amends the State Designations Act. Provides that the mushroom calvatia gigantea, commonly known as the "giant puffball", is designated the official State mushroom of the State of Illinois. Effective immediately.

Amends the Business Corporation Act of 1983. Provides that, in the case of a domestic or foreign corporation, no payment is required for a franchise tax that would have been due and payable on or after January 1, 2025. Repeals on January 1, 2026 the provisions in the Act that establish the corporate franchise tax. Directs the Legislative Reference Bureau to prepare a bill effecting necessary changes to conform the statutes to the changes made by the amendatory Act. Effective immediately.

Amends the State Employee Article of the Illinois Pension Code. Provides that beginning on the effective date of the amendatory Act through the end of the 60th month after the effective date of the amendatory Act, a State policeman who earns a retirement annuity equal to the limitation specified under the alternative retirement annuity provisions may elect to begin his or her retirement annuity effective on the month he or she first earned that retirement annuity at the amount so limited or the effective date of the amendatory Act, whichever is later. Provides that a State policeman who makes such an election must first pay to the System an amount equal to the increase in the present value of the future benefits resulting from the State policeman's election to retire in accordance with the provisions. Provides that a State policeman or conservation police officer may elect to convert service credit earned under the Article or, for certain types of service, elect to establish eligible creditable service under the alternative retirement annuity provisions by filing a written election with the board and paying to the System a specified amount. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Amends the Cannabis Regulation and Tax Act. Makes a technical change in a Section concerning the short title.