Amends the Cigarette Machine Operators' Occupation Tax Act, the Cigarette Tax Act, the Cigarette Use Tax Act, and the Tobacco Products Tax Act of 1995. Makes changes concerning applications for various licenses under those Acts. Provides that, beginning on July 1, 2027, applicants are no longer required to file a bond with their application. Makes changes concerning persons who are prohibited from receiving those licenses. Makes changes concerning hearings regarding contraband cigarettes and the destruction of contraband cigarettes.

Amends the Illinois Insurance Code. In provisions requiring policies of group accident and health insurance to provide coverage for certain examination and testing services provided to a victim of specified criminal offenses, prohibits the policy from imposing a deductible, coinsurance, copayment, or any other cost-sharing requirement on the coverage provided, except to the extent that the coverage would disqualify a high-deductible health plan from eligibility for a health savings account under the Internal Revenue Code. Effective January 1, 2027.

Appropriates $5,000,000 from the General Revenue Fund to the Department of Human Services for Assisted Outpatient Treatment related projects. Effective July 1, 2026.

Amends the Counties Code. In provisions concerning county law libraries, provides that county law libraries shall be open whenever the court house is open, unless the law library is closed based on operational necessity or as determined by the county board. Authorizes other appropriate county offices (rather than only the county treasurer) to retain fees and charges of the clerk in a County Law Library Fund and disburse those funds when ordered to do so.

Amends the Illinois Enterprise Zone Act. Provides that, if a municipality has adopted an enterprise zone pursuant to the Act and subsequently establishes a redevelopment project area pursuant to the Tax Increment Allocation Redevelopment Act, the municipality may provide for a partial abatement of taxes for property located within both the enterprise zone and the redevelopment project area. Provides that, if a municipality has established a redevelopment project area pursuant to Tax Increment Allocation Redevelopment Act and subsequently adopts an enterprise zone that includes property within the redevelopment project area, the municipality may provide for a partial abatement of taxes for property located within both the enterprise zone and the redevelopment project area. Amends the Statewide Innovation Development and Economy Act. Provides that certain local hotel taxes are considered local taxes for purposes of the Act.

Amends the Illinois Income Tax Act. Repeals provisions concerning the enhanced bonus depreciation deduction. Effective immediately.

Amends the State Finance Act. Changes the name of the Death Penalty Abolition Fund to the Death Penalty Restoration Fund. Amends the Criminal Code of 2012. Permits the imposition of the death penalty for first degree murder, criminal sexual assault, aggravated criminal sexual assault, predatory criminal sexual assault of a child, criminal sexual abuse, with the exception of certain offenses committed by persons under 17 years of age and those in which the victim is at least 13 years of age and under 17 years of age and the defendant is less than 5 years older than the victim, or aggravated criminal sexual abuse. Amends the Code of Criminal Procedure of 1963. Eliminates the provision that abolished the death penalty on July 1, 2011. Amends the Unified Code of Corrections to make conforming changes.

Amends the Environmental Protection Act. Repeals the definition of "food scrap"; adds definitions for "anaerobic digestion", "biogas", "digestate", "food waste", "organic material", and "organic waste"; and updates the definitions of "compost" and "composting". In provisions regarding pollution control facilities, includes a new exemption for portions of sites or facilities used for composting or anaerobic digestion of organic waste that meet specified siting, setback, floodplain, and operational requirements. In provisions regarding prohibited acts, establishes permitting requirements for organic waste composting operations and organic waste anaerobic digesters, and creates exemptions for small-scale and certain farm-based composting operations that meet volume limits, setback distances, and other environmental safeguards. Provides that anaerobic digesters using only non-waste feedstock are exempt from solid waste permitting and clarifies that digested material returned to the economic mainstream is not regulated as waste. Authorizes the Environmental Protection Agency to recommend, and the Pollution Control Board to adopt, performance standards for organic waste compost facilities and testing procedures for end-product compost, and requires a Technical Advisory Committee with balanced stakeholder representation. Specifies that standards apply to compost offered for sale or use and exempts on-site residential composting. Makes conforming changes throughout to integrate new definitions and regulatory requirements.

Amends the Property Tax Code. Provides that, for taxable years 2027 and thereafter, the maximum reduction for the general homestead exemption in all counties shall be the maximum reduction for the immediately preceding taxable year, increased by the percentage increase, if any, in the Consumer Price Index during the 12-month period ending on September 30 of the immediately preceding taxable year. Effective immediately.

Appropriates $1,000,000 to the Illinois Community College Board for the purpose of implementing the Community College Economic Empowerment Act. Effective July 1, 2026.

Amends the State Finance Act. Provides that the State Comptroller, in coordination with the State Board of Education, shall establish and administer a program under which eligible school districts located in Cook County may receive interest-free loans from the State Treasury to address cash flow shortages caused by the delayed issuance of property tax bills by the Cook County Treasurer. Provides that a school district shall be eligible for a loan if the Cook County Treasurer fails to issue property tax bills by the statutory deadline under the Property Tax Code, the failure results in a delay in the receipt of property tax revenues, and the State Board of Education certifies that the district has experienced or will immediately experience a cash flow deficit as a result of the delay. Provides that the loans shall be limited to the amount necessary to maintain essential operations and shall bear no interest to the borrowing district. Provides that the term for a loan shall not exceed 12 months, and that the loan shall repaid in full upon receipt of delayed property tax revenues. Provides that the Cook County shall reimburse the State Treasury for the full amount of interest income lost by the State on any loan. Effective immediately.

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that diapers for use by infants, children, or adults are exempt from the taxes under the Acts. Effective immediately.

Creates the 340B Integrity Act. Defines terms. Provides that, beginning January 1, 2027, 340B covered entities shall not bill any medical assistance fee-for-service or medical assistance managed care programs under the Illinois Public Aid Code for 340B drugs. Provides that, beginning July 1, 2026 a 340B covered entity shall use 80% of 340B profits from the prior year to decrease at the point of sale, including at the 340B contract pharmacy, the out-of-pocket costs paid for 340B drugs that are dispensed or administered to low-income patients of the 340B covered entity. Provides that, on or before September 1, 2026, and on or before September 1 of each year thereafter, each 340B covered entity shall annually report to the Department of Insurance, with respect to the 340B covered entity and separately for each offsite outpatient facility associated with the 340B covered entity, the specified information about the prior year. Provides that, on or before December 31, 2026, the Department of Central Management Services shall submit a report to the General Assembly on any impact to the State employee health plan arising from 340B covered entity purchases, 340B contract pharmacy arrangements, and general practices related to 340B drugs, regardless of whether the 340B drugs were self-administered or provider-administered. Provides that the report shall include, but not be limited to, an analysis of foregone rebates, the impact on premiums, and the impact to State employee out-of-pocket costs. Provides that, on or before December 31, 2026, the Department of Healthcare and Family Services shall report to the General Assembly on certain items for total aggregated covered outpatient drug units dispensed or administered in the State for the prior calendar year in connection with the medical assistance program under the Illinois Public Aid Code, broken out by fee-for-service and by each managed care plan. Makes other changes. Effective immediately.

Creates the Student-Athlete Fairness and Education (SAFE) Act. Requires each public high school to ensure student-athletes receive substance education annually for at least 30 minutes per school year. Sets forth how substance education sessions may be given and what substance education sessions may cover. Provides protection for students with regard to questions or disclosures during substance education sessions and any request for assistance. Requires schools to inform parents of substance education sessions. Allows parents to opt their student-athletes out of substance education sessions for religious or philosophical reasons. Provides that no State reimbursement is required for the implementation of the Act. Sets forth certification requirements in offering substance education. Establishes optional best practices for offering substance education. Includes provisions regarding review of substance education by the State Board of Education and review of the Act by the General Assembly. Makes other changes. Effective January 1, 2027.

Congratulates Bob Sehring on his retirement as chief executive officer of OSF HealthCare. Thanks him for his years of service and dedication to the organization.