Synopsis As Introduced Amends the Counties Code and Illinois Municipal Code. Provides that a county board, board of county commissioners, or corporate authorities of a municipality may, by resolution, waive or provide credit for any application or permit costs, fees or other licensing or registration costs for businesses, including, but not limited to, professional or business licensing, liquor licenses, construction, insurance, sales, builders, contractors, food service, delivery, repair, consultation, legal services, accounting, transportation, manufacturing, technology, assembly, tourism, entertainment, or any business, industry, or service the county or municipality is permitted by law to regulate or license. Provides that a waiver of business fees or costs shall be subject to an application or review process and a demonstration of need based upon any financial or logistical hardship as a result of the COVID-19 pandemic. Provides that any such waiver or credit shall not be construed to apply to any of the business and licensing costs of the State or any of its agencies or departments and is not an exemption from safety, health, or regulatory requirements or inspections of a county, municipality, or the State. Effective immediately.