Establishes the Cost of Living Task Force to analyze and address rising living costs in Illinois.

The Cost of Living Task Force Act creates a task force to analyze factors increasing living costs in Illinois, including unemployment, groceries, housing, healthcare, utilities, transportation, and taxes. The task force will compare Illinois metrics to federal and peer state metrics, identify state programs for expansion or reform, meet with policy experts, and use data to advise on legislative reforms, private sector incentives, regulatory reforms, new funding avenues, tax reductions, and barriers to business affordability.

Establishes the Cost of Living Task Force to analyze and address rising living costs in Illinois.

The Cost of Living Task Force Act creates a task force to analyze factors increasing living costs in Illinois, including unemployment, groceries, housing, healthcare, utilities, transportation, and taxes. The task force will compare Illinois metrics to federal and peer state metrics, identify state programs for expansion or reform, meet with policy experts, and use data to advise on legislative reforms, private sector incentives, regulatory reforms, new funding avenues, tax reductions, and barriers to business affordability.