Amends the Illinois Emergency Management Agency Act. Creates the Illinois Law Enforcement Alarm System and Mutual Aid Box Alarm System Surcharge Fund as a special fund in the State treasury. Provides that, beginning January 1, 2027, each wireless carrier shall impose and collect a monthly surcharge per CMRS connection, and each telecommunications carrier shall impose and collect a monthly surcharge per network connection. Provides that the monthly surcharge collected by the wireless and telecommunications carriers shall be deposited into the Illinois Law Enforcement Alarm System and Mutual Aid Box Alarm System Surcharge Fund. Sets forth the requirements for use of and disbursements from the Fund. Provides that the Fund shall be administered by the Illinois Emergency Management Agency and Office of Homeland Security. Allows the Illinois Emergency Management Agency and Office of Homeland Security to adopt rules necessary to implement these provisions, including rules establishing the application, reporting, and audit requirements for recipients of distributions from the Fund. Repeals the provision on January 1, 2037. Makes conforming changes to the State Finance Act. Effective immediately.