Amends the Arts Council Act. Requires the Illinois Arts Council, subject to appropriation, to establish a statewide arts and humanities initiative to capture current Illinois culture, values, and beauty. Specifies that the initiative shall begin on January 1, 2025 and shall end on December 31, 2025. Authorizes eligible applicants to submit art and humanities project ideas to the Council from July 1, 2024 through September 1, 2024. Allows the Illinois Arts Council to consult with the Illinois Humanities Council, Inc., and other arts and cultural institutions in the development of the initiative and to adopt any rules necessary to implement and administer the initiative. Effective immediately.