Creates the Regulation of Intercity Buses Act. Includes provisions on legislative purpose. Defines terms. Includes requirements for intercity bus service, including landing zones, requirements for designated days and hours for loading or unloading passengers, and other requirements for loading and unloading passengers. Specifies penalties for violations of the Act. Limits the concurrent exercise of home rule powers. Provides that the corporate authorities of a non-home rule county or municipality may adopt ordinances to regulate the operations of intercity buses pertaining to the loading and unloading of passengers in a manner more restrictive than the regulation under this Act. Specifies examples of regulations that may be adopted. Includes restrictions on non-home rule county and municipal regulation of unscheduled intercity buses the designated days and hours during which intercity buses may load or unload passengers. Amends the Illinois Vehicle Code. In provisions regarding administrative fees and procedures for impounding vehicles for specified violations, provides that an ordinance establishing procedures for the release of properly impounded vehicles may impose fees for operation or use of a motor vehicle in violation of the Regulation of Intercity Buses Act. Effective immediately.