FOID Card will be valid for 10yrs.

Effective June 1, 2008 FOID Cards valid for 10yrs. fee increased to $10.

"(430 ILCS 65/5) (from Ch. 38, par. 83-5)
Sec. 5. The Department of State Police shall either approve
or deny all applications within 30 days from the date they are
received, and every applicant found qualified pursuant to
Section 8 of this Act by the Department shall be entitled to a
Firearm Owner's Identification Card upon the payment of a $10
$5 fee. $6 $3 of each fee derived from the issuance of Firearm
Owner's Identification Cards, or renewals thereof, shall be
deposited in the Wildlife and Fish Fund in the State Treasury;
$1 of such fee shall be deposited in the State Police Services
Fund and $3 $1 of such fee shall be deposited in the Firearm
Owner's Notification Fund. Monies in the Firearm Owner's
Notification Fund shall be used exclusively to pay for the cost
of sending notices of expiration of Firearm Owner's
Identification Cards under Section 13.2 of this Act. Excess
monies in the Firearm Owner's Notification Fund shall be used

to ensure the prompt and efficient processing of applications
received under Section 4 of this Act.
(Source: P.A. 94-353, eff. 7-29-05.)

(430 ILCS 65/7) (from Ch. 38, par. 83-7)
Sec. 7. Except as provided in Section 8 of this Act, a
Firearm Owner's Identification Card issued under the
provisions of this Act shall be valid for the person to whom it
is issued for a period of 10 5 years from the date of issuance.
(Source: Laws 1967, p. 2600.)"- Public Act 095-0581

Full Text HERE.