HB 4536

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Tif-Village Of Sherman

Abstract

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) after the adoption of the ordinance of September 17, 1986 by the Village of Sherman. Requires adoption of an ordinance extending the completion date and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

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Feb 05, 2020

House

First Reading

House

Referred to Rules Committee

Feb 04, 2020

House

Filed with the Clerk by Rep. Tim Butler

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