HB 845

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Muni Cd-Tif-Completion Dates

Abstract

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that the estimated dates of completion of the redevelopment project and retirement of obligations issued to finance redevelopment project costs is the 15th calendar year (rather than the 23rd calendar year) after the year in which the ordinance approving the redevelopment project area was adopted for ordinances adopted on or after the effective date of the amendatory Act. Effective immediately.

Bill Sponsors (2)

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Jan 10, 2023

House

Session Sine Die

Apr 02, 2021

House

Added Co-Sponsor Rep. Chris Miller

Mar 27, 2021

House

Rule 19(a) / Re-referred to Rules Committee

Mar 11, 2021

House

To Property Tax Subcommittee

Mar 02, 2021

House

Assigned to Revenue & Finance Committee

Feb 10, 2021

House

Filed with the Clerk by Rep. Dan Ugaste

House

Referred to Rules Committee

House

First Reading

Bill Text

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