HB 1646

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Muni Cd-Tif Revenue

Abstract

Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that moneys in the special tax allocation fund may be used to make distributions to certain taxing districts. Provides that moneys received from the additional distributions may be used by the affected taxing district to pay debt service on obligations incurred by the taxing district and to provide property tax relief. Effective immediately.

Bill Sponsors (2)

Votes


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Actions


Apr 05, 2024

House

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

Mar 08, 2024

House

To Revenue - Property Tax Subcommittee

Feb 28, 2024

House

Assigned to Revenue & Finance Committee

Mar 16, 2023

House

Added Co-Sponsor Rep. Chris Miller

Mar 10, 2023

House

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

Feb 23, 2023

House

To Revenue - Property Tax Subcommittee

Feb 15, 2023

House

Assigned to Revenue & Finance Committee

Feb 01, 2023

House

Filed with the Clerk by Rep. Blaine Wilhour

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

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Sources

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