HB 4166

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

Tif-Village Of Ohio

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 March 30, 1992 by the Village of Ohio. Requires adoption of an ordinance by the Village of Ohio extending the completion date of the redevelopment project area to 47 years and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

Bill Sponsors (1)

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Actions


Oct 18, 2023

House

First Reading

House

Referred to Rules Committee

Oct 12, 2023

House

Filed with the Clerk by Rep. Ryan Spain

Bill Text

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Introduced HTML PDF

Related Documents

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