Lou Lang
- Democratic
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority has the power to purchase special service area bonds and to accept assignments or pledges, or both, of special service area bonds or agreements relating to public and private green special service area projects. Amends the Special Service Area Tax Law in the Property Tax Code. Provides that the corporate authorities of a county or a municipality may establish a green special service area. Provides that those green special service areas shall include only property for which each owner of record has executed a contract or agreement with the county or municipality consenting to the inclusion of the property within the green special service area. Provides that the owner of record of each parcel of property within a green special service area may arrange for specific energy efficiency improvements, renewable energy improvements, or water use improvements and may obtain financing for those improvements through the process set forth in the ordinance establishing the green special service area. Provides that counties and municipalities may levy property taxes in connection with green special service areas. Provides that counties and municipalities may issue bonds in connection with green special service areas and may sell, assign, or pledge those bonds to the Illinois Finance Authority. Amends the Counties Code and the Illinois Municipal Code to provide that each county or municipality shall have the power and authority to engage in specified activities that relate to green special service areas. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
To Property Tax Subcommittee
Assigned to Revenue & Finance Committee
House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 3 Rule 19(a) / Re-referred to Rules Committee
Final Action Deadline Extended-9(b) May 31, 2013
To Property Tax Subcommittee
Added Chief Co-Sponsor Rep. Cynthia Soto
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 3 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 3 Filed with Clerk by Rep. Lou Lang
Final Action Deadline Extended-9(b) May 24, 2013
Assigned to Revenue & Finance Committee
House Committee Amendment No. 3 Referred to Rules Committee
House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
House Committee Amendment No. 2 Referred to Rules Committee
House Committee Amendment No. 2 Filed with Clerk by Rep. Lou Lang
House Committee Amendment No. 1 Referred to Rules Committee
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Prefiled with Clerk by Rep. Lou Lang
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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House Amendment 003 | |
House Amendment 002 | |
House Amendment 001 |
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