IL HB5457 | 2011-2012 | 97th General Assembly
Status
January 8 2013 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Text: Latest bill text (Amended) [HTML]
Summary
Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Property Tax Code. Requires the name and identification number of a redevelopment project area where the property is located and a State Internet website address with information on tax increment financing to be printed on specified bills. Amends the Illinois Municipal Code. Provides that on and after January 1, 2013, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting, daily charges for delinquent reports, times for filing reports, and extensions. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Makes other changes. Amends the School Code. Provides that for certain school districts, the calculated local property tax revenues per pupil shall include any surplus received by the school district in the previous year from a special tax allocation fund, as provided by the Tax Increment Allocation Redevelopment Act or the Industrial Jobs Recovery Law. Effective January 1, 2013.
Title
TIF ADMINISTRATORS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2012-05-31 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2012-05-30 | House | House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 005-004-000 |
| 2012-05-30 | House | House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee |
| 2012-05-29 | House | Final Action Deadline Extended-9(b) May 31, 2012 |
| 2012-05-29 | House | House Floor Amendment No. 3 Referred to Rules Committee |
| 2012-05-29 | House | House Floor Amendment No. 3 Filed with Clerk by Rep. John E. Bradley |
| 2012-05-25 | House | House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 |
| 2012-05-23 | House | House Floor Amendment No. 2 Referred to Rules Committee |
| 2012-05-23 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. John E. Bradley |
| 2012-05-22 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2012-05-22 | House | Second Reading - Short Debate |
| 2012-05-22 | House | Added Chief Co-Sponsor Rep. David Harris |
| 2012-05-22 | House | House Committee Amendment No. 1 Tabled Pursuant to Rule 40 |
| 2012-05-22 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2012-05-22 | House | Do Pass / Short Debate Revenue & Finance Committee; 008-001-000 |
| 2012-05-21 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2012-05-21 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. John E. Bradley |
| 2012-05-21 | House | Motion to Suspend Rule 25 - Prevailed by Voice Vote |
| 2012-05-21 | House | Motion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie |
| 2012-05-21 | House | Assigned to Revenue & Finance Committee |
| 2012-05-21 | House | Final Action Deadline Extended-9(b) May 29, 2012 |
| 2012-02-15 | House | Referred to Rules Committee |
| 2012-02-15 | House | First Reading |
| 2012-02-09 | House | Filed with the Clerk by Rep. John E. Bradley |
