Bill Amendment: IL SB1391 | 2023-2024 | 103rd General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: TIF/REDEVELOPMENT PROJECT AREA
Status: 2024-03-22 - Added as Co-Sponsor Sen. Laura Ellman [SB1391 Detail]
Download: Illinois-2023-SB1391-Senate_Amendment_001.html
Bill Title: TIF/REDEVELOPMENT PROJECT AREA
Status: 2024-03-22 - Added as Co-Sponsor Sen. Laura Ellman [SB1391 Detail]
Download: Illinois-2023-SB1391-Senate_Amendment_001.html
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1 | AMENDMENT TO SENATE BILL 1391
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2 | AMENDMENT NO. ______. Amend Senate Bill 1391 by replacing | ||||||
3 | line 26 on page 62 through line 3 on page 63 with the | ||||||
4 | following: | ||||||
5 | " before June 30, 2023, (ii) in the 25th calendar year after the | ||||||
6 | year in which the ordinance approving the redevelopment | ||||||
7 | project area was adopted if the ordinance was adopted on or | ||||||
8 | before June 30, 2023 and if a reference to that ordinance is | ||||||
9 | added to this Section on or after July 1, 2023, and (iii) in | ||||||
10 | the 22nd calendar year after the year in which the ordinance | ||||||
11 | approving the redevelopment project area was adopted if the | ||||||
12 | ordinance was adopted on or after July 1, 2023 and if a | ||||||
13 | reference to that ordinance is added to this Section on or | ||||||
14 | after July 1, 2023 :"; and
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15 | by replacing line 24 on page 84 through line 19 on page 85 with | ||||||
16 | the following: | ||||||
17 | " On or after the effective date of this amendatory Act of |
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1 | the 103rd General Assembly, before the completion date may be | ||||||
2 | extended under this subsection, the joint review board created | ||||||
3 | under subsection (b) of Section 11-74.4-5 shall convene and | ||||||
4 | issue a written report describing its decision whether or not | ||||||
5 | to extend the completion date of the redevelopment project | ||||||
6 | area. Each member of the joint review board must agree, with | ||||||
7 | written support, to the extension and length of the extension | ||||||
8 | of the completion date of the redevelopment project area in | ||||||
9 | order for the redevelopment project area to be extended. The | ||||||
10 | municipality shall give at least 90 days' written notice to | ||||||
11 | the taxing bodies before the adoption of the ordinance | ||||||
12 | approving the extension of the completion date. If the joint | ||||||
13 | review board does not file a report, it shall be presumed that | ||||||
14 | the taxing bodies approve the extension of the life of the | ||||||
15 | redevelopment project area. "; and
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16 | on page 87, line 14, by deleting " on or before June 30, 2023 "; | ||||||
17 | and
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18 | on page 89, immediately below line 4, by inserting the | ||||||
19 | following: | ||||||
20 | " Dates may not be extended under this subsection after | ||||||
21 | June 30, 2023. "; and
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22 | on page 94, by replacing lines 20 through 23 with the | ||||||
23 | following: |
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1 | " nonvoting members of the board (i) a representative from a | ||||||
2 | business association, defined for purposes of this item as a | ||||||
3 | 501(c)(3), 501(c)(4), or 501(c)(6) organization whose primary | ||||||
4 | mission is local small business development and primary | ||||||
5 | revenue is derived from membership dues, appointed by a | ||||||
6 | majority of members of the joint review board and (ii) each | ||||||
7 | township highway commissioner ";
and
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8 | on page 130, by replacing lines 2 through 16 with "then".
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