Bill Amendment: IL SB2298 | 2021-2022 | 102nd General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: TIF/REDEVELOPMENT PROJECT AREA
Status: 2022-11-15 - Added as Chief Co-Sponsor Sen. Mattie Hunter [SB2298 Detail]
Download: Illinois-2021-SB2298-Senate_Amendment_002.html
Bill Title: TIF/REDEVELOPMENT PROJECT AREA
Status: 2022-11-15 - Added as Chief Co-Sponsor Sen. Mattie Hunter [SB2298 Detail]
Download: Illinois-2021-SB2298-Senate_Amendment_002.html
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| 1 | AMENDMENT TO SENATE BILL 2298
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 2298, AS AMENDED, | ||||||
| 3 | with reference to page and line numbers of Senate Amendment | ||||||
| 4 | No. 1, on page 19, by replacing lines 5 through 10 with the | ||||||
| 5 | following:
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| 6 | "used for the purpose of computing the limiting rate. The | ||||||
| 7 | denominator shall not include new property or the recovered | ||||||
| 8 | tax increment value. If a new rate, a rate";
and
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| 9 | on page 28, line 18, by changing "2 one" to "one"; and
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| 10 | on page 34, by replacing lines 8 and 9 with the following:
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| 11 | "plan or that the plan was not followed at the time of the | ||||||
| 12 | area's development. This factor must be documented by"; and
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| 13 | on page 47, line 17, after the period, by inserting "A member | ||||||
| 14 | of the joint review board may not unreasonably withhold | ||||||
| 15 | support. If a taxing body believes another taxing body is | ||||||
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| 1 | unreasonably withholding support, the taxing body may send a | ||||||
| 2 | written objection to the Department of Revenue and the | ||||||
| 3 | Department of Revenue shall decide whether the taxing body | ||||||
| 4 | withholding support is doing so unreasonably based on the | ||||||
| 5 | criteria set forth in Section 11-74.4-3. The Department of | ||||||
| 6 | Revenue shall provide the municipality written notice of its | ||||||
| 7 | decision as to whether the taxing body is unreasonably | ||||||
| 8 | withholding support within 90 days of receipt of the written | ||||||
| 9 | objection by the taxing body. If the Department of Revenue has | ||||||
| 10 | determined a taxing body unreasonably withheld support, then | ||||||
| 11 | the municipality shall not need the written support of that | ||||||
| 12 | taxing body to proceed."; and
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| 13 | on page 53, line 5, after the period, by inserting "A member of | ||||||
| 14 | the joint review board may not unreasonably withhold support. | ||||||
| 15 | If a taxing body believes another taxing body is unreasonably | ||||||
| 16 | withholding support, the taxing body may send a written | ||||||
| 17 | objection to the Department of Revenue and the Department of | ||||||
| 18 | Revenue shall decide whether the taxing body withholding | ||||||
| 19 | support is doing so unreasonably based on the criteria set | ||||||
| 20 | forth in Section 11-74.4-3. The Department of Revenue shall | ||||||
| 21 | provide the municipality written notice of its decision as to | ||||||
| 22 | whether the taxing body is unreasonably withholding support | ||||||
| 23 | within 90 days of receipt of the written objection by the | ||||||
| 24 | taxing body. If the Department of Revenue has determined a | ||||||
| 25 | taxing body unreasonably withheld support, then the | ||||||
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| 1 | municipality shall not need the written support of that taxing | ||||||
| 2 | body to proceed."; and
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| 3 | on page 111, line 11, after the period, by inserting "A member | ||||||
| 4 | of the joint review board may not unreasonably withhold | ||||||
| 5 | support. If a taxing body believes another taxing body is | ||||||
| 6 | unreasonably withholding support, the taxing body may send a | ||||||
| 7 | written objection to the Department of Revenue and the | ||||||
| 8 | Department of Revenue shall decide whether the taxing body | ||||||
| 9 | withholding support is doing so unreasonably based on the | ||||||
| 10 | criteria set forth in Section 11-74.4-3. The Department of | ||||||
| 11 | Revenue shall provide the municipality written notice of its | ||||||
| 12 | decision as to whether the taxing body is unreasonably | ||||||
| 13 | withholding support within 90 days of receipt of the written | ||||||
| 14 | objection by the taxing body. If the Department of Revenue has | ||||||
| 15 | determined a taxing body unreasonably withheld support, then | ||||||
| 16 | the municipality shall not need the written support of that | ||||||
| 17 | taxing body to proceed."; and
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| 18 | on page 112, line 16, before "highway" by inserting | ||||||
| 19 | "township"; and
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| 20 | on page 112, line 17, by replacing "area." with "area as a | ||||||
| 21 | nonvoting member of the joint review board."; and
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| 22 | on page 122, line 21, after the period, by inserting "A member | ||||||
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| 1 | of the joint review board may not unreasonably withhold | ||||||
| 2 | support. If a taxing body believes another taxing body is | ||||||
| 3 | unreasonably withholding support, the taxing body may send a | ||||||
| 4 | written objection to the Department of Revenue and the | ||||||
| 5 | Department of Revenue shall decide whether the taxing body | ||||||
| 6 | withholding support is doing so unreasonably based on the | ||||||
| 7 | criteria set forth in Section 11-74.4-3. The Department of | ||||||
| 8 | Revenue shall provide the municipality written notice of its | ||||||
| 9 | decision as to whether the taxing body is unreasonably | ||||||
| 10 | withholding support within 90 days of receipt of the written | ||||||
| 11 | objection by the taxing body. If the Department of Revenue has | ||||||
| 12 | determined a taxing body unreasonably withheld support, then | ||||||
| 13 | the municipality shall not need the written support of that | ||||||
| 14 | taxing body to proceed.".
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