IL HB4560 | 2015-2016 | 99th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 24)
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-02-08 - Added Co-Sponsor Rep. Frances Ann Hurley
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Municipal Code. Provides that municipalities which contain a financially distressed school district with a population in its district of greater than 1,000,000 must annually calculate and distribute their distressed surplus funds. Further provides that municipalities with a financially distressed school district shall also submit to the State Comptroller and taxing districts in a tax increment financing redevelopment project area calculation of reporting year a calculation of contractual obligations and distressed surplus funds. Defines terms. Amends the School Code. Provides that a financially distressed school district must notify the municipalities within the school district's boundaries of its status as a financially distressed school district. Effective immediately.

Tracking Information

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Title

MUNI CD-TIF-DISTRESSED FUNDS

Sponsors


History

DateChamberAction
2016-02-08HouseAdded Co-Sponsor Rep. Frances Ann Hurley
2016-01-28HouseAdded Co-Sponsor Rep. Kenneth Dunkin
2016-01-28HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
2016-01-28HouseAdded Co-Sponsor Rep. Camille Y. Lilly
2016-01-28HouseAdded Co-Sponsor Rep. Sonya M. Harper
2016-01-28HouseAdded Co-Sponsor Rep. Christian L. Mitchell
2016-01-28HouseAdded Co-Sponsor Rep. Kathleen Willis
2016-01-28HouseAdded Co-Sponsor Rep. Emanuel Chris Welch
2016-01-28HouseAdded Co-Sponsor Rep. Silvana Tabares
2016-01-28HouseAdded Co-Sponsor Rep. Rita Mayfield
2016-01-28HouseAdded Co-Sponsor Rep. Robert Martwick
2016-01-28HouseAdded Co-Sponsor Rep. Will Guzzardi
2016-01-28HouseAdded Co-Sponsor Rep. Robyn Gabel
2016-01-28HouseAdded Co-Sponsor Rep. Mary E. Flowers
2016-01-28HouseAdded Co-Sponsor Rep. Monique D. Davis
2016-01-28HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
2016-01-28HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
2016-01-28HouseAdded Co-Sponsor Rep. Sara Feigenholtz
2016-01-28HouseAdded Co-Sponsor Rep. Ann M. Williams
2016-01-28HouseAdded Chief Co-Sponsor Rep. Arthur Turner
2016-01-28HouseAdded Chief Co-Sponsor Rep. Gregory Harris
2016-01-28HouseAdded Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
2016-01-28HouseAdded Chief Co-Sponsor Rep. Elgie R. Sims, Jr.
2016-01-27HouseReferred to Rules Committee
2016-01-27HouseFirst Reading
2016-01-27HouseFiled with the Clerk by Rep. Barbara Flynn Currie

Code Citations

ChapterArticleSectionCitation TypeStatute Text
105534-21.9New CodeSee Bill Text
65511-74.4-3Amended CodeCitation Text
65511-74.4-5Amended CodeCitation Text
65511-74.4-7Amended CodeCitation Text

Illinois State Sources


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