IL HB5931 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 17 2018 - 25% progression
Action: 2018-07-17 - Filed with the Clerk by Rep. Allen Skillicorn
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that new redevelopment project areas may not be established under the Act until 2 years after the effective date of the amendatory Act. Repeals the provisions 2 years after the effective date of the amendatory Act. Effective immediately.

Tracking Information

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Title

TIF 2-YEAR MORATORIUM

Sponsors


History

DateChamberAction
2018-07-17HouseFiled with the Clerk by Rep. Allen Skillicorn

Code Citations

ChapterArticleSectionCitation TypeStatute Text
65511-74.4-13New CodeSee Bill Text

Illinois State Sources


Bill Comments

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