Illinois Senate Bill 1035 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]

Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that any ordinance adopting tax increment financing on or after the effective date of the amendatory Act shall specify a date for the dissolution of the special tax allocation fund and a date for the termination of the designation of the redevelopment project area. Provides that, within 90 days after the effective date of the amendatory Act, each municipality shall amend all existing tax increment financing ordinances to specify a date for the dissolution of the special tax allocation fund and a date for termination of the designation of the redevelopment project area. Provides that municipalities shall notify affected taxing districts of the termination of redevelopment project areas by July 1 (currently, November 1) of the calendar year in which the redevelopment project area is terminated. Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that, if a municipality has failed to provide timely notice to all taxing bodies of the termination of a redevelopment project area and the county clerk has been notified of that failure, then "recovered tax increment value" means the amount of the current year's equalized assessed value in the first year beginning at least 60 days after the notice has been provided.

TIF-PTELL-VARIOUS

Sen. Chuck Weaver [R]

Rep. James Durkin [R]

2019-04-12 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2019-06-28	House	Rule 19(a) / Re-referred to Rules Committee
2019-05-31	House	Final Action Deadline Extended-9(b) June 30, 2019
2019-05-24	House	Final Action Deadline Extended-9(b) May 31, 2019
2019-05-22	House	Held on Calendar Order of Second Reading - Short Debate
2019-05-22	House	Second Reading - Short Debate
2019-05-09	House	Placed on Calendar 2nd Reading - Short Debate
2019-05-09	House	Do Pass / Short Debate Revenue & Finance Committee; 015-000-000
2019-04-30	House	Assigned to Revenue & Finance Committee
2019-04-30	House	Referred to Rules Committee
2019-04-30	House	First Reading
2019-04-15	House	Chief House Sponsor Rep. Jim Durkin
2019-04-15	House	Arrived in House
2019-04-12	Senate	Third Reading - Passed; 053-000-000
2019-04-12	Senate	Placed on Calendar Order of 3rd Reading
2019-04-12	Senate	Senate Floor Amendment No. 1 Adopted; Weaver
2019-04-12	Senate	Recalled to Second Reading
2019-04-10	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Revenue; 008-000-000
2019-04-09	Senate	Senate Floor Amendment No. 1 Assignments Refers to Revenue
2019-04-04	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2019-04-04	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Chuck Weaver
2019-04-01	Senate	Chief Sponsor Changed to Sen. Chuck Weaver
2019-03-07	Senate	Placed on Calendar Order of 3rd Reading March 12, 2019
2019-03-07	Senate	Second Reading
2019-03-06	Senate	Placed on Calendar Order of 2nd Reading March 7, 2019
2019-03-06	Senate	Do Pass Executive; 016-000-000
2019-02-20	Senate	Assigned to Executive
2019-01-31	Senate	Referred to Assignments
2019-01-31	Senate	First Reading
2019-01-31	Senate	Filed with Secretary by Sen. William E. Brady

Chapter	Article	Section	Citation Type	Statute Text
70	518	5	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1035&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB1035.htm
Text	https://www.ilga.gov/legislation/101/SB/10100SB1035eng.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB1035sam001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/101/senate/10100SB1035_04122019_020000T.pdf