IL SB1990 | 2009-2010 | 96th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that annual revenues in excess of the budget for a redevelopment project area must be returned to the affected taxing districts. Provides that all redevelopment project areas must be approved by a majority vote of each county board and the governing authorities of the other taxing districts with boundaries that overlap the proposed redevelopment project area. Requires a municipality to create a citizen review panel for any redevelopment project area created by a municipality. Provides that a municipality must seek the advice of the citizen review panel concerning the budget and goals for redevelopment project areas.
Title
TIF-BUDGET-CITIZEN REVIEW
Sponsors
History
Date | Chamber | Action |
---|---|---|
2009-03-13 | Rule 3-9(a) / Re-referred to Assignments | |
2009-03-12 | To Revenue Subcommittee on Property Taxes | |
2009-03-04 | Assigned to Revenue | |
2009-02-20 | Referred to Assignments | |
2009-02-20 | First Reading | |
2009-02-20 | Filed with Secretary by Sen. Michael Noland |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1990&GAID=10&DocTypeID=SB&SessionID=76&GA=96 |
Text | https://www.ilga.gov/legislation/96/SB/09600SB1990.htm |