IL SB2164 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Business Improvement District Law. Provides for the establishment of business improvement districts by a county or municipality by ordinance after petition of a percentage of property owners or business owners, creation of a district plan, notice, and hearings. Provides that a business improvement district may impose district charges on property owners whose real properties are located within the business improvement district or on businesses within a business improvement district. Provides that the county or municipality shall contract with a district management association to administer or implement activities and improvements specified in the district plan. Contains provisions relating to district plans, formation of a district, district boundaries, issuance of bonds, terms and renewal of districts, amendment to district plans, governance of the district, reports of a district management association, dissolution, and legislative purpose. Limits the concurrent exercise of home rule powers. Defines terms. Effective 120 days after becoming law.

Tracking Information

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Title

BUSINESS IMPROVEMENT DISTRICTS

Sponsors


History

DateChamberAction
2025-01-07SenateSession Sine Die
2023-03-31SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2023-03-31SenateRule 3-9(a) / Re-referred to Assignments
2023-03-28SenateSenate Committee Amendment No. 1 Assignments Refers to Executive
2023-03-23SenateSenate Committee Amendment No. 1 Referred to Assignments
2023-03-23SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Sara Feigenholtz
2023-03-21SenateRule 2-10 Committee Deadline Established As March 31, 2023
2023-03-21SenateAssigned to Executive
2023-02-10SenateReferred to Assignments
2023-02-10SenateFirst Reading
2023-02-10SenateFiled with Secretary by Sen. Sara Feigenholtz

Illinois State Sources


Bill Comments

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