Illinois Senate Bill 2298 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2022-11-15 - Added as Chief Co-Sponsor Sen. Mattie Hunter
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Adds two factors to the determination of a "blighted area" for improved, industrial, commercial, and residential buildings or improvements: (i) if the redevelopment project area has had an annual average unemployment rate of at least 120% of the State's annual average unemployment rate; and (ii) if the redevelopment project area has a poverty rate of at least 20%, 50% or more of children in the redevelopment project area participate in the federal free lunch program, or 20% or more households in the redevelopment project area receive food stamps. Removes or modifies various factors from the definitions of "blighted area" and "conservation area" for improved and vacant areas. Provides that a new redevelopment project shall have a completion date no later than December 31st of the 10th year after the ordinance was adopted (rather than the 23rd year) and may be extended to 15 years (rather than 35 years). Provides that the joint review board and municipality shall approve surplus funds and extensions of redevelopment project area completion dates. Provides that surplus funds shall be distributed annually within 90 days (rather than 180 days) after the close of a municipality's fiscal year. Provides that a new or modified redevelopment project area that overlaps with any existing redevelopment project area shall not be approved. Effective July 1, 2021.

TIF/REDEVELOPMENT PROJECT AREA

Sen. Ann Gillespie [D]

Sen. Melinda Bush [D]

Sen. Mattie Hunter [D]

Date	Chamber	Action
2022-11-15	Senate	Added as Chief Co-Sponsor Sen. Mattie Hunter
2022-05-10	Senate	Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2022-02-25	Senate	Rule 3-9(a) / Re-referred to Assignments
2022-02-24	Senate	Sponsor Removed Sen. Doris Turner
2022-02-22	Senate	Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-8 (b-1), the following amendments will remain in the Committee on Assignments.
2022-02-18	Senate	Senate Floor Amendment No. 2 Referred to Assignments
2022-02-18	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Ann Gillespie
2022-02-15	Senate	Added as Chief Co-Sponsor Sen. Doris Turner
2022-01-26	Senate	Senate Floor Amendment No. 1 Assignments Refers to Revenue
2022-01-20	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2022-01-20	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Ann Gillespie
2022-01-11	Senate	Placed on Calendar Order of 3rd Reading January 18, 2022
2022-01-11	Senate	Approved for Consideration Assignments
2021-05-21	Senate	Rule 3-9(a) / Re-referred to Assignments
2021-05-07	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 21, 2021
2021-04-30	Senate	Rule 2-10 Third Reading Deadline Established As May 7, 2021
2021-04-23	Senate	Rule 2-10 Third Reading Deadline Established As April 30, 2021
2021-04-21	Senate	Placed on Calendar Order of 3rd Reading April 22, 2021
2021-04-21	Senate	Second Reading
2021-04-15	Senate	Added as Chief Co-Sponsor Sen. Melinda Bush
2021-04-15	Senate	Placed on Calendar Order of 2nd Reading April 20, 2021
2021-04-15	Senate	Do Pass Revenue; 009-000-000
2021-03-23	Senate	Assigned to Revenue
2021-02-26	Senate	Referred to Assignments
2021-02-26	Senate	First Reading
2021-02-26	Senate	Filed with Secretary by Sen. Ann Gillespie

Chapter	Article	Section	Citation Type	Statute Text
65	5	11-74.4-3	Amended Code	Citation Text
65	5	11-74.4-3.5	Amended Code	Citation Text
65	5	11-74.4-5	Amended Code	Citation Text
65	5	11-74.4-7	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2298&GAID=16&DocTypeID=SB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/SB/10200SB2298.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB2298sam001.htm
Amendment	https://www.ilga.gov/legislation/102/SB/10200SB2298sam002.htm