Illinois Senate Bill 3382 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Amends the Economic Development Area Tax Increment Allocation Act. Provides that no economic development area may be established or extended without the written approval of the taxing districts comprising a majority of the total amount of taxes extended within the economic development area in the previous taxable year. Provides that no direct or indirect rights or privileges conveyed to any corporation under an economic development plan or agreement may be transferred to a developer's successor entity without the express, written approval of each taxing district located within the economic development area. Provides that the portion of the taxes extended by a school district located in an economic development project area may not be paid into the special tax allocation fund without the express written permission of the school district. Provides that assets purchased by the Administrator to further the development of the economic development area may not be transferred out of the economic development area or otherwise used by the Administrator for development activities or services that are not related to the economic development area.

ECON DEVELOPMENT-NOTICE

Sen. Michael Noland [D]

Date	Chamber	Action
2013-01-08	Senate	Session Sine Die
2012-05-02	Senate	Senate Floor Amendment No. 1 Re-referred to Assignments
2012-05-02	Senate	Re-referred to Assignments
2012-03-27	Senate	Senate Floor Amendment No. 1 Held in Revenue
2012-03-26	Senate	Senate Floor Amendment No. 1 Assignments Refers to Revenue
2012-03-21	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2012-03-21	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Michael Noland
2012-03-08	Senate	Placed on Calendar Order of 2nd Reading March 21, 2012
2012-03-08	Senate	Do Pass Revenue; 007-000-003
2012-02-24	Senate	Assigned to Revenue
2012-02-07	Senate	Referred to Assignments
2012-02-07	Senate	First Reading
2012-02-07	Senate	Filed with Secretary by Sen. Michael Noland

Chapter	Article	Section	Citation Type	Statute Text
20	620	4	Amended Code	Citation Text
20	620	7.5	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3382&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/SB/09700SB3382.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB3382sam001.htm