IL SB3436 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 4 2026 - 25% progression, died in committee
Action: 2026-05-22 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Capital City Redevelopment Zone Act. Sets forth qualifications for an area to be designated as a Capital City Redevelopment Zone. Provides procedures and requirements for the initiation of a Capital City Redevelopment Zone by a municipality. Requires a municipality that has adopted an ordinance designating an area as a Capital City Redevelopment Zone to apply to the Department of Commerce and Economic Opportunity for certification of the zone. Sets forth requirements for certification. Provides for procedures and requirements for the review of Capital City Redevelopment Zone applications and the certification, amendment, and decertification of a Capital City Redevelopment Zone. Provides for adoption of tax increment financing. Describes the powers and duties of the Department of Commerce and Economic Opportunity. Provides requirements for administration of a Capital City Redevelopment Zone. Provides requirements for notice of cessation of business operations for businesses within a Capital City Redevelopment Zone. Provides for an income tax deduction. Sets forth accounting requirements regarding tax exemptions and other benefits under the Act. Provides for a capital city construction jobs income tax credit. Specifies the requirements that apply to taxpayers seeking capital city construction job tax credits. Creates the Capital City Development Fund as a special fund in the State treasury. Provides for grants to eligible developers. Makes findings. Defines terms. Makes conforming changes. Adds references to the Capital City Redevelopment Zone Act in the Corporate Accountability for Tax Expenditures Act, the Illinois Income Tax Act, the Retailers' Occupation Tax Act, the Property Tax Code, and the Environmental Protection Act. Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

CAP CITY REDEVELOPMENT ZONE

Sponsors


History

DateChamberAction
2026-05-22SenateRule 3-9(a) / Re-referred to Assignments
2026-05-15SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
2026-04-24SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
2026-03-13SenateRule 2-10 Committee Deadline Established As April 24, 2026
2026-02-17SenateAssigned to Revenue
2026-02-04SenateReferred to Assignments
2026-02-04SenateFirst Reading
2026-02-04SenateFiled with Secretary by Sen. Doris Turner

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20605605-908New CodeSee Bill Text
207155Amended CodeCitation Text
22059-222.1Amended CodeCitation Text
301055.1038New CodeSee Bill Text
3510512Amended CodeCitation Text
3511012Amended CodeCitation Text
3511512Amended CodeCitation Text
351202-53New CodeSee Bill Text
3520018-170Amended CodeCitation Text
355201Amended CodeCitation Text
355203Amended CodeCitation Text
355221.5New CodeSee Bill Text
415558.13Amended CodeCitation Text
415558.14bNew CodeSee Bill Text

Illinois State Sources


feedback