Bill Title: Amends the Business District Development and Redevelopment Law. Provides that a municipality may utilize revenues received under this Law from one business district for eligible costs in another business district that is: (A) contiguous to the business district from which the revenues are received; (B) separated only by a public right of way from the business district from which the revenues are received; or (C) separated only by forest preserve property from the business district from which the revenues are received if the closest boundaries of the business districts that are separated by the forest preserve property are less than one mile apart.

Spectrum: Slight Partisan Bill (Democrat 7-3)

Status: (Passed) 2015-08-24 - Public Act . . . . . . . . . 99-0452 [HB3556 Detail]

Text: Latest bill text (Chaptered) [HTML]

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