Bill Title: Amends the Illinois Municipal Code. Creates a tax increment allocation financing extension for an ordinance adopted on February 11, 1991 by the Village of Machesney Park. Provides that any actions taken in reliance on the continuation of the redevelopment project set forth in such ordinance prior to the effective date of this amendatory Act of the 98th General Assembly are deemed valid. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Passed) 2014-08-26 - Public Act . . . . . . . . . 98-1064 [HB4286 Detail]

Text: Latest bill text (Chaptered) [HTML]

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