Comments: IL SB1814 | 2021-2022 | 102nd General Assembly

Bill Title: Reinserts the provisions of the engrossed bill with the following changes: extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on February 4, 2008 by the City of Polo; and creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) after the adoption of the ordinance of December 23, 1986 by the City of Beardstown if the City of Beardstown adopts an ordinance extending the completion date of the redevelopment project area to 47 years and provides notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2021-06-02 - Rule 19(a) / Re-referred to Rules Committee [SB1814 Detail]

Text: Latest bill text (Engrossed) [HTML]

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