Comments: IL SB3041 | 2025-2026 | 104th General Assembly

Bill Title: Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. 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 July, 31 2006 by the City of Spring Valley. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2026-05-22 - Rule 3-9(a) / Re-referred to Assignments [SB3041 Detail]

Text: Latest bill text (Introduced) [HTML]

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