Bill Title: Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated dates of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on April 4, 2000 by the City of Joliet to create the Joliet City Center TIF District, but only if the City of Joliet and the Village of Elwood first reach a boundary agreement. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB3847 Detail]

Text: Latest bill text (Introduced) [HTML]

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