Bill Title: Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF district created by an ordinance that was adopted on September 17, 1986 by the Village of Sherman must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Makes revisory changes. Contains a non-acceleration clause. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Passed) 2009-12-04 - Public Act . . . . . . . . . 96-0830 [SB0227 Detail]

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Bill Drafts

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Enrolled	Not Avail	HTML/Text	Link	View
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Introduced	Not Avail	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB0227

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB0227 currently on file.