Bill Title: Creates the Business Improvement District Law. Provides for the establishment of business improvement districts by a municipality by ordinance after petition by property owners, creation of a district plan, notice, and hearings. Provides that a business improvement district may impose district charges on property owners whose real properties are located within the business improvement district. Provides that the board of directors of a business improvement district shall administer or implement activities and improvements specified in the district plan unless the board contracts with a district management association to do so. Contains provisions relating to district plans, formation of a district, district boundaries, terms and renewal of districts, amendment to district plans, governance of the district, reports of the board of directors of a business improvement district, contesting the validity of a business improvement district, district plan, or district charge, dissolution, and legislative purpose. Provides that the Act applies only to municipalities having a population exceeding 500,000. Defines terms. Effective immediately.
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Passed) 2024-07-01 - Public Act . . . . . . . . . 103-0646
[SB3679 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Chaptered | 2024-07-01 | HTML/Text | Link | View |
Enrolled | 2024-05-23 | HTML/Text | Link | View |
Engrossed | 2024-04-12 | HTML/Text | Link | View |
Introduced | 2024-02-09 | HTML/Text | Link | View |
Amendments
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois SB3679 currently on file. |
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