Bill Title: Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that any private individual or entity that receives benefits under this Act for the purpose of originating, locating, maintaining, rehabilitating, or expanding a business facility and that abandons or relocates its facility in violation of the agreement shall pay to the municipality an amount equal to the prorated value of the benefit.

Spectrum: Slight Partisan Bill (Democrat 9-4)

Status: (Passed) 2009-08-11 - Public Act . . . . . . . . . 96-0324 [HB4326 Detail]

Text: Latest bill text (Enrolled) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Careen Gordon [D]	Sponsor	Sponsored Bills	HD-075	FollowTheMoney	Ballotpedia	VoteSmart
Representative Rosemary Mulligan [R]	Sponsor	Sponsored Bills	HD-065	FollowTheMoney	Ballotpedia	VoteSmart
Representative Lisa Dugan [D]	Sponsor	Sponsored Bills	HD-079	FollowTheMoney	Ballotpedia	VoteSmart
Representative Linda LaVia [D]	Sponsor	Sponsored Bills	HD-083	FollowTheMoney	Ballotpedia	VoteSmart
Representative Kevin Joyce [D]	Sponsor	Sponsored Bills	HD-035	FollowTheMoney	Ballotpedia	VoteSmart
Representative Keith Farnham [D]	Sponsor	Sponsored Bills	HD-043	FollowTheMoney	Ballotpedia	VoteSmart
Representative Kathleen Ryg [D]	Sponsor	Sponsored Bills	HD-059	FollowTheMoney	Ballotpedia	VoteSmart
Representative Karen May [D]	Sponsor	Sponsored Bills	HD-058	FollowTheMoney	Ballotpedia	VoteSmart
Representative John Fritchey [D]	Sponsor	Sponsored Bills	HD-011	FollowTheMoney	Ballotpedia	VoteSmart
Representative Jack Franks [D]	Sponsor	Sponsored Bills	HD-063	FollowTheMoney	Ballotpedia	VoteSmart
Representative Elizabeth Coulson [R]	Sponsor	Sponsored Bills	HD-017	FollowTheMoney	Ballotpedia	VoteSmart
Representative Donald Moffitt [R]	Sponsor	Sponsored Bills	HD-074	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sandy Cole [R]	Sponsor	Sponsored Bills	HD-062	FollowTheMoney	Ballotpedia	VoteSmart

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