Bill Text: IL HB0329 | 2015-2016 | 99th General Assembly | Introduced

Bill Title: Amends the Illinois Municipal Code. Creates a tax increment allocation financing extension for an ordinance adopted on July 1, 1995 by the Village of Caseyville. Makes technical changes. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB0329 Detail]

Download: Illinois-2015-HB0329-Introduced.html



 


99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0329
 
Introduced , by Rep. Jay Hoffman
 
SYNOPSIS AS INTRODUCED:





65 ILCS 5/11-74.4-3.5

 Amends the Illinois Municipal Code. Creates a tax increment allocation financing extension for an ordinance adopted on July 1, 1995 by the Village of Caseyville. Makes technical changes. Effective immediately.



LRB099 03880 AWJ 23896 b


FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 


HB0329LRB099 03880 AWJ 23896 b



1 AN ACT concerning local government.


2 Be it enacted by the People of the State of Illinois,

3represented in the General Assembly:



4 Section 5. The Illinois Municipal Code is amended by 
5changing Section 11-74.4-3.5 as follows:



6 (65 ILCS 5/11-74.4-3.5)


7 Sec. 11-74.4-3.5. Completion dates for redevelopment 
8projects.
9 (a) Unless otherwise stated in this Section, the estimated 
10dates of completion
of the redevelopment project and retirement 
11of obligations issued to finance
redevelopment project costs 
12(including refunding bonds under Section 11-74.4-7) may not be

13later than December 31 of the year in which the payment to the 
14municipal
treasurer, as provided in subsection (b) of Section 
1511-74.4-8 of this Act, is to
be made with respect to ad valorem 
16taxes levied in the 23rd
calendar year after the year in which 
17the ordinance approving the
redevelopment project area was 
18adopted if the ordinance was adopted on or after
January 15, 
191981.
20 (b) The estimated dates of completion of the redevelopment 
21project and retirement of obligations issued to finance 
22redevelopment project costs (including refunding bonds under 
23Section 11-74.4-7) may not be later than December 31 of the 
 
 
HB0329- 2 -LRB099 03880 AWJ 23896 b


1year in which the payment to the municipal treasurer as 
2provided in subsection (b) of Section 11-74.4-8 of this Act is 
3to be made with respect to ad valorem taxes levied in the 32nd 
4calendar year after the year in which the ordinance approving 
5the redevelopment project area was adopted if the ordinance was 
6adopted on September 9, 1999 by the Village of Downs. 
7 The estimated dates of completion
of the redevelopment 
8project and retirement of obligations issued to finance

9redevelopment project costs (including refunding bonds under 
10Section 11-74.4-7) may not be later than December 31 of the 
11year in which the payment to the municipal
treasurer as 
12provided in subsection (b) of Section 11-74.4-8 of this Act is 
13to
be made with respect to ad valorem taxes levied in the 33rd 
14calendar
year after the year in which the ordinance approving 
15the
redevelopment project area was adopted if the ordinance was 
16adopted on May 20, 1985 by the Village of Wheeling.
17 The estimated dates of completion of the redevelopment 
18project and retirement of obligations issued to finance 
19redevelopment project costs (including refunding bonds under 
20Section 11-74.4-7) may not be later than December 31 of the 
21year in which the payment to the municipal treasurer as 
22provided in subsection (b) of Section 11-74.4-8 of this Act is 
23to be made with respect to ad valorem taxes levied in the 28th 
24calendar year after the year in which the ordinance approving 
25the redevelopment project area was adopted if the ordinance was 
26adopted on October 12, 1989 by the City of Lawrenceville. 
 
 
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1 (c) The estimated dates of completion
of the redevelopment 
2project and retirement of obligations issued to finance

3redevelopment project costs (including refunding bonds under 
4Section 11-74.4-7) may not be later than December 31 of the 
5year in which the payment to the municipal
treasurer as 
6provided in subsection (b) of Section 11-74.4-8 of this Act is 
7to
be made with respect to ad valorem taxes levied in the 35th 
8calendar
year after the year in which the ordinance approving 
9the
redevelopment project area was adopted:
10  (1) If if the ordinance was adopted before January 15, 
11 1981. ;
12  (2) If if the ordinance was adopted in December 1983, 
13 April 1984, July 1985,
or December 1989. ;
14  (3) If if the ordinance was adopted in December 1987 
15 and the redevelopment
project is located within one mile of 
16 Midway Airport. ;
17  (4) If if the ordinance was adopted before January 1, 
18 1987 by a municipality in
Mason County. ;
19  (5) If if the municipality is subject to the Local 
20 Government Financial Planning
and Supervision Act or the 
21 Financially Distressed City Law. ;
22  (6) If if the ordinance was adopted in December 1984 by 
23 the Village of Rosemont. ;
24  (7) If if the ordinance was adopted on December 31, 
25 1986 by a municipality
located in Clinton County for which 
26 at least $250,000 of tax increment
bonds were authorized on 
 
 
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1 June 17, 1997, or if the ordinance was adopted on
December 
2 31, 1986 by a municipality with a population in 1990 of 
3 less than
3,600 that is located in a county with a 
4 population in 1990 of less than
34,000 and for which at 
5 least $250,000 of tax increment bonds were authorized
on 
6 June 17, 1997. ;
7  (8) If if the ordinance was adopted on October 5, 1982 
8 by the City of Kankakee, or if the ordinance was adopted on 
9 December 29, 1986 by East St. Louis. ;
10  (9) If if
the ordinance was adopted on November 12, 
11 1991 by the Village of Sauget. ;
12  (10) If if the ordinance was
adopted on February 11, 
13 1985 by the City of Rock Island. ;
14  (11) If if the ordinance was adopted before December 
15 18, 1986 by the City of
Moline. ;
16  (12) If if the ordinance was adopted in September 1988 
17 by Sauk Village. ;
18  (13) If if the ordinance was adopted in October 1993 by 
19 Sauk Village. ;
20  (14) If if the ordinance was adopted on December 29, 
21 1986 by the City of Galva. ;
22  (15) If if the ordinance was adopted in March 1991 by 
23 the City of Centreville. ;
24  (16) If if the ordinance was adopted on January 23, 
25 1991
by the City of East St. Louis. ;
26  (17) If if the ordinance was adopted on December 22, 
 
 
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1 1986 by the City of Aledo. ;
2  (18) If if the ordinance was adopted on February 5, 
3 1990 by the City of Clinton. ;
4  (19) If if the ordinance was adopted on September 6, 
5 1994 by the City of Freeport. ;
6  (20) If if the ordinance was adopted on December 22, 
7 1986 by the City of Tuscola. ;
8  (21) If if the ordinance was adopted on December 23, 
9 1986 by the City of Sparta. ;
10  (22) If if the ordinance was adopted on December 23, 
11 1986 by the City of
Beardstown. ;
12  (23) If if the ordinance was adopted on April 27, 1981, 
13 October 21, 1985, or
December 30, 1986 by the City of 
14 Belleville. ;
15  (24) If if the ordinance was adopted on December 29, 
16 1986 by the City of
Collinsville. ;
17  (25) If if the ordinance was adopted on September 14, 
18 1994 by the
City of Alton. ;
19  (26) If if the ordinance was adopted on November 11, 
20 1996 by the
City of Lexington. ;
21  (27) If if the ordinance was adopted on November 5, 
22 1984 by
the City of LeRoy. ;
23  (28) If if the ordinance was adopted on April 3, 1991 
24 or
June 3, 1992 by the City of Markham. ;
25  (29) If if the ordinance was adopted on November 11, 
26 1986 by the City of Pekin. ;
 
 
HB0329- 6 -LRB099 03880 AWJ 23896 b


1  (30) If if the ordinance was adopted on December 15, 
2 1981 by the City of Champaign. ;
3  (31) If if the ordinance was adopted on December 15, 
4 1986 by the City of Urbana. ;
5  (32) If if the ordinance was adopted on December 15, 
6 1986 by the Village of Heyworth. ;
7  (33) If if the ordinance was adopted on February 24, 
8 1992 by the Village of Heyworth. ;
9  (34) If if the ordinance was adopted on March 16, 1995 
10 by the Village of Heyworth. ;
11  (35) If if the ordinance was adopted on December 23, 
12 1986 by the Town of Cicero. ;
13  (36) If if the ordinance was adopted on December 30, 
14 1986 by the City of Effingham. ;
15  (37) If if the ordinance was adopted on May 9, 1991 by 
16 the Village of
Tilton. ;
17  (38) If if the ordinance was adopted on October 20, 
18 1986 by the City of Elmhurst. ;
19  (39) If if the ordinance was adopted on January 19, 
20 1988 by the City of
Waukegan. ;
21  (40) If if the ordinance was adopted on September 21, 
22 1998 by the City of
Waukegan. ;
23  (41) If if the ordinance was adopted on December 31, 
24 1986 by the City of Sullivan. ;
25  (42) If if the ordinance was adopted on December 23, 
26 1991 by the City of Sullivan. ;
 
 
HB0329- 7 -LRB099 03880 AWJ 23896 b


1  (43) If if the ordinance was adopted on December 31, 
2 1986 by the City of Oglesby. ;
3  (44) If if the ordinance was adopted on July 28, 1987 
4 by the City of Marion. ;
5  (45) If if the ordinance was adopted on April 23, 1990 
6 by the City of Marion. ;
7  (46) If if the ordinance was adopted on August 20, 1985 
8 by the Village of Mount Prospect. ;
9  (47) If if the ordinance was adopted on February 2, 
10 1998 by the Village of Woodhull. ;
11  (48) If if the ordinance was adopted on April 20, 1993 
12 by the Village of Princeville. ;
13  (49) If if the ordinance was adopted on July 1, 1986 by 
14 the City of Granite City. ;
15  (50) If if the ordinance was adopted on February 2, 
16 1989 by the Village of Lombard. ;
17  (51) If if the ordinance was adopted on December 29, 
18 1986 by the Village of Gardner. ;
19  (52) If if the ordinance was adopted on July 14, 1999 
20 by the Village of Paw Paw. ;
21  (53) If if the ordinance was adopted on November 17, 
22 1986 by the Village of Franklin Park. ;
23  (54) If if the ordinance was adopted on November 20, 
24 1989 by the Village of South Holland. ;
25  (55) If if the ordinance was adopted on July 14, 1992 
26 by the Village of Riverdale. ;
 
 
HB0329- 8 -LRB099 03880 AWJ 23896 b


1  (56) If if the ordinance was adopted on December 29, 
2 1986 by the City of Galesburg. ;
3  (57) If if the ordinance was adopted on April 1, 1985 
4 by the City of Galesburg. ;
5  (58) If if the ordinance was adopted on May 21, 1990 by 
6 the City of West Chicago. ;
7  (59) If if the ordinance was adopted on December 16, 
8 1986 by the City of Oak Forest. ;
9  (60) If if the ordinance was adopted in 1999 by the 
10 City of Villa Grove. ;
11  (61) If if the ordinance was adopted on January 13, 
12 1987 by the Village of Mt. Zion. ;
13  (62) If if the ordinance was adopted on December 30, 
14 1986 by the Village of Manteno. ;
15  (63) If if the ordinance was adopted on April 3, 1989 
16 by the City of Chicago Heights. ;
17  (64) If if the ordinance was adopted on January 6, 1999 
18 by the Village of Rosemont. ;
19  (65) If if the ordinance was adopted on December 19, 
20 2000 by the Village of Stone Park. ;
21  (66) If if the ordinance was adopted on December 22, 
22 1986 by the City of DeKalb. ;
23  (67) If if the ordinance was adopted on December 2, 
24 1986 by the City of Aurora. ;

25  (68)
If if the ordinance was adopted on December 31, 
26 1986 by the Village of Milan. ;
 
 
HB0329- 9 -LRB099 03880 AWJ 23896 b


1  (69)
If if the ordinance was adopted on September 8, 
2 1994 by the City of West Frankfort. ;
3  (70) If if the ordinance was adopted on December 23, 
4 1986 by the Village of Libertyville. ;
5  (71) If if the ordinance was adopted on December 22, 
6 1986 by the Village of Hoffman Estates. ;

7  (72) If if the ordinance was adopted on September 17, 
8 1986 by the Village of Sherman. ;

9  (73) If if the ordinance was adopted on December 16, 
10 1986 by the City of Macomb. ;
11  (74) If if the ordinance was adopted on June 11, 2002 
12 by the City of East Peoria to create the West Washington 
13 Street TIF. ;
14  (75) If if the ordinance was adopted on June 11, 2002 
15 by the City of East Peoria to create the Camp Street TIF. ;

16  (76) If if the ordinance was adopted on August 7, 2000 
17 by the City of Des Plaines. ;
18  (77) If if the ordinance was adopted on December 22, 
19 1986 by the City of Washington to create the Washington 
20 Square TIF #2. ;
21  (78) If if the ordinance was adopted on December 29, 
22 1986 by the City of Morris. ;

23  (79) If if the ordinance was adopted on July 6, 1998 by 
24 the Village of Steeleville. ;
25  (80) If if the ordinance was adopted on December 29, 
26 1986 by the City of Pontiac to create TIF I (the Main St 
 
 
HB0329- 10 -LRB099 03880 AWJ 23896 b


1 TIF). ;
2  (81) If if the ordinance was adopted on December 29, 
3 1986 by the City of Pontiac to create TIF II (the 
4 Interstate TIF). ; 
5  (82) If if the ordinance was adopted on November 6, 
6 2002 by the City of Chicago to create the Madden/Wells TIF 
7 District. ; 
8  (83) If if the ordinance was adopted on November 4, 
9 1998 by the City of Chicago to create the Roosevelt/Racine 
10 TIF District. ; 
11  (84) If if the ordinance was adopted on June 10, 1998 
12 by the City of Chicago to create the Stony Island 
13 Commercial/Burnside Industrial Corridors TIF District. ; 
14  (85) If if the ordinance was adopted on November 29, 
15 1989 by the City of Chicago to create the Englewood Mall 
16 TIF District. ;
17  (86) If if the ordinance was adopted on December 27, 
18 1986 by the City of Mendota. ; 
19  (87) If if the ordinance was adopted on December 31, 
20 1986 by the Village of Cahokia. ;
21  (88) If if the ordinance was adopted on September 20, 
22 1999 by the City of Belleville. ;
23  (89) If if the ordinance was adopted on December 30, 
24 1986 by the Village of Bellevue to create the Bellevue TIF 
25 District 1. ;
26  (90) If if the ordinance was adopted on December 13, 
 
 
HB0329- 11 -LRB099 03880 AWJ 23896 b


1 1993 by the Village of Crete. ;
2  (91) If if the ordinance was adopted on February 12, 
3 2001 by the Village of Crete. ;
4  (92) If if the ordinance was adopted on April 23, 2001 
5 by the Village of Crete. ;
6  (93) If if the ordinance was adopted on December 16, 
7 1986 by the City of Champaign. ; 
8  (94) If if the ordinance was adopted on December 20, 
9 1986 by the City of Charleston. ; 
10  (95) If if the ordinance was adopted on June 6, 1989 by 
11 the Village of Romeoville. ; 
12  (96) If if the ordinance was adopted on October 14, 
13 1993 and amended on August 2, 2010 by the City of Venice. ; 
14  (97) If if the ordinance was adopted on June 1, 1994 by 
15 the City of Markham. ; 
16  (98) If if the ordinance was adopted on May 19, 1998 by 
17 the Village of Bensenville. ; 
18  (99) If if the ordinance was adopted on November 12, 
19 1987 by the City of Dixon. ; 
20  (100) If if the ordinance was adopted on December 20, 
21 1988 by the Village of Lansing. ; 
22  (101) If if the ordinance was adopted on October 27, 
23 1998 by the City of Moline. ; 
24  (102) If if the ordinance was adopted on May 21, 1991 
25 by the Village of Glenwood. ; 
26  (103) If if the ordinance was adopted on January 28, 
 
 
HB0329- 12 -LRB099 03880 AWJ 23896 b


1 1992 by the City of East Peoria. ; 
2  (104) If if the ordinance was adopted on December 14, 
3 1998 by the City of Carlyle. ;
4  (105) If if the ordinance was adopted on May 17, 2000, 
5 as subsequently amended, by the City of Chicago to create 
6 the Midwest Redevelopment TIF District. ; 
7  (106) If if the ordinance was adopted on September 13, 
8 1989 by the City of Chicago to create the Michigan/Cermak 
9 Area TIF District. ; 
10  (107) If if the ordinance was adopted on March 30, 1992 
11 by the Village of Ohio. ; 
12  (108) If if the ordinance was adopted on July 6, 1998 
13 by the Village of Orangeville. ; or
14  (109) If if the ordinance was adopted on December 16, 
15 1997 by the Village of Germantown. ; 
16  (110) If if the ordinance was adopted on April 28, 2003 
17 by Gibson City. ; 
18  (111) If if the ordinance was adopted on December 18, 
19 1990 by the Village of Washington Park, but only after the 
20 Village of Washington Park becomes compliant with the 
21 reporting requirements under subsection (d) of Section 
22 11-74.4-5, and after the State Comptroller's certification 
23 of such compliance. ; 
24  (112) If if the ordinance was adopted on February 28, 
25 2000 by the City of Harvey. ; and or
26  (113) If if the ordinance was adopted on January 11, 
 
 
HB0329- 13 -LRB099 03880 AWJ 23896 b


1 1991 by the City of Chicago to create the Read/Dunning TIF 
2 District. ; 
3  (114) If if the ordinance was adopted on July 24, 1991 
4 by the City of Chicago to create the Sanitary and Ship 
5 Canal TIF District. ; or 
6  (115) If if the ordinance was adopted on December 4, 
7 2007 by the City of Naperville. 
8  (116) If (109) if the ordinance was adopted on July 1, 
9 2002 by the Village of Arlington Heights. 
10  (117) If (113) if the ordinance was adopted on February 
11 11, 1991 by the Village of Machesney Park. 
12  (118) If (113) if the ordinance was adopted on December 
13 29, 1993 by the City of Ottawa. 
14  (119) If the ordinance was adopted on July 1, 1995 by 
15 the Village of Caseyville. 
16 (d) For redevelopment project areas for which bonds were 
17issued before
July 29, 1991, or for which contracts were 
18entered into before June 1,
1988, in connection with a 
19redevelopment project in the area within
the State Sales Tax 
20Boundary, the estimated dates of completion of the

21redevelopment project and retirement of obligations to finance 
22redevelopment
project costs (including refunding bonds under 
23Section 11-74.4-7) may be extended by municipal ordinance to 
24December 31, 2013.
The termination procedures of subsection (b) 
25of Section 11-74.4-8 are not
required for
these redevelopment 
26project areas in 2009 but are required in 2013.
The extension 
 
 
HB0329- 14 -LRB099 03880 AWJ 23896 b


1allowed by Public Act 87-1272 shall not apply to real
property 
2tax increment allocation financing under Section 11-74.4-8.
3 (e) Those dates, for purposes of real property tax 
4increment allocation
financing pursuant to Section 11-74.4-8 
5only, shall be not more than 35 years
for redevelopment project 
6areas that were adopted on or after December 16,
1986 and for 
7which at least $8 million worth of municipal bonds were 
8authorized
on or after December 19, 1989 but before January 1, 
91990; provided that the
municipality elects to extend the life 
10of the redevelopment project area to 35
years by the adoption 
11of an ordinance after at least 14 but not more than 30
days' 
12written notice to the taxing bodies, that would otherwise 
13constitute the
joint review board for the redevelopment project 
14area, before the adoption of
the ordinance.
15 (f) Those dates, for purposes of real property tax 
16increment allocation
financing pursuant to Section 11-74.4-8 
17only, shall be not more than 35 years
for redevelopment project 
18areas that were established on or after December 1,
1981 but 
19before January 1, 1982 and for which at least $1,500,000 worth 
20of
tax increment revenue bonds were authorized
on or after 
21September 30, 1990 but before July 1, 1991; provided that the

22municipality elects to extend the life of the redevelopment 
23project area to 35
years by the adoption of an ordinance after 
24at least 14 but not more than 30
days' written notice to the 
25taxing bodies, that would otherwise constitute the
joint review 
26board for the redevelopment project area, before the adoption 
 
 
HB0329- 15 -LRB099 03880 AWJ 23896 b


1of
the ordinance.
2 (g) In consolidating the material relating to completion 
3dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, 
4it is not the intent of the General Assembly to make any 
5substantive change in the law, except for the extension of the 
6completion dates for the City of Aurora, the Village of Milan,

7the City of West Frankfort, the Village of Libertyville, and 
8the Village of Hoffman Estates set forth under items (67),

9(68), (69), (70), and (71) of subsection (c) of this Section. 
10(Source: P.A. 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, 
11eff. 8-26-11; 97-633, eff. 12-16-11; 97-635, eff. 12-16-11; 
1297-807, eff. 7-13-12; 97-1114, eff. 8-27-12; 98-109, eff. 
137-25-13; 98-135, eff. 8-2-13; 98-230, eff. 8-9-13; 98-463, eff. 
148-16-13; 98-614, eff. 12-27-13; 98-667, eff. 6-25-14; 98-889, 
15eff. 8-15-14; 98-893, eff. 8-15-14; 98-1064, eff. 8-26-14; 
16revised 9-10-14.)


17 Section 99. Effective date. This Act takes effect upon 
18becoming law.

 
         


        
        
      


      

  

      
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