Bill Text: IL HB3753 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Creates the Land Bank Authority Act. Authorizes the corporate authorities of a municipality or county, or 2 or more municipalities or counties, to create a land bank by ordinance (for the corporate authorities of a home rule municipality or county), by entering into an intergovernmental cooperation agreement (for the corporate authorities of 2 or more municipalities and counties), or by authority already provided to a county, municipality, or other taxing district prior to the effective date of the Act. Includes provisions relating to legislative findings and purpose, definitions, and interpretation of the Act. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2025-01-07 - Session Sine Die [HB3753 Detail]

Download: Illinois-2023-HB3753-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3753 Introduced , by Rep. Maurice A. West, II SYNOPSIS AS INTRODUCED:
New Act
Creates the Land Bank Authority Act. Authorizes the corporate authorities of a municipality or county, or 2 or more municipalities or counties, to create a land bank by ordinance (for the corporate authorities of a home rule municipality or county), by entering into an intergovernmental cooperation agreement (for the corporate authorities of 2 or more municipalities and counties), or by authority already provided to a county, municipality, or other taxing district prior to the effective date of the Act. Includes provisions relating to legislative findings and purpose, definitions, and interpretation of the Act. Effective immediately.
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A BILL FOR
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AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 1. Short title. This Act may be cited as the Land
Bank Authority Act.
Section 5. Definitions.As used in this Act, "land bank"
means a public governmental entity created by one or more
counties or municipalities in the manner set forth in this
Act.
Section 10. Findings; purpose. Vacant, abandoned, and
tax-delinquent properties negatively impact the health,
safety, and property values of Illinois residents in
communities across Illinois and require significant taxpayer
expenditures to address these harmful impacts. The purpose of
this Act is to allow Illinois municipalities, counties, and
other taxing districts to create a land bank to facilitate the
return of vacant, abandoned, and tax-delinquent properties to
productive use, thereby combating community decline,
stimulating economic growth, stabilizing neighborhoods, and
having a positive impact on residents and the local tax base. A
land bank created in accordance with this Act serves a public
purpose required under Section 1 of Article VIII of the

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Illinois Constitution.
Section 15. Interpretation.
(a) This Act shall be construed liberally, and all powers
granted in this Act shall be broadly interpreted to carry out
the Act's intended purposes and not as a limitation of powers.
(b) Nothing in this Act shall be interpreted to restrict
or otherwise impose any additional limitations on the powers
and authority already granted to municipalities and counties
to create, establish, contract with, or operate an entity or
agency to conduct land banking activities or other related
activities, or to delegate certain governmental powers to a
land bank as permitted by law.
(c) A land bank created by a municipality or county prior
to the enactment of this Act in the manner described in
paragraph (3) of Section 20 shall be considered a land bank
created under this Act on the effective date of this Act.
Section 20. Creation of a land bank. The corporate
authorities of a municipality or county, or 2 or more
municipalities or counties, may create a land bank in one or
more of the following ways:
(1) The corporate authorities of any home rule
municipality or county can create a land bank by passing
an ordinance.
(2) The corporate authorities of 2 or more

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municipalities and counties may create a land bank by
entering into an intergovernmental cooperation agreement
pursuant to the authority granted to such municipalities
or counties in Section 10 of Article VII of the Illinois
Constitution and the Illinois Intergovernmental
Cooperation Act if the land bank is created by one of the
following combinations of counties and municipalities:
(A) One or more counties and one or more
municipalities, at least one of which is a home rule
municipality; or
(B) At least 3 or more municipalities, including
at least one home rule municipality.
(3) The land bank is a public agency formed prior to
the effective date of this Act, pursuant to the authority
granted to municipalities, counties, or other taxing
districts in Section 10 of Article VII of the Illinois
Constitution and the Illinois Intergovernmental
Cooperation Act.
Notwithstanding the manner in which the land bank was
created, a land bank created under this Act shall itself be a
public agency, as that term is defined in Section 2 of the
Illinois Intergovernmental Cooperation Act, and governmental
body politic and corporate.
Section 99. Effective date. This Act takes effect upon
becoming law.