Bill Text: IL HB5581 | 2017-2018 | 100th General Assembly | Introduced

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Bill Title: Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that after July 1, 2018, a municipality may not adopt or amend a redevelopment plan or extend the life of a redevelopment project area unless each school district and community college district with territory inside the proposed redevelopment project area agrees to be subject to the redevelopment plan by a resolution adopted by a majority of each board. Provides that if a municipality adopts or amends a redevelopment plan or extends the life of a redevelopment project area in without each school district or community college district adopting a resolution agreeing to the change, the portion of ad valorem taxes arising from the levies upon taxable real property in the redevelopment project area attributable to each school district or community college district that did not adopt the resolution may not be taken or used for any purpose under the Tax Increment Allocation Redevelopment Act. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB5581 Detail]

Download: Illinois-2017-HB5581-Introduced.html

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100TH GENERAL ASSEMBLY State of Illinois 2017 and 2018 HB5581 Introduced , by Rep. Robert W. Pritchard SYNOPSIS AS INTRODUCED:
65 ILCS 5/11-74.4-3.2 new
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that after July 1, 2018, a municipality may not adopt or amend a redevelopment plan or extend the life of a redevelopment project area unless each school district and community college district with territory inside the proposed redevelopment project area agrees to be subject to the redevelopment plan by a resolution adopted by a majority of each board. Provides that if a municipality adopts or amends a redevelopment plan or extends the life of a redevelopment project area in without each school district or community college district adopting a resolution agreeing to the change, the portion of ad valorem taxes arising from the levies upon taxable real property in the redevelopment project area attributable to each school district or community college district that did not adopt the resolution may not be taken or used for any purpose under the Tax Increment Allocation Redevelopment Act. Effective immediately.
LRB100 20856 AWJ 36351 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB5581 LRB100 20856 AWJ 36351 b
AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Municipal Code is amended by adding
Section 11-74.4-3.2 as follows:
(65 ILCS 5/11-74.4-3.2 new)
Sec. 11-74.4-3.2. School approval of redevelopment plans.
(a) Notwithstanding any other provision of law, after July
1, 2018, a municipality may not adopt or amend a redevelopment
plan or extend the life of a redevelopment project area unless
each school district and community college district with
territory inside the proposed redevelopment project area
agrees to be subject to the redevelopment plan by a resolution
adopted by a majority of each board.
(b) If a municipality adopts or amends a redevelopment plan
or extends the life of a redevelopment project area in
violation of subsection (a), the portion of ad valorem taxes
arising from the levies upon taxable real property in the
redevelopment project area attributable to each school
district or community college district that did not adopt the
resolution required under subsection (a) may not be taken or
used for any purpose under this Act.

HB5581 - 2 - LRB100 20856 AWJ 36351 b
Section 99. Effective date. This Act takes effect upon
becoming law.