98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB6303
 
Introduced , by Rep. Elgie R. Sims, Jr.
 
SYNOPSIS AS INTRODUCED:





65 ILCS 5/11-74.4-3.5

 Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Creates a tax increment allocation financing extension for an ordinance adopted on June 4, 1991 by the Village of Lansing. Effective immediately.



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A BILL FOR
 


HB6303LRB098 22691 JLK 61625 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 
 
 
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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 the ordinance was adopted before January 15, 
11 1981;
12  (2) if the ordinance was adopted in December 1983, 
13 April 1984, July 1985,
or December 1989;
14  (3) if the ordinance was adopted in December 1987 and 
15 the redevelopment
project is located within one mile of 
16 Midway Airport;
17  (4) if the ordinance was adopted before January 1, 1987 
18 by a municipality in
Mason County;
19  (5) 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 the ordinance was adopted in December 1984 by 
23 the Village of Rosemont;
24  (7) if the ordinance was adopted on December 31, 1986 
25 by a municipality
located in Clinton County for which at 
26 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 the ordinance was adopted on October 5, 1982 by 
8 the City of Kankakee, or if the ordinance was adopted on 
9 December 29, 1986 by East St. Louis;
10  (9) if
the ordinance was adopted on November 12, 1991 
11 by the Village of Sauget;
12  (10) if the ordinance was
adopted on February 11, 1985 
13 by the City of Rock Island;
14  (11) if the ordinance was adopted before December 18, 
15 1986 by the City of
Moline;
16  (12) if the ordinance was adopted in September 1988 by 
17 Sauk Village;
18  (13) if the ordinance was adopted in October 1993 by 
19 Sauk Village;
20  (14) if the ordinance was adopted on December 29, 1986 
21 by the City of Galva;
22  (15) if the ordinance was adopted in March 1991 by the 
23 City of Centreville;
24  (16) if the ordinance was adopted on January 23, 1991

25 by the City of East St. Louis;
26  (17) if the ordinance was adopted on December 22, 1986 
 
 
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1 by the City of Aledo;
2  (18) if the ordinance was adopted on February 5, 1990 
3 by the City of Clinton;
4  (19) if the ordinance was adopted on September 6, 1994 
5 by the City of Freeport;
6  (20) if the ordinance was adopted on December 22, 1986 
7 by the City of Tuscola;
8  (21) if the ordinance was adopted on December 23, 1986 
9 by the City of Sparta;
10  (22) if the ordinance was adopted on December 23, 1986 
11 by the City of
Beardstown;
12  (23) 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 the ordinance was adopted on December 29, 1986 
16 by the City of
Collinsville;
17  (25) if the ordinance was adopted on September 14, 1994 
18 by the
City of Alton;
19  (26) if the ordinance was adopted on November 11, 1996 
20 by the
City of Lexington;
21  (27) if the ordinance was adopted on November 5, 1984 
22 by
the City of LeRoy;
23  (28) if the ordinance was adopted on April 3, 1991 or

24 June 3, 1992 by the City of Markham;
25  (29) if the ordinance was adopted on November 11, 1986 
26 by the City of Pekin;
 
 
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1  (30) if the ordinance was adopted on December 15, 1981 
2 by the City of Champaign;
3  (31) if the ordinance was adopted on December 15, 1986 
4 by the City of Urbana;
5  (32) if the ordinance was adopted on December 15, 1986 
6 by the Village of Heyworth;
7  (33) if the ordinance was adopted on February 24, 1992 
8 by the Village of Heyworth;
9  (34) if the ordinance was adopted on March 16, 1995 by 
10 the Village of Heyworth;
11  (35) if the ordinance was adopted on December 23, 1986 
12 by the Town of Cicero;
13  (36) if the ordinance was adopted on December 30, 1986 
14 by the City of Effingham;
15  (37) if the ordinance was adopted on May 9, 1991 by the 
16 Village of
Tilton;
17  (38) if the ordinance was adopted on October 20, 1986 
18 by the City of Elmhurst;
19  (39) if the ordinance was adopted on January 19, 1988 
20 by the City of
Waukegan;
21  (40) if the ordinance was adopted on September 21, 1998 
22 by the City of
Waukegan;
23  (41) if the ordinance was adopted on December 31, 1986 
24 by the City of Sullivan;
25  (42) if the ordinance was adopted on December 23, 1991 
26 by the City of Sullivan;
 
 
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1  (43) if the ordinance was adopted on December 31, 1986 
2 by the City of Oglesby;
3  (44) if the ordinance was adopted on July 28, 1987 by 
4 the City of Marion;
5  (45) if the ordinance was adopted on April 23, 1990 by 
6 the City of Marion;
7  (46) if the ordinance was adopted on August 20, 1985 by 
8 the Village of Mount Prospect;
9  (47) if the ordinance was adopted on February 2, 1998 
10 by the Village of Woodhull;
11  (48) if the ordinance was adopted on April 20, 1993 by 
12 the Village of Princeville;
13  (49) if the ordinance was adopted on July 1, 1986 by 
14 the City of Granite City;
15  (50) if the ordinance was adopted on February 2, 1989 
16 by the Village of Lombard;
17  (51) if the ordinance was adopted on December 29, 1986 
18 by the Village of Gardner;
19  (52) if the ordinance was adopted on July 14, 1999 by 
20 the Village of Paw Paw;
21  (53) if the ordinance was adopted on November 17, 1986 
22 by the Village of Franklin Park;
23  (54) if the ordinance was adopted on November 20, 1989 
24 by the Village of South Holland;
25  (55) if the ordinance was adopted on July 14, 1992 by 
26 the Village of Riverdale;
 
 
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1  (56) if the ordinance was adopted on December 29, 1986 
2 by the City of Galesburg;
3  (57) if the ordinance was adopted on April 1, 1985 by 
4 the City of Galesburg;
5  (58) if the ordinance was adopted on May 21, 1990 by 
6 the City of West Chicago;
7  (59) if the ordinance was adopted on December 16, 1986 
8 by the City of Oak Forest;
9  (60) if the ordinance was adopted in 1999 by the City 
10 of Villa Grove;
11  (61) if the ordinance was adopted on January 13, 1987 
12 by the Village of Mt. Zion;
13  (62) if the ordinance was adopted on December 30, 1986 
14 by the Village of Manteno;
15  (63) if the ordinance was adopted on April 3, 1989 by 
16 the City of Chicago Heights;
17  (64) if the ordinance was adopted on January 6, 1999 by 
18 the Village of Rosemont;
19  (65) if the ordinance was adopted on December 19, 2000 
20 by the Village of Stone Park;
21  (66) if the ordinance was adopted on December 22, 1986 
22 by the City of DeKalb;
23  (67) if the ordinance was adopted on December 2, 1986 
24 by the City of Aurora;

25  (68)
if the ordinance was adopted on December 31, 1986 
26 by the Village of Milan;
 
 
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1  (69)
if the ordinance was adopted on September 8, 1994 
2 by the City of West Frankfort;
3  (70) if the ordinance was adopted on December 23, 1986 
4 by the Village of Libertyville;
5  (71) if the ordinance was adopted on December 22, 1986 
6 by the Village of Hoffman Estates;

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

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

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

23  (79) if the ordinance was adopted on July 6, 1998 by 
24 the Village of Steeleville;
25  (80) if the ordinance was adopted on December 29, 1986 
26 by the City of Pontiac to create TIF I (the Main St TIF);
 
 
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1  (81) if the ordinance was adopted on December 29, 1986 
2 by the City of Pontiac to create TIF II (the Interstate 
3 TIF); 
4  (82) if the ordinance was adopted on November 6, 2002 
5 by the City of Chicago to create the Madden/Wells TIF 
6 District; 
7  (83) if the ordinance was adopted on November 4, 1998 
8 by the City of Chicago to create the Roosevelt/Racine TIF 
9 District; 
10  (84) if the ordinance was adopted on June 10, 1998 by 
11 the City of Chicago to create the Stony Island 
12 Commercial/Burnside Industrial Corridors TIF District; 
13  (85) if the ordinance was adopted on November 29, 1989 
14 by the City of Chicago to create the Englewood Mall TIF 
15 District;
16  (86) if the ordinance was adopted on December 27, 1986 
17 by the City of Mendota; 
18  (87) if the ordinance was adopted on December 31, 1986 
19 by the Village of Cahokia;
20  (88) if the ordinance was adopted on September 20, 1999 
21 by the City of Belleville;
22  (89) if the ordinance was adopted on December 30, 1986 
23 by the Village of Bellevue to create the Bellevue TIF 
24 District 1;
25  (90) if the ordinance was adopted on December 13, 1993 
26 by the Village of Crete;
 
 
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1  (91) if the ordinance was adopted on February 12, 2001 
2 by the Village of Crete;
3  (92) if the ordinance was adopted on April 23, 2001 by 
4 the Village of Crete;
5  (93) if the ordinance was adopted on December 16, 1986 
6 by the City of Champaign; 
7  (94) if the ordinance was adopted on December 20, 1986 
8 by the City of Charleston; 
9  (95) if the ordinance was adopted on June 6, 1989 by 
10 the Village of Romeoville; 
11  (96) if the ordinance was adopted on October 14, 1993 
12 and amended on August 2, 2010 by the City of Venice; 
13  (97) if the ordinance was adopted on June 1, 1994 by 
14 the City of Markham; 
15  (98) if the ordinance was adopted on May 19, 1998 by 
16 the Village of Bensenville; 
17  (99) if the ordinance was adopted on November 12, 1987 
18 by the City of Dixon; 
19  (100) if the ordinance was adopted on December 20, 1988 
20 by the Village of Lansing; 
21  (101) if the ordinance was adopted on October 27, 1998 
22 by the City of Moline; 
23  (102) if the ordinance was adopted on May 21, 1991 by 
24 the Village of Glenwood; 
25  (103) if the ordinance was adopted on January 28, 1992 
26 by the City of East Peoria; 
 
 
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1  (104) if the ordinance was adopted on December 14, 1998 
2 by the City of Carlyle;
3  (105) if the ordinance was adopted on May 17, 2000, as 
4 subsequently amended, by the City of Chicago to create the 
5 Midwest Redevelopment TIF District; 
6  (106) if the ordinance was adopted on September 13, 
7 1989 by the City of Chicago to create the Michigan/Cermak 
8 Area TIF District; 
9  (107) if the ordinance was adopted on March 30, 1992 by 
10 the Village of Ohio; 
11  (108) if the ordinance was adopted on July 6, 1998 by 
12 the Village of Orangeville; or
13  (109) if the ordinance was adopted on December 16, 1997 
14 by the Village of Germantown; 
15  (110) if the ordinance was adopted on April 28, 2003 by 
16 Gibson City; 
17  (111) if the ordinance was adopted on December 18, 1990 
18 by the Village of Washington Park, but only after the 
19 Village of Washington Park becomes compliant with the 
20 reporting requirements under subsection (d) of Section 
21 11-74.4-5, and after the State Comptroller's certification 
22 of such compliance; 
23  (112) if the ordinance was adopted on February 28, 2000 
24 by the City of Harvey; and or
25  (113) if the ordinance was adopted on January 11, 1991 
26 by the City of Chicago to create the Read/Dunning TIF 
 
 
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1 District; 
2  (114) if the ordinance was adopted on July 24, 1991 by 
3 the City of Chicago to create the Sanitary and Ship Canal 
4 TIF District; or 
5  (115) if the ordinance was adopted on December 4, 2007 
6 by the City of Naperville; . 
7  (116) (109) if the ordinance was adopted on July 1, 
8 2002 by the Village of Arlington Heights; . 
9  (117) (113) if the ordinance was adopted on February 
10 11, 1991 by the Village of Machesney Park; . 
11  (118) (113) if the ordinance was adopted on December 
12 29, 1993 by the City of Ottawa; or . 
13  (119) if the ordinance was adopted on June 4, 1991 by 
14 the Village of Lansing. 
15 (d) For redevelopment project areas for which bonds were 
16issued before
July 29, 1991, or for which contracts were 
17entered into before June 1,
1988, in connection with a 
18redevelopment project in the area within
the State Sales Tax 
19Boundary, the estimated dates of completion of the

20redevelopment project and retirement of obligations to finance 
21redevelopment
project costs (including refunding bonds under 
22Section 11-74.4-7) may be extended by municipal ordinance to 
23December 31, 2013.
The termination procedures of subsection (b) 
24of Section 11-74.4-8 are not
required for
these redevelopment 
25project areas in 2009 but are required in 2013.
The extension 
26allowed by Public Act 87-1272 shall not apply to real
property 
 
 
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1tax increment allocation financing under Section 11-74.4-8.
2 (e) Those dates, for purposes of real property tax 
3increment allocation
financing pursuant to Section 11-74.4-8 
4only, shall be not more than 35 years
for redevelopment project 
5areas that were adopted on or after December 16,
1986 and for 
6which at least $8 million worth of municipal bonds were 
7authorized
on or after December 19, 1989 but before January 1, 
81990; provided that the
municipality elects to extend the life 
9of the redevelopment project area to 35
years by the adoption 
10of an ordinance after at least 14 but not more than 30
days' 
11written notice to the taxing bodies, that would otherwise 
12constitute the
joint review board for the redevelopment project 
13area, before the adoption of
the ordinance.
14 (f) Those dates, for purposes of real property tax 
15increment allocation
financing pursuant to Section 11-74.4-8 
16only, shall be not more than 35 years
for redevelopment project 
17areas that were established on or after December 1,
1981 but 
18before January 1, 1982 and for which at least $1,500,000 worth 
19of
tax increment revenue bonds were authorized
on or after 
20September 30, 1990 but before July 1, 1991; provided that the

21municipality elects to extend the life of the redevelopment 
22project area to 35
years by the adoption of an ordinance after 
23at least 14 but not more than 30
days' written notice to the 
24taxing bodies, that would otherwise constitute the
joint review 
25board for the redevelopment project area, before the adoption 
26of
the ordinance.
 
 
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1 (g) In consolidating the material relating to completion 
2dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, 
3it is not the intent of the General Assembly to make any 
4substantive change in the law, except for the extension of the 
5completion dates for the City of Aurora, the Village of Milan,

6the City of West Frankfort, the Village of Libertyville, and 
7the Village of Hoffman Estates set forth under items (67),

8(68), (69), (70), and (71) of subsection (c) of this Section. 
9(Source: P.A. 97-93, eff. 1-1-12; 97-372, eff. 8-15-11; 97-600, 
10eff. 8-26-11; 97-633, eff. 12-16-11; 97-635, eff. 12-16-11; 
1197-807, eff. 7-13-12; 97-1114, eff. 8-27-12; 98-109, eff. 
127-25-13; 98-135, eff. 8-2-13; 98-230, eff. 8-9-13; 98-463, eff. 
138-16-13; 98-614, eff. 12-27-13; 98-667, eff. 6-25-14; 98-889, 
14eff. 8-15-14; 98-893, eff. 8-15-14; 98-1064, eff. 8-26-14; 
15revised 9-10-14.)


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