Bill Text: IL SB3515 | 2023-2024 | 103rd General Assembly | Introduced


Bill Title: Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, on and after the effective date of the amendatory Act, before the estimated dates of completion of a redevelopment project and retirement of obligations issued to finance development project costs (including refunding bonds) are extended to the 35th or 47th years, the municipality must submit to the Governor, President of the Senate, and Speaker of the House of Representatives written support for the extension of the life of the redevelopment project area from each school district, community college district, and park district that has authority to directly levy taxes on property within the redevelopment project area. Provides that a municipality may only submit written support to extend a redevelopment project area to the 35th year within the 5 years prior to the estimated date of completion of the redevelopment project and may only submit written support to extend a redevelopment project area to the 47th year within one year prior to the estimated date of completion of the redevelopment project area. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB3515 Detail]

Download: Illinois-2023-SB3515-Introduced.html

103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB3515

Introduced 2/9/2024, by Sen. Ann Gillespie

SYNOPSIS AS INTRODUCED:
65 ILCS 5/11-74.4-3.5

Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, on and after the effective date of the amendatory Act, before the estimated dates of completion of a redevelopment project and retirement of obligations issued to finance development project costs (including refunding bonds) are extended to the 35th or 47th years, the municipality must submit to the Governor, President of the Senate, and Speaker of the House of Representatives written support for the extension of the life of the redevelopment project area from each school district, community college district, and park district that has authority to directly levy taxes on property within the redevelopment project area. Provides that a may only submit written support to extend a redevelopment project area to the 35th year within the 5 years prior to the estimated date of completion of the redevelopment project and may only submit written support to extend a redevelopment project area to the 47th year within one year prior to the estimated date of completion of the redevelopment project area. Effective immediately.
LRB103 39028 AWJ 69165 b

A BILL FOR

SB3515LRB103 39028 AWJ 69165 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 10. 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
11retirement of obligations issued to finance redevelopment
12project costs (including refunding bonds under Section
1311-74.4-7) may not be later than December 31 of the year in
14which the payment to the municipal treasurer, as provided in
15subsection (b) of Section 11-74.4-8 of this Act, is to be made
16with respect to ad valorem taxes levied in the 23rd calendar
17year after the year in which the ordinance approving the
18redevelopment project area was adopted if the ordinance was
19adopted on or after January 15, 1981.
20 (a-5) If the redevelopment project area is located within
21a transit facility improvement area established pursuant to
22Section 11-74.4-3, the estimated dates of completion of the
23redevelopment project and retirement of obligations issued to

SB3515- 2 -LRB103 39028 AWJ 69165 b
1finance redevelopment project costs (including refunding bonds
2under Section 11-74.4-7) may not be later than December 31 of
3the year in which the payment to the municipal treasurer, as
4provided in subsection (b) of Section 11-74.4-8 of this Act,
5is to be made with respect to ad valorem taxes levied in the
635th calendar year after the year in which the ordinance
7approving the redevelopment project area was adopted.
8 (a-7) A municipality may adopt tax increment financing for
9a redevelopment project area located in a transit facility
10improvement area that also includes real property located
11within an existing redevelopment project area established
12prior to August 12, 2016 (the effective date of Public Act
1399-792). In such case: (i) the provisions of this Division
14shall apply with respect to the previously established
15redevelopment project area until the municipality adopts, as
16required in accordance with applicable provisions of this
17Division, an ordinance dissolving the special tax allocation
18fund for such redevelopment project area and terminating the
19designation of such redevelopment project area as a
20redevelopment project area; and (ii) after the effective date
21of the ordinance described in (i), the provisions of this
22Division shall apply with respect to the subsequently
23established redevelopment project area located in a transit
24facility improvement area.
25 (b) The estimated dates of completion of the redevelopment
26project and retirement of obligations issued to finance

SB3515- 3 -LRB103 39028 AWJ 69165 b
1redevelopment project costs (including refunding bonds under
2Section 11-74.4-7) may not be later than December 31 of the
3year in which the payment to the municipal treasurer as
4provided in subsection (b) of Section 11-74.4-8 of this Act is
5to be made with respect to ad valorem taxes levied in the 32nd
6calendar year after the year in which the ordinance approving
7the redevelopment project area was adopted if the ordinance
8was adopted on September 9, 1999 by the Village of Downs.
9 The estimated dates of completion of the redevelopment
10project and retirement of obligations issued to finance
11redevelopment project costs (including refunding bonds under
12Section 11-74.4-7) may not be later than December 31 of the
13year in which the payment to the municipal treasurer as
14provided in subsection (b) of Section 11-74.4-8 of this Act is
15to be made with respect to ad valorem taxes levied in the 33rd
16calendar year after the year in which the ordinance approving
17the redevelopment project area was adopted if the ordinance
18was adopted on May 20, 1985 by the Village of Wheeling.
19 The estimated dates of completion of the redevelopment
20project and retirement of obligations issued to finance
21redevelopment project costs (including refunding bonds under
22Section 11-74.4-7) may not be later than December 31 of the
23year in which the payment to the municipal treasurer as
24provided in subsection (b) of Section 11-74.4-8 of this Act is
25to be made with respect to ad valorem taxes levied in the 28th
26calendar year after the year in which the ordinance approving

SB3515- 4 -LRB103 39028 AWJ 69165 b
1the redevelopment project area was adopted if the ordinance
2was adopted on October 12, 1989 by the City of Lawrenceville.
3 (c) The estimated dates of completion of the redevelopment
4project and retirement of obligations issued to finance
5redevelopment project costs (including refunding bonds under
6Section 11-74.4-7) may not be later than December 31 of the
7year in which the payment to the municipal treasurer as
8provided in subsection (b) of Section 11-74.4-8 of this Act is
9to be made with respect to ad valorem taxes levied in the 35th
10calendar year after the year in which the ordinance approving
11the redevelopment project area was adopted:
12 (1) If the ordinance was adopted before January 15,
13 1981.
14 (2) If the ordinance was adopted in December 1983,
15 April 1984, July 1985, or December 1989.
16 (3) If the ordinance was adopted in December 1987 and
17 the redevelopment project is located within one mile of
18 Midway Airport.
19 (4) If the ordinance was adopted before January 1,
20 1987 by a municipality in Mason County.
21 (5) If the municipality is subject to the Local
22 Government Financial Planning and Supervision Act or the
23 Financially Distressed City Law.
24 (6) If the ordinance was adopted in December 1984 by
25 the Village of Rosemont.
26 (7) If the ordinance was adopted on December 31, 1986

SB3515- 5 -LRB103 39028 AWJ 69165 b
1 by a municipality located in Clinton County for which at
2 least $250,000 of tax increment bonds were authorized on
3 June 17, 1997, or if the ordinance was adopted on December
4 31, 1986 by a municipality with a population in 1990 of
5 less than 3,600 that is located in a county with a
6 population in 1990 of less than 34,000 and for which at
7 least $250,000 of tax increment bonds were authorized on
8 June 17, 1997.
9 (8) If the ordinance was adopted on October 5, 1982 by
10 the City of Kankakee, or if the ordinance was adopted on
11 December 29, 1986 by East St. Louis.
12 (9) If the ordinance was adopted on November 12, 1991
13 by the Village of Sauget.
14 (10) If the ordinance was adopted on February 11, 1985
15 by the City of Rock Island.
16 (11) If the ordinance was adopted before December 18,
17 1986 by the City of Moline.
18 (12) If the ordinance was adopted in September 1988 by
19 Sauk Village.
20 (13) If the ordinance was adopted in October 1993 by
21 Sauk Village.
22 (14) If the ordinance was adopted on December 29, 1986
23 by the City of Galva.
24 (15) If the ordinance was adopted in March 1991 by the
25 City of Centreville.
26 (16) If the ordinance was adopted on January 23, 1991

SB3515- 6 -LRB103 39028 AWJ 69165 b
1 by the City of East St. Louis.
2 (17) If the ordinance was adopted on December 22, 1986
3 by the City of Aledo.
4 (18) If the ordinance was adopted on February 5, 1990
5 by the City of Clinton.
6 (19) If the ordinance was adopted on September 6, 1994
7 by the City of Freeport.
8 (20) If the ordinance was adopted on December 22, 1986
9 by the City of Tuscola.
10 (21) If the ordinance was adopted on December 23, 1986
11 by the City of Sparta.
12 (22) If the ordinance was adopted on December 23, 1986
13 by the City of Beardstown.
14 (23) If the ordinance was adopted on April 27, 1981,
15 October 21, 1985, or December 30, 1986 by the City of
16 Belleville.
17 (24) If the ordinance was adopted on December 29, 1986
18 by the City of Collinsville.
19 (25) If the ordinance was adopted on September 14,
20 1994 by the City of Alton.
21 (26) If the ordinance was adopted on November 11, 1996
22 by the City of Lexington.
23 (27) If the ordinance was adopted on November 5, 1984
24 by the City of LeRoy.
25 (28) If the ordinance was adopted on April 3, 1991 or
26 June 3, 1992 by the City of Markham.

SB3515- 7 -LRB103 39028 AWJ 69165 b
1 (29) If the ordinance was adopted on November 11, 1986
2 by the City of Pekin.
3 (30) If the ordinance was adopted on December 15, 1981
4 by the City of Champaign.
5 (31) If the ordinance was adopted on December 15, 1986
6 by the City of Urbana.
7 (32) If the ordinance was adopted on December 15, 1986
8 by the Village of Heyworth.
9 (33) If the ordinance was adopted on February 24, 1992
10 by the Village of Heyworth.
11 (34) If the ordinance was adopted on March 16, 1995 by
12 the Village of Heyworth.
13 (35) If the ordinance was adopted on December 23, 1986
14 by the Town of Cicero.
15 (36) If the ordinance was adopted on December 30, 1986
16 by the City of Effingham.
17 (37) If the ordinance was adopted on May 9, 1991 by the
18 Village of Tilton.
19 (38) If the ordinance was adopted on October 20, 1986
20 by the City of Elmhurst.
21 (39) If the ordinance was adopted on January 19, 1988
22 by the City of Waukegan.
23 (40) If the ordinance was adopted on September 21,
24 1998 by the City of Waukegan.
25 (41) If the ordinance was adopted on December 31, 1986
26 by the City of Sullivan.

SB3515- 8 -LRB103 39028 AWJ 69165 b
1 (42) If the ordinance was adopted on December 23, 1991
2 by the City of Sullivan.
3 (43) If the ordinance was adopted on December 31, 1986
4 by the City of Oglesby.
5 (44) If the ordinance was adopted on July 28, 1987 by
6 the City of Marion.
7 (45) If the ordinance was adopted on April 23, 1990 by
8 the City of Marion.
9 (46) If the ordinance was adopted on August 20, 1985
10 by the Village of Mount Prospect.
11 (47) If the ordinance was adopted on February 2, 1998
12 by the Village of Woodhull.
13 (48) If the ordinance was adopted on April 20, 1993 by
14 the Village of Princeville.
15 (49) If the ordinance was adopted on July 1, 1986 by
16 the City of Granite City.
17 (50) If the ordinance was adopted on February 2, 1989
18 by the Village of Lombard.
19 (51) If the ordinance was adopted on December 29, 1986
20 by the Village of Gardner.
21 (52) If the ordinance was adopted on July 14, 1999 by
22 the Village of Paw Paw.
23 (53) If the ordinance was adopted on November 17, 1986
24 by the Village of Franklin Park.
25 (54) If the ordinance was adopted on November 20, 1989
26 by the Village of South Holland.

SB3515- 9 -LRB103 39028 AWJ 69165 b
1 (55) If the ordinance was adopted on July 14, 1992 by
2 the Village of Riverdale.
3 (56) If the ordinance was adopted on December 29, 1986
4 by the City of Galesburg.
5 (57) If the ordinance was adopted on April 1, 1985 by
6 the City of Galesburg.
7 (58) If the ordinance was adopted on May 21, 1990 by
8 the City of West Chicago.
9 (59) If the ordinance was adopted on December 16, 1986
10 by the City of Oak Forest.
11 (60) If the ordinance was adopted in 1999 by the City
12 of Villa Grove.
13 (61) If the ordinance was adopted on January 13, 1987
14 by the Village of Mt. Zion.
15 (62) If the ordinance was adopted on December 30, 1986
16 by the Village of Manteno.
17 (63) If the ordinance was adopted on April 3, 1989 by
18 the City of Chicago Heights.
19 (64) If the ordinance was adopted on January 6, 1999
20 by the Village of Rosemont.
21 (65) If the ordinance was adopted on December 19, 2000
22 by the Village of Stone Park.
23 (66) If the ordinance was adopted on December 22, 1986
24 by the City of DeKalb.
25 (67) If the ordinance was adopted on December 2, 1986
26 by the City of Aurora.

SB3515- 10 -LRB103 39028 AWJ 69165 b
1 (68) If the ordinance was adopted on December 31, 1986
2 by the Village of Milan.
3 (69) If the ordinance was adopted on September 8, 1994
4 by the City of West Frankfort.
5 (70) If the ordinance was adopted on December 23, 1986
6 by the Village of Libertyville.
7 (71) If the ordinance was adopted on December 22, 1986
8 by the Village of Hoffman Estates.
9 (72) If the ordinance was adopted on September 17,
10 1986 by the Village of Sherman.
11 (73) If the ordinance was adopted on December 16, 1986
12 by the City of Macomb.
13 (74) If the ordinance was adopted on June 11, 2002 by
14 the City of East Peoria to create the West Washington
15 Street TIF.
16 (75) If the ordinance was adopted on June 11, 2002 by
17 the City of East Peoria to create the Camp Street TIF.
18 (76) If the ordinance was adopted on August 7, 2000 by
19 the City of Des Plaines.
20 (77) If the ordinance was adopted on December 22, 1986
21 by the City of Washington to create the Washington Square
22 TIF #2.
23 (78) If the ordinance was adopted on December 29, 1986
24 by the City of Morris.
25 (79) If the ordinance was adopted on July 6, 1998 by
26 the Village of Steeleville.

SB3515- 11 -LRB103 39028 AWJ 69165 b
1 (80) If the ordinance was adopted on December 29, 1986
2 by the City of Pontiac to create TIF I (the Main St TIF).
3 (81) If the ordinance was adopted on December 29, 1986
4 by the City of Pontiac to create TIF II (the Interstate
5 TIF).
6 (82) If the ordinance was adopted on November 6, 2002
7 by the City of Chicago to create the Madden/Wells TIF
8 District.
9 (83) If the ordinance was adopted on November 4, 1998
10 by the City of Chicago to create the Roosevelt/Racine TIF
11 District.
12 (84) If the ordinance was adopted on June 10, 1998 by
13 the City of Chicago to create the Stony Island
14 Commercial/Burnside Industrial Corridors TIF District.
15 (85) If the ordinance was adopted on November 29, 1989
16 by the City of Chicago to create the Englewood Mall TIF
17 District.
18 (86) If the ordinance was adopted on December 27, 1986
19 by the City of Mendota.
20 (87) If the ordinance was adopted on December 31, 1986
21 by the Village of Cahokia.
22 (88) If the ordinance was adopted on September 20,
23 1999 by the City of Belleville.
24 (89) If the ordinance was adopted on December 30, 1986
25 by the Village of Bellevue to create the Bellevue TIF
26 District 1.

SB3515- 12 -LRB103 39028 AWJ 69165 b
1 (90) If the ordinance was adopted on December 13, 1993
2 by the Village of Crete.
3 (91) If the ordinance was adopted on February 12, 2001
4 by the Village of Crete.
5 (92) If the ordinance was adopted on April 23, 2001 by
6 the Village of Crete.
7 (93) If the ordinance was adopted on December 16, 1986
8 by the City of Champaign.
9 (94) If the ordinance was adopted on December 20, 1986
10 by the City of Charleston.
11 (95) If the ordinance was adopted on June 6, 1989 by
12 the Village of Romeoville.
13 (96) If the ordinance was adopted on October 14, 1993
14 and amended on August 2, 2010 by the City of Venice.
15 (97) If the ordinance was adopted on June 1, 1994 by
16 the City of Markham.
17 (98) If the ordinance was adopted on May 19, 1998 by
18 the Village of Bensenville.
19 (99) If the ordinance was adopted on November 12, 1987
20 by the City of Dixon.
21 (100) If the ordinance was adopted on December 20,
22 1988 by the Village of Lansing.
23 (101) If the ordinance was adopted on October 27, 1998
24 by the City of Moline.
25 (102) If the ordinance was adopted on May 21, 1991 by
26 the Village of Glenwood.

SB3515- 13 -LRB103 39028 AWJ 69165 b
1 (103) If the ordinance was adopted on January 28, 1992
2 by the City of East Peoria.
3 (104) If the ordinance was adopted on December 14,
4 1998 by the City of Carlyle.
5 (105) If the ordinance was adopted on May 17, 2000, as
6 subsequently amended, by the City of Chicago to create the
7 Midwest Redevelopment TIF District.
8 (106) If the ordinance was adopted on September 13,
9 1989 by the City of Chicago to create the Michigan/Cermak
10 Area TIF District.
11 (107) If the ordinance was adopted on March 30, 1992
12 by the Village of Ohio.
13 (108) If the ordinance was adopted on July 6, 1998 by
14 the Village of Orangeville.
15 (109) If the ordinance was adopted on December 16,
16 1997 by the Village of Germantown.
17 (110) If the ordinance was adopted on April 28, 2003
18 by Gibson City.
19 (111) If the ordinance was adopted on December 18,
20 1990 by the Village of Washington Park, but only after the
21 Village of Washington Park becomes compliant with the
22 reporting requirements under subsection (d) of Section
23 11-74.4-5, and after the State Comptroller's certification
24 of such compliance.
25 (112) If the ordinance was adopted on February 28,
26 2000 by the City of Harvey.

SB3515- 14 -LRB103 39028 AWJ 69165 b
1 (113) If the ordinance was adopted on January 11, 1991
2 by the City of Chicago to create the Read/Dunning TIF
3 District.
4 (114) If the ordinance was adopted on July 24, 1991 by
5 the City of Chicago to create the Sanitary and Ship Canal
6 TIF District.
7 (115) If the ordinance was adopted on December 4, 2007
8 by the City of Naperville.
9 (116) If the ordinance was adopted on July 1, 2002 by
10 the Village of Arlington Heights.
11 (117) If the ordinance was adopted on February 11,
12 1991 by the Village of Machesney Park.
13 (118) If the ordinance was adopted on December 29,
14 1993 by the City of Ottawa.
15 (119) If the ordinance was adopted on June 4, 1991 by
16 the Village of Lansing.
17 (120) If the ordinance was adopted on February 10,
18 2004 by the Village of Fox Lake.
19 (121) If the ordinance was adopted on December 22,
20 1992 by the City of Fairfield.
21 (122) If the ordinance was adopted on February 10,
22 1992 by the City of Mt. Sterling.
23 (123) If the ordinance was adopted on March 15, 2004
24 by the City of Batavia.
25 (124) If the ordinance was adopted on March 18, 2002
26 by the Village of Lake Zurich.

SB3515- 15 -LRB103 39028 AWJ 69165 b
1 (125) If the ordinance was adopted on September 23,
2 1997 by the City of Granite City.
3 (126) If the ordinance was adopted on May 8, 2013 by
4 the Village of Rosemont to create the Higgins Road/River
5 Road TIF District No. 6.
6 (127) If the ordinance was adopted on November 22,
7 1993 by the City of Arcola.
8 (128) If the ordinance was adopted on September 7,
9 2004 by the City of Arcola.
10 (129) If the ordinance was adopted on November 29,
11 1999 by the City of Paris.
12 (130) If the ordinance was adopted on September 20,
13 1994 by the City of Ottawa to create the U.S. Route 6 East
14 Ottawa TIF.
15 (131) If the ordinance was adopted on May 2, 2002 by
16 the Village of Crestwood.
17 (132) If the ordinance was adopted on October 27, 1992
18 by the City of Blue Island.
19 (133) If the ordinance was adopted on December 23,
20 1993 by the City of Lacon.
21 (134) If the ordinance was adopted on May 4, 1998 by
22 the Village of Bradford.
23 (135) If the ordinance was adopted on June 11, 2002 by
24 the City of Oak Forest.
25 (136) If the ordinance was adopted on November 16,
26 1992 by the City of Pinckneyville.

SB3515- 16 -LRB103 39028 AWJ 69165 b
1 (137) If the ordinance was adopted on March 1, 2001 by
2 the Village of South Jacksonville.
3 (138) If the ordinance was adopted on February 26,
4 1992 by the City of Chicago to create the Stockyards
5 Southeast Quadrant TIF District.
6 (139) If the ordinance was adopted on January 25, 1993
7 by the City of LaSalle.
8 (140) If the ordinance was adopted on December 23,
9 1997 by the Village of Dieterich.
10 (141) If the ordinance was adopted on February 10,
11 2016 by the Village of Rosemont to create the
12 Balmoral/Pearl TIF No. 8 Tax Increment Financing
13 Redevelopment Project Area.
14 (142) If the ordinance was adopted on June 11, 2002 by
15 the City of Oak Forest.
16 (143) If the ordinance was adopted on January 31, 1995
17 by the Village of Milledgeville.
18 (144) If the ordinance was adopted on February 5, 1996
19 by the Village of Pearl City.
20 (145) If the ordinance was adopted on December 21,
21 1994 by the City of Calumet City.
22 (146) If the ordinance was adopted on May 5, 2003 by
23 the Town of Normal.
24 (147) If the ordinance was adopted on June 2, 1998 by
25 the City of Litchfield.
26 (148) If the ordinance was adopted on October 23, 1995

SB3515- 17 -LRB103 39028 AWJ 69165 b
1 by the City of Marion.
2 (149) If the ordinance was adopted on May 24, 2001 by
3 the Village of Hanover Park.
4 (150) If the ordinance was adopted on May 30, 1995 by
5 the Village of Dalzell.
6 (151) If the ordinance was adopted on April 15, 1997
7 by the City of Edwardsville.
8 (152) If the ordinance was adopted on September 5,
9 1995 by the City of Granite City.
10 (153) If the ordinance was adopted on June 21, 1999 by
11 the Village of Table Grove.
12 (154) If the ordinance was adopted on February 23,
13 1995 by the City of Springfield.
14 (155) If the ordinance was adopted on August 11, 1999
15 by the City of Monmouth.
16 (156) If the ordinance was adopted on December 26,
17 1995 by the Village of Posen.
18 (157) If the ordinance was adopted on July 1, 1995 by
19 the Village of Caseyville.
20 (158) If the ordinance was adopted on January 30, 1996
21 by the City of Madison.
22 (159) If the ordinance was adopted on February 2, 1996
23 by the Village of Hartford.
24 (160) If the ordinance was adopted on July 2, 1996 by
25 the Village of Manlius.
26 (161) If the ordinance was adopted on March 21, 2000

SB3515- 18 -LRB103 39028 AWJ 69165 b
1 by the City of Hoopeston.
2 (162) If the ordinance was adopted on March 22, 2005
3 by the City of Hoopeston.
4 (163) If the ordinance was adopted on July 10, 1996 by
5 the City of Chicago to create the Goose Island TIF
6 District.
7 (164) If the ordinance was adopted on December 11,
8 1996 by the City of Chicago to create the Bryn
9 Mawr/Broadway TIF District.
10 (165) If the ordinance was adopted on December 31,
11 1995 by the City of Chicago to create the 95th/Western TIF
12 District.
13 (166) If the ordinance was adopted on October 7, 1998
14 by the City of Chicago to create the 71st and Stony Island
15 TIF District.
16 (167) If the ordinance was adopted on April 19, 1995
17 by the Village of North Utica.
18 (168) If the ordinance was adopted on April 22, 1996
19 by the City of LaSalle.
20 (169) If the ordinance was adopted on June 9, 2008 by
21 the City of Country Club Hills.
22 (170) If the ordinance was adopted on July 3, 1996 by
23 the Village of Phoenix.
24 (171) If the ordinance was adopted on May 19, 1997 by
25 the Village of Swansea.
26 (172) If the ordinance was adopted on August 13, 2001

SB3515- 19 -LRB103 39028 AWJ 69165 b
1 by the Village of Saunemin.
2 (173) If the ordinance was adopted on January 10, 2005
3 by the Village of Romeoville.
4 (174) If the ordinance was adopted on January 28, 1997
5 by the City of Berwyn for the South Berwyn Corridor Tax
6 Increment Financing District.
7 (175) If the ordinance was adopted on January 28, 1997
8 by the City of Berwyn for the Roosevelt Road Tax Increment
9 Financing District.
10 (176) If the ordinance was adopted on May 3, 2001 by
11 the Village of Hanover Park for the Village Center Tax
12 Increment Financing Redevelopment Project Area (TIF # 3).
13 (177) If the ordinance was adopted on January 1, 1996
14 by the City of Savanna.
15 (178) If the ordinance was adopted on January 28, 2002
16 by the Village of Okawville.
17 (179) If the ordinance was adopted on October 4, 1999
18 by the City of Vandalia.
19 (180) If the ordinance was adopted on June 16, 2003 by
20 the City of Rushville.
21 (181) If the ordinance was adopted on December 7, 1998
22 by the City of Quincy for the Central Business District
23 West Tax Increment Redevelopment Project Area.
24 (182) If the ordinance was adopted on March 27, 1997
25 by the Village of Maywood approving the Roosevelt Road TIF
26 District.

SB3515- 20 -LRB103 39028 AWJ 69165 b
1 (183) If the ordinance was adopted on March 27, 1997
2 by the Village of Maywood approving the Madison
3 Street/Fifth Avenue TIF District.
4 (184) If the ordinance was adopted on November 10,
5 1997 by the Village of Park Forest.
6 (185) If the ordinance was adopted on July 30, 1997 by
7 the City of Chicago to create the Near North TIF district.
8 (186) If the ordinance was adopted on December 1, 2000
9 by the Village of Mahomet.
10 (187) If the ordinance was adopted on June 16, 1999 by
11 the Village of Washburn.
12 (188) If the ordinance was adopted on August 19, 1998
13 by the Village of New Berlin.
14 (189) If the ordinance was adopted on February 5, 2002
15 by the City of Highwood.
16 (190) If the ordinance was adopted on June 1, 1997 by
17 the City of Flora.
18 (191) If the ordinance was adopted on August 17, 1999
19 by the City of Ottawa.
20 (192) If the ordinance was adopted on June 13, 2005 by
21 the City of Mount Carroll.
22 (193) If the ordinance was adopted on March 25, 2008
23 by the Village of Elizabeth.
24 (194) If the ordinance was adopted on February 22,
25 2000 by the City of Mount Pulaski.
26 (195) If the ordinance was adopted on November 21,

SB3515- 21 -LRB103 39028 AWJ 69165 b
1 2000 by the City of Effingham.
2 (196) If the ordinance was adopted on January 28, 2003
3 by the City of Effingham.
4 (197) If the ordinance was adopted on February 4, 2008
5 by the City of Polo.
6 (198) If the ordinance was adopted on August 17, 2005
7 by the Village of Bellwood to create the Park Place TIF.
8 (199) If the ordinance was adopted on July 16, 2014 by
9 the Village of Bellwood to create the North-2014 TIF.
10 (200) If the ordinance was adopted on July 16, 2014 by
11 the Village of Bellwood to create the South-2014 TIF.
12 (201) If the ordinance was adopted on July 16, 2014 by
13 the Village of Bellwood to create the Central Metro-2014
14 TIF.
15 (202) If the ordinance was adopted on September 17,
16 2014 by the Village of Bellwood to create the Addison
17 Creek "A" (Southwest)-2014 TIF.
18 (203) If the ordinance was adopted on September 17,
19 2014 by the Village of Bellwood to create the Addison
20 Creek "B" (Northwest)-2014 TIF.
21 (204) If the ordinance was adopted on September 17,
22 2014 by the Village of Bellwood to create the Addison
23 Creek "C" (Northeast)-2014 TIF.
24 (205) If the ordinance was adopted on September 17,
25 2014 by the Village of Bellwood to create the Addison
26 Creek "D" (Southeast)-2014 TIF.

SB3515- 22 -LRB103 39028 AWJ 69165 b
1 (206) If the ordinance was adopted on June 26, 2007 by
2 the City of Peoria.
3 (207) If the ordinance was adopted on October 28, 2008
4 by the City of Peoria.
5 (208) If the ordinance was adopted on April 4, 2000 by
6 the City of Joliet to create the Joliet City Center TIF
7 District.
8 (209) If the ordinance was adopted on July 8, 1998 by
9 the City of Chicago to create the 43rd/Cottage Grove TIF
10 district.
11 (210) If the ordinance was adopted on July 8, 1998 by
12 the City of Chicago to create the 79th Street Corridor TIF
13 district.
14 (211) If the ordinance was adopted on November 4, 1998
15 by the City of Chicago to create the Bronzeville TIF
16 district.
17 (212) If the ordinance was adopted on February 5, 1998
18 by the City of Chicago to create the Homan/Arthington TIF
19 district.
20 (213) If the ordinance was adopted on December 8, 1998
21 by the Village of Plainfield.
22 (214) If the ordinance was adopted on July 17, 2000 by
23 the Village of Homer.
24 (215) If the ordinance was adopted on December 27,
25 2006 by the City of Greenville.
26 (216) If the ordinance was adopted on June 10, 1998 by

SB3515- 23 -LRB103 39028 AWJ 69165 b
1 the City of Chicago to create the Kinzie Industrial TIF
2 district.
3 (217) If the ordinance was adopted on December 2, 1998
4 by the City of Chicago to create the Northwest Industrial
5 TIF district.
6 (218) If the ordinance was adopted on June 10, 1998 by
7 the City of Chicago to create the Pilsen Industrial TIF
8 district.
9 (219) If the ordinance was adopted on January 14, 1997
10 by the City of Chicago to create the 35th/Halsted TIF
11 district.
12 (220) If the ordinance was adopted on June 9, 1999 by
13 the City of Chicago to create the Pulaski Corridor TIF
14 district.
15 (221) If the ordinance was adopted on December 16,
16 1997 by the City of Springfield to create the Enos Park
17 Neighborhood TIF District.
18 (222) If the ordinance was adopted on February 5, 1998
19 by the City of Chicago to create the Roosevelt/Cicero
20 redevelopment project area.
21 (223) If the ordinance was adopted on February 5, 1998
22 by the City of Chicago to create the Western/Ogden
23 redevelopment project area.
24 (224) If the ordinance was adopted on July 21, 1999 by
25 the City of Chicago to create the 24th/Michigan Avenue
26 redevelopment project area.

SB3515- 24 -LRB103 39028 AWJ 69165 b
1 (225) If the ordinance was adopted on January 20, 1999
2 by the City of Chicago to create the Woodlawn
3 redevelopment project area.
4 (226) If the ordinance was adopted on July 7, 1999 by
5 the City of Chicago to create the Clark/Montrose
6 redevelopment project area.
7 (227) If the ordinance was adopted on November 4, 2003
8 by the City of Madison to create the Rivers Edge
9 redevelopment project area.
10 (228) If the ordinance was adopted on August 12, 2003
11 by the City of Madison to create the Caine Street
12 redevelopment project area.
13 (229) If the ordinance was adopted on March 7, 2000 by
14 the City of Madison to create the East Madison TIF.
15 (230) If the ordinance was adopted on August 3, 2001
16 by the Village of Aviston.
17 (231) If the ordinance was adopted on August 22, 2011
18 by the Village of Warren.
19 (232) If the ordinance was adopted on April 8, 1999 by
20 the City of Farmer City.
21 (233) If the ordinance was adopted on August 4, 1999
22 by the Village of Fairmont City.
23 (234) If the ordinance was adopted on October 2, 1999
24 by the Village of Fairmont City.
25 (235) If the ordinance was adopted December 16, 1999
26 by the City of Springfield.

SB3515- 25 -LRB103 39028 AWJ 69165 b
1 (236) If the ordinance was adopted on December 13,
2 1999 by the Village of Palatine to create the Village of
3 Palatine Downtown Area TIF District.
4 (237) If the ordinance was adopted on September 29,
5 1999 by the City of Chicago to create the 111th/Kedzie
6 redevelopment project area.
7 (238) If the ordinance was adopted on November 12,
8 1998 by the City of Chicago to create the Canal/Congress
9 redevelopment project area.
10 (239) If the ordinance was adopted on July 7, 1999 by
11 the City of Chicago to create the Galewood/Armitage
12 Industrial redevelopment project area.
13 (240) If the ordinance was adopted on September 29,
14 1999 by the City of Chicago to create the Madison/Austin
15 Corridor redevelopment project area.
16 (241) If the ordinance was adopted on April 12, 2000
17 by the City of Chicago to create the South Chicago
18 redevelopment project area.
19 (242) If the ordinance was adopted on January 9, 2002
20 by the Village of Elkhart.
21 (243) If the ordinance was adopted on May 23, 2000 by
22 the City of Robinson to create the West Robinson
23 Industrial redevelopment project area.
24 (244) If the ordinance was adopted on October 9, 2001
25 by the City of Robinson to create the Downtown Robinson
26 redevelopment project area.

SB3515- 26 -LRB103 39028 AWJ 69165 b
1 (245) If the ordinance was adopted on September 19,
2 2000 by the Village of Valmeyer.
3 (246) If the ordinance was adopted on April 15, 2002
4 by the City of McHenry to create the Downtown TIF
5 district.
6 (247) If the ordinance was adopted on February 15,
7 1999 by the Village of Channahon.
8 (248) If the ordinance was adopted on December 19,
9 2000 by the City of Peoria.
10 (249) If the ordinance was adopted on July 24, 2000 by
11 the City of Rock Island to create the North 11th Street
12 redevelopment project area.
13 (250) If the ordinance was adopted on February 5, 2002
14 by the City of Champaign to create the North Campustown
15 TIF.
16 (251) If the ordinance was adopted on November 20,
17 2000 by the Village of Evergreen Park.
18 (252) If the ordinance was adopted on February 16,
19 2000 by the City of Chicago to create the
20 Fullerton/Milwaukee redevelopment project area.
21 (253) If the ordinance was adopted on October 23, 2006
22 by the Village of Bourbonnais to create the Bourbonnais
23 Industrial Park Conservation Area.
24 (254) If the ordinance was adopted on February 22,
25 2000 by the City of Geneva to create the East State Street
26 redevelopment project area.

SB3515- 27 -LRB103 39028 AWJ 69165 b
1 (255) If the ordinance was adopted on February 6, 2001
2 by the Village of Downers Grove to create the Ogden Avenue
3 redevelopment project area.
4 (256) If the ordinance was adopted on June 27, 2001 by
5 the City of Chicago to create the Division/Homan
6 redevelopment project area.
7 (257) If the ordinance was adopted on May 17, 2000 by
8 the City of Chicago to create the 63rd/Pulaski
9 redevelopment project area.
10 (258) If the ordinance was adopted on March 10, 1999
11 by the City of Chicago to create the Greater Southwest
12 Industrial (East) redevelopment project area.
13 (259) If the ordinance was adopted on February 16,
14 2000 by the City of Chicago to create the Lawrence/Kedzie
15 redevelopment project area.
16 (260) If the ordinance was adopted on November 3, 1999
17 by the City of Chicago to create the Lincoln Avenue
18 redevelopment project area.
19 (261) If the ordinance was adopted on September 3,
20 2015 by the Village of Fox River Grove to create the
21 Downtown TIF #2 redevelopment project area.
22 On and after the effective date of this amendatory Act of
23the 103rd General Assembly, before the estimated dates of
24completion of a redevelopment project and retirement of
25obligations issued to finance development project costs
26(including refunding bonds under Section 11-74.4-7) may be

SB3515- 28 -LRB103 39028 AWJ 69165 b
1extended under this subsection, the municipality must submit
2to the Governor, President of the Senate, and Speaker of the
3House of Representatives written support for the extension of
4the life of the redevelopment project area from each school
5district, community college district, and park district that
6has authority to directly levy taxes on property within the
7redevelopment project area. A municipality may only submit
8written support as outlined under this subsection within the 5
9years prior to the estimated date of completion of the
10redevelopment project.
11 (d) For redevelopment project areas for which bonds were
12issued before July 29, 1991, or for which contracts were
13entered into before June 1, 1988, in connection with a
14redevelopment project in the area within the State Sales Tax
15Boundary, the estimated dates of completion of the
16redevelopment project and retirement of obligations to finance
17redevelopment project costs (including refunding bonds under
18Section 11-74.4-7) may be extended by municipal ordinance to
19December 31, 2013. The termination procedures of subsection
20(b) of Section 11-74.4-8 are not required for these
21redevelopment project areas in 2009 but are required in 2013.
22The extension allowed by Public Act 87-1272 shall not apply to
23real property tax increment allocation financing under Section
2411-74.4-8.
25 (e) Those dates, for purposes of real property tax
26increment allocation financing pursuant to Section 11-74.4-8

SB3515- 29 -LRB103 39028 AWJ 69165 b
1only, shall be not more than 35 years for redevelopment
2project areas that were adopted on or after December 16, 1986
3and for which at least $8 million worth of municipal bonds were
4authorized on or after December 19, 1989 but before January 1,
51990; provided that the municipality elects to extend the life
6of the redevelopment project area to 35 years by the adoption
7of an ordinance after at least 14 but not more than 30 days'
8written notice to the taxing bodies, that would otherwise
9constitute the joint review board for the redevelopment
10project area, before the adoption of the ordinance.
11 (f) Those dates, for purposes of real property tax
12increment allocation financing pursuant to Section 11-74.4-8
13only, shall be not more than 35 years for redevelopment
14project areas that were established on or after December 1,
151981 but before January 1, 1982 and for which at least
16$1,500,000 worth of tax increment revenue bonds were
17authorized on or after September 30, 1990 but before July 1,
181991; provided that the municipality elects to extend the life
19of the redevelopment project area to 35 years by the adoption
20of an ordinance after at least 14 but not more than 30 days'
21written notice to the taxing bodies, that would otherwise
22constitute the joint review board for the redevelopment
23project area, before the adoption of the ordinance.
24 (f-1) (Blank).
25 (f-2) (Blank).
26 (f-3) (Blank).

SB3515- 30 -LRB103 39028 AWJ 69165 b
1 (f-5) Those dates, for purposes of real property tax
2increment allocation financing pursuant to Section 11-74.4-8
3only, shall be not more than 47 years for redevelopment
4project areas listed in this subsection; provided that (i) the
5municipality adopts an ordinance extending the life of the
6redevelopment project area to 47 years, and (ii) the
7municipality provides notice to the taxing bodies that would
8otherwise constitute the joint review board for the
9redevelopment project area not more than 30 and not less than
1014 days prior to the adoption of that ordinance, and (iii) on
11and after the effective date of this amendatory Act of the
12103rd General Assembly, the municipality submits to the
13Governor, President of the Senate, and Speaker of the House of
14Representatives written support for the extension of the life
15of the redevelopment project area within one year prior to the
16estimated date of completion of the redevelopment project from
17each school district, community college district, and park
18district that has authority to directly levy taxes on property
19within the redevelopment project area:
20 (1) If the redevelopment project area was established
21 on December 29, 1981 by the City of Springfield.
22 (2) If the redevelopment project area was established
23 on December 29, 1986 by the City of Morris and that is
24 known as the Morris TIF District 1.
25 (3) If the redevelopment project area was established
26 on December 31, 1986 by the Village of Cahokia.

SB3515- 31 -LRB103 39028 AWJ 69165 b
1 (4) If the redevelopment project area was established
2 on December 20, 1986 by the City of Charleston.
3 (5) If the redevelopment project area was established
4 on December 23, 1986 by the City of Beardstown.
5 (6) If the redevelopment project area was established
6 on December 23, 1986 by the Town of Cicero.
7 (7) If the redevelopment project area was established
8 on December 29, 1986 by the City of East St. Louis.
9 (8) If the redevelopment project area was established
10 on January 23, 1991 by the City of East St. Louis.
11 (9) If the redevelopment project area was established
12 on December 29, 1986 by the Village of Gardner.
13 (10) If the redevelopment project area was established
14 on June 11, 2002 by the City of East Peoria to create the
15 West Washington Street TIF.
16 (11) If the redevelopment project area was established
17 on December 22, 1986 by the City of Washington creating
18 the Washington Square TIF #2.
19 (12) If the redevelopment project area was established
20 on November 11, 1986 by the City of Pekin.
21 (13) If the redevelopment project area was established
22 on December 30, 1986 by the City of Belleville.
23 (14) If the ordinance was adopted on April 3, 1989 by
24 the City of Chicago Heights.
25 (15) If the redevelopment project area was established
26 on December 29, 1986 by the City of Pontiac to create TIF I

SB3515- 32 -LRB103 39028 AWJ 69165 b
1 (the Main St TIF).
2 (16) If the redevelopment project area was established
3 on December 29, 1986 by the City of Pontiac to create TIF
4 II (the Interstate TIF).
5 (17) If the redevelopment project area was established
6 on December 23, 1986 by the City of Sparta to create TIF
7 #1. Any termination procedures provided for in Section
8 11-74.4-8 are not required for this redevelopment project
9 area prior to the 47th calendar year after the year in
10 which the ordinance approving the redevelopment project
11 year was adopted.
12 (18) If the redevelopment project area was established
13 on March 30, 1992 by the Village of Ohio to create the
14 Village of Ohio TIF District.
15 (19) If the redevelopment project area was established
16 on December 13, 1993 by the Village of Crete.
17 (20) If the redevelopment project area was established
18 on February 12, 2001 by the Village of Crete.
19 (21) If the redevelopment project area was established
20 on April 23, 2001 by the Village of Crete.
21 (g) In consolidating the material relating to completion
22dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
23it is not the intent of the General Assembly to make any
24substantive change in the law, except for the extension of the
25completion dates for the City of Aurora, the Village of Milan,
26the City of West Frankfort, the Village of Libertyville, and

SB3515- 33 -LRB103 39028 AWJ 69165 b
1the Village of Hoffman Estates set forth under items (67),
2(68), (69), (70), and (71) of subsection (c) of this Section.
3(Source: P.A. 102-117, eff. 7-23-21; 102-424, eff. 8-20-21;
4102-425, eff. 8-20-21; 102-446, eff. 8-20-21; 102-473, eff.
58-20-21; 102-627, eff. 8-27-21; 102-675, eff. 11-30-21;
6102-745, eff. 5-6-22; 102-818, eff. 5-13-22; 102-1113, eff.
712-21-22; 103-315, eff. 7-28-23; 103-575, eff. 12-8-23.)
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