HB4335 - 104th General Assembly

TIF-VETERAN ORGANIZATIONS
Last Action
1/14/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Kevin Schmidt
Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that "redevelopment project costs" includes, among other things, costs of operations, infrastructure, and programming of not-for-profit veterans and military organizations located within the redevelopment project area, including organizations designated as tax-exempt organizations under Section 501(c)(19) of the federal Internal Revenue Code.
Actions
Date Chamber Action
1/07/2026 House Filed with the Clerk by Rep. Kevin Schmidt
1/14/2026 House First Reading
1/14/2026 House Referred to Rules Committee