Rep. Jerry Costello, II
Filed: 3/14/2017
 
 

 

 

 
10000HB3888ham001LRB100 11226 AWJ 23294 a



1
AMENDMENT TO HOUSE BILL 3888




2    AMENDMENT NO. ______. Amend House Bill 3888 by replacing 
3everything after the enacting clause with the following: 
 
4    "Section 5. The River Edge Redevelopment Zone Act is 
5amended  by changing Section 10-4 as follows:
 
6    (65 ILCS 115/10-4)

7    Sec. 10-4. Qualifications for River Edge Redevelopment 
8Zones.  
9    (a) Before the effective date of this amendatory Act of the 
10100th General Assembly, an An area is qualified to become a 
11zone if it:
12        (1) is a contiguous area adjacent to or surrounding a 
13    river;
14        (2) comprises a minimum of one half square mile and not 
15    more than 12 square miles, exclusive of lakes and 
16    waterways;
 
 
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1        (3) satisfies any additional criteria established by 
2    the Department consistent with the purposes of this Act;
3        (4) is entirely within a single municipality; and
4        (5) has at least 100 acres of environmentally 
5    challenged land within 1500 yards of the riverfront.

6    The changes made by this amendatory Act of the 100th 
7General Assembly do not affect the certification of any area 
8certified by the Department as a River Edge Redevelopment Zone 
9under this subsection before the effective date of this 
10amendatory Act of the 100th General Assembly.
11    (b) On and after the effective date of this amendatory Act 
12of the 100th General Assembly, an area is qualified to become a 
13zone if it is an area in the State:
14        (1) located on a river;
15        (2) with less than 30,000 population; and
16        (3) that meets one of the following conditions:
17            (i) has a median household income of less than 80% 
18        of State median income for a household of 4, as 
19        determined by the U.S. Department of Housing and Urban 
20        Development;
21            (ii) has a per capita personal income of less than 
22        60% of the per capita personal income for Illinois as 
23        determined by the U.S. Department of Commerce; or
24            (iii) has a median home price of less than 60% of 
25        the State median home price. 
26(Source: P.A. 94-1021, eff. 7-12-06; 94-1022, eff. 7-12-06.)

 

 
 
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1    Section 99. Effective date. This Act takes effect upon 
2becoming law.".