SB3436 - 104th General Assembly (2025-2026)

CAP CITY REDEVELOPMENT ZONE
Last Action
2/17/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Doris Turner
Statutes Amended In Order of Appearance
New Act  
20 ILCS 605/605-908 new  
20 ILCS 715/5  
30 ILCS 105/5.1038 new  
35 ILCS 5/201  
35 ILCS 5/203  from Ch. 120, par. 2-203
35 ILCS 5/221.5 new  
35 ILCS 105/12  from Ch. 120, par. 439.12
35 ILCS 110/12  from Ch. 120, par. 439.42
35 ILCS 115/12  from Ch. 120, par. 439.112
35 ILCS 120/2-53 new  
35 ILCS 200/18-170  
220 ILCS 5/9-222.1  from Ch. 111 2/3, par. 9-222.1
415 ILCS 5/58.13  
415 ILCS 5/58.14b new  
Synopsis As Introduced
Creates the Capital City Redevelopment Zone Act. Sets forth qualifications for an area to be designated as a Capital City Redevelopment Zone. Provides procedures and requirements for the initiation of a Capital City Redevelopment Zone by a municipality. Requires a municipality that has adopted an ordinance designating an area as a Capital City Redevelopment Zone to apply to the Department of Commerce and Economic Opportunity for certification of the zone. Sets forth requirements for certification. Provides for procedures and requirements for the review of Capital City Redevelopment Zone applications and the certification, amendment, and decertification of a Capital City Redevelopment Zone. Provides for adoption of tax increment financing. Describes the powers and duties of the Department of Commerce and Economic Opportunity. Provides requirements for administration of a Capital City Redevelopment Zone. Provides requirements for notice of cessation of business operations for businesses within a Capital City Redevelopment Zone. Provides for an income tax deduction. Sets forth accounting requirements regarding tax exemptions and other benefits under the Act. Provides for a capital city construction jobs income tax credit. Specifies the requirements that apply to taxpayers seeking capital city construction job tax credits. Creates the Capital City Development Fund as a special fund in the State treasury. Provides for grants to eligible developers. Makes findings. Defines terms. Makes conforming changes. Adds references to the Capital City Redevelopment Zone Act in the Corporate Accountability for Tax Expenditures Act, the Illinois Income Tax Act, the Retailers' Occupation Tax Act, the Property Tax Code, and the Environmental Protection Act. Effective immediately.
Actions
DateChamberAction
2/04/2026SenateFiled with Secretary by Sen. Doris Turner
2/04/2026SenateFirst Reading
2/04/2026SenateReferred to Assignments
2/17/2026SenateAssigned to Revenue