Date	Chamber	Action
1/12/2011	Senate	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/11-74.4-10.2 new

65 ILCS 5/11-74.4-10.5 new

65 ILCS 5/11-74.4-10.7 new

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that annual revenues in excess of the budget for a redevelopment project area must be returned to the affected taxing districts. Provides that all redevelopment project areas must be approved by a majority vote of each county board and the governing authorities of the other taxing districts with boundaries that overlap the proposed redevelopment project area. Requires a municipality to create a citizen review panel for any redevelopment project area created by a municipality. Provides that a municipality must seek the advice of the citizen review panel concerning the budget and goals for redevelopment project areas.

Actions 

Date	Chamber	Action
2/20/2009	Senate	Filed with Secretary by Sen. Michael Noland
2/20/2009	Senate	First Reading
2/20/2009	Senate	Referred to Assignments
3/4/2009	Senate	Assigned to Revenue
3/12/2009	Senate	To Revenue Subcommittee on Property Taxes
3/13/2009	Senate	Rule 3-9(a) / Re-referred to Assignments
1/12/2011	Senate	Session Sine Die

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