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Sen. Don Harmon
Filed: 5/30/2012
| | 09700HB5495sam003 | | LRB097 18371 KMW 70465 a |
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| 1 | | AMENDMENT TO HOUSE BILL 5495
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| 2 | | AMENDMENT NO. ______. Amend House Bill 5495, AS AMENDED, |
| 3 | | with reference to page and line numbers of Senate Amendment No. |
| 4 | | 2, on page 33, by replacing lines 1 through 9 with the |
| 5 | | following:
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| 6 | | "camping and hunting. On and after January 1, 2013, no |
| 7 | | redevelopment plan may be approved that allocates more than 40% |
| 8 | | of the estimated redevelopment project costs to residential |
| 9 | | developments, and no redevelopment plan shall be amended to |
| 10 | | exceed that 40% limitation. The limitations on the allocation |
| 11 | | of estimated redevelopment project costs to residential |
| 12 | | developments imposed by this amendatory Act of the 97th General |
| 13 | | Assembly do not apply to residential development projects that: |
| 14 | | (i) include affordable housing for low-income and very |
| 15 | | low-income households, as defined by the Illinois Affordable |
| 16 | | Housing Act; (ii) are located in a municipality with a |
| 17 | | population of less than 25,000 inhabitants; or (iii) are |