Rep. Lance Yednock

Filed: 5/25/2024

 

 


 

 


 
10300SB2906ham002LRB103 37797 AWJ 74181 a

1
AMENDMENT TO SENATE BILL 2906

2    AMENDMENT NO. ______. Amend Senate Bill 2906, AS AMENDED,
3by replacing everything after the enacting clause with the
4following:
 
5    "Section 5. The Illinois Municipal Code is amended by
6changing Section 11-74.4-3.5 as follows:
 
7    (65 ILCS 5/11-74.4-3.5)
8    Sec. 11-74.4-3.5. Completion dates for redevelopment
9projects.
10    (a) Unless otherwise stated in this Section, the estimated
11dates of completion of the redevelopment project and
12retirement of obligations issued to finance redevelopment
13project costs (including refunding bonds under Section
1411-74.4-7) may not be later than December 31 of the year in
15which the payment to the municipal treasurer, as provided in
16subsection (b) of Section 11-74.4-8 of this Act, is to be made

 

 

10300SB2906ham002- 2 -LRB103 37797 AWJ 74181 a

1with respect to ad valorem taxes levied in the 23rd calendar
2year after the year in which the ordinance approving the
3redevelopment project area was adopted if the ordinance was
4adopted on or after January 15, 1981.
5    (a-5) If the redevelopment project area is located within
6a transit facility improvement area established pursuant to
7Section 11-74.4-3, the estimated dates of completion of the
8redevelopment project and retirement of obligations issued to
9finance redevelopment project costs (including refunding bonds
10under Section 11-74.4-7) may not be later than December 31 of
11the year in which the payment to the municipal treasurer, as
12provided in subsection (b) of Section 11-74.4-8 of this Act,
13is to be made with respect to ad valorem taxes levied in the
1435th calendar year after the year in which the ordinance
15approving the redevelopment project area was adopted.
16    (a-7) A municipality may adopt tax increment financing for
17a redevelopment project area located in a transit facility
18improvement area that also includes real property located
19within an existing redevelopment project area established
20prior to August 12, 2016 (the effective date of Public Act
2199-792). In such case: (i) the provisions of this Division
22shall apply with respect to the previously established
23redevelopment project area until the municipality adopts, as
24required in accordance with applicable provisions of this
25Division, an ordinance dissolving the special tax allocation
26fund for such redevelopment project area and terminating the

 

 

10300SB2906ham002- 3 -LRB103 37797 AWJ 74181 a

1designation of such redevelopment project area as a
2redevelopment project area; and (ii) after the effective date
3of the ordinance described in (i), the provisions of this
4Division shall apply with respect to the subsequently
5established redevelopment project area located in a transit
6facility improvement area.
7    (b) The estimated dates of completion of the redevelopment
8project and retirement of obligations issued to finance
9redevelopment project costs (including refunding bonds under
10Section 11-74.4-7) may not be later than December 31 of the
11year in which the payment to the municipal treasurer as
12provided in subsection (b) of Section 11-74.4-8 of this Act is
13to be made with respect to ad valorem taxes levied in the 32nd
14calendar year after the year in which the ordinance approving
15the redevelopment project area was adopted if the ordinance
16was adopted on September 9, 1999 by the Village of Downs.
17    The estimated dates of completion of the redevelopment
18project and retirement of obligations issued to finance
19redevelopment project costs (including refunding bonds under
20Section 11-74.4-7) may not be later than December 31 of the
21year in which the payment to the municipal treasurer as
22provided in subsection (b) of Section 11-74.4-8 of this Act is
23to be made with respect to ad valorem taxes levied in the 33rd
24calendar year after the year in which the ordinance approving
25the redevelopment project area was adopted if the ordinance
26was adopted on May 20, 1985 by the Village of Wheeling.

 

 

10300SB2906ham002- 4 -LRB103 37797 AWJ 74181 a

1    The estimated dates of completion of the redevelopment
2project and retirement of obligations issued to finance
3redevelopment project costs (including refunding bonds under
4Section 11-74.4-7) may not be later than December 31 of the
5year in which the payment to the municipal treasurer as
6provided in subsection (b) of Section 11-74.4-8 of this Act is
7to be made with respect to ad valorem taxes levied in the 28th
8calendar year after the year in which the ordinance approving
9the redevelopment project area was adopted if the ordinance
10was adopted on October 12, 1989 by the City of Lawrenceville.
11    (b-5) The estimated dates of completion of the
12redevelopment project and retirement of obligations issued to
13finance redevelopment project costs (including refunding bonds
14under Section 11-74.4-7) may not be later than December 31 of
15the year in which the payment to the municipal treasurer as
16provided in subsection (b) of Section 11-74.4-8 of this Act is
17to be made with respect to ad valorem taxes levied in the 32nd
18calendar year after the year in which the ordinance approving
19the redevelopment project area was adopted if the ordinance
20was adopted on April 19, 2004 by the Village of Tremont.
21    (c) The estimated dates of completion of the redevelopment
22project and retirement of obligations issued to finance
23redevelopment project costs (including refunding bonds under
24Section 11-74.4-7) may not be later than December 31 of the
25year in which the payment to the municipal treasurer as
26provided in subsection (b) of Section 11-74.4-8 of this Act is

 

 

10300SB2906ham002- 5 -LRB103 37797 AWJ 74181 a

1to be made with respect to ad valorem taxes levied in the 35th
2calendar year after the year in which the ordinance approving
3the redevelopment project area was adopted:
4        (1) If the ordinance was adopted before January 15,
5    1981.
6        (2) If the ordinance was adopted in December 1983,
7    April 1984, July 1985, or December 1989.
8        (3) If the ordinance was adopted in December 1987 and
9    the redevelopment project is located within one mile of
10    Midway Airport.
11        (4) If the ordinance was adopted before January 1,
12    1987 by a municipality in Mason County.
13        (5) If the municipality is subject to the Local
14    Government Financial Planning and Supervision Act or the
15    Financially Distressed City Law.
16        (6) If the ordinance was adopted in December 1984 by
17    the Village of Rosemont.
18        (7) If the ordinance was adopted on December 31, 1986
19    by a municipality located in Clinton County for which at
20    least $250,000 of tax increment bonds were authorized on
21    June 17, 1997, or if the ordinance was adopted on December
22    31, 1986 by a municipality with a population in 1990 of
23    less than 3,600 that is located in a county with a
24    population in 1990 of less than 34,000 and for which at
25    least $250,000 of tax increment bonds were authorized on
26    June 17, 1997.

 

 

10300SB2906ham002- 6 -LRB103 37797 AWJ 74181 a

1        (8) If the ordinance was adopted on October 5, 1982 by
2    the City of Kankakee, or if the ordinance was adopted on
3    December 29, 1986 by East St. Louis.
4        (9) If the ordinance was adopted on November 12, 1991
5    by the Village of Sauget.
6        (10) If the ordinance was adopted on February 11, 1985
7    by the City of Rock Island.
8        (11) If the ordinance was adopted before December 18,
9    1986 by the City of Moline.
10        (12) If the ordinance was adopted in September 1988 by
11    Sauk Village.
12        (13) If the ordinance was adopted in October 1993 by
13    Sauk Village.
14        (14) If the ordinance was adopted on December 29, 1986
15    by the City of Galva.
16        (15) If the ordinance was adopted in March 1991 by the
17    City of Centreville.
18        (16) If the ordinance was adopted on January 23, 1991
19    by the City of East St. Louis.
20        (17) If the ordinance was adopted on December 22, 1986
21    by the City of Aledo.
22        (18) If the ordinance was adopted on February 5, 1990
23    by the City of Clinton.
24        (19) If the ordinance was adopted on September 6, 1994
25    by the City of Freeport.
26        (20) If the ordinance was adopted on December 22, 1986

 

 

10300SB2906ham002- 7 -LRB103 37797 AWJ 74181 a

1    by the City of Tuscola.
2        (21) If the ordinance was adopted on December 23, 1986
3    by the City of Sparta.
4        (22) If the ordinance was adopted on December 23, 1986
5    by the City of Beardstown.
6        (23) If the ordinance was adopted on April 27, 1981,
7    October 21, 1985, or December 30, 1986 by the City of
8    Belleville.
9        (24) If the ordinance was adopted on December 29, 1986
10    by the City of Collinsville.
11        (25) If the ordinance was adopted on September 14,
12    1994 by the City of Alton.
13        (26) If the ordinance was adopted on November 11, 1996
14    by the City of Lexington.
15        (27) If the ordinance was adopted on November 5, 1984
16    by the City of LeRoy.
17        (28) If the ordinance was adopted on April 3, 1991 or
18    June 3, 1992 by the City of Markham.
19        (29) If the ordinance was adopted on November 11, 1986
20    by the City of Pekin.
21        (30) If the ordinance was adopted on December 15, 1981
22    by the City of Champaign.
23        (31) If the ordinance was adopted on December 15, 1986
24    by the City of Urbana.
25        (32) If the ordinance was adopted on December 15, 1986
26    by the Village of Heyworth.

 

 

10300SB2906ham002- 8 -LRB103 37797 AWJ 74181 a

1        (33) If the ordinance was adopted on February 24, 1992
2    by the Village of Heyworth.
3        (34) If the ordinance was adopted on March 16, 1995 by
4    the Village of Heyworth.
5        (35) If the ordinance was adopted on December 23, 1986
6    by the Town of Cicero.
7        (36) If the ordinance was adopted on December 30, 1986
8    by the City of Effingham.
9        (37) If the ordinance was adopted on May 9, 1991 by the
10    Village of Tilton.
11        (38) If the ordinance was adopted on October 20, 1986
12    by the City of Elmhurst.
13        (39) If the ordinance was adopted on January 19, 1988
14    by the City of Waukegan.
15        (40) If the ordinance was adopted on September 21,
16    1998 by the City of Waukegan.
17        (41) If the ordinance was adopted on December 31, 1986
18    by the City of Sullivan.
19        (42) If the ordinance was adopted on December 23, 1991
20    by the City of Sullivan.
21        (43) If the ordinance was adopted on December 31, 1986
22    by the City of Oglesby.
23        (44) If the ordinance was adopted on July 28, 1987 by
24    the City of Marion.
25        (45) If the ordinance was adopted on April 23, 1990 by
26    the City of Marion.

 

 

10300SB2906ham002- 9 -LRB103 37797 AWJ 74181 a

1        (46) If the ordinance was adopted on August 20, 1985
2    by the Village of Mount Prospect.
3        (47) If the ordinance was adopted on February 2, 1998
4    by the Village of Woodhull.
5        (48) If the ordinance was adopted on April 20, 1993 by
6    the Village of Princeville.
7        (49) If the ordinance was adopted on July 1, 1986 by
8    the City of Granite City.
9        (50) If the ordinance was adopted on February 2, 1989
10    by the Village of Lombard.
11        (51) If the ordinance was adopted on December 29, 1986
12    by the Village of Gardner.
13        (52) If the ordinance was adopted on July 14, 1999 by
14    the Village of Paw Paw.
15        (53) If the ordinance was adopted on November 17, 1986
16    by the Village of Franklin Park.
17        (54) If the ordinance was adopted on November 20, 1989
18    by the Village of South Holland.
19        (55) If the ordinance was adopted on July 14, 1992 by
20    the Village of Riverdale.
21        (56) If the ordinance was adopted on December 29, 1986
22    by the City of Galesburg.
23        (57) If the ordinance was adopted on April 1, 1985 by
24    the City of Galesburg.
25        (58) If the ordinance was adopted on May 21, 1990 by
26    the City of West Chicago.

 

 

10300SB2906ham002- 10 -LRB103 37797 AWJ 74181 a

1        (59) If the ordinance was adopted on December 16, 1986
2    by the City of Oak Forest.
3        (60) If the ordinance was adopted in 1999 by the City
4    of Villa Grove.
5        (61) If the ordinance was adopted on January 13, 1987
6    by the Village of Mt. Zion.
7        (62) If the ordinance was adopted on December 30, 1986
8    by the Village of Manteno.
9        (63) If the ordinance was adopted on April 3, 1989 by
10    the City of Chicago Heights.
11        (64) If the ordinance was adopted on January 6, 1999
12    by the Village of Rosemont.
13        (65) If the ordinance was adopted on December 19, 2000
14    by the Village of Stone Park.
15        (66) If the ordinance was adopted on December 22, 1986
16    by the City of DeKalb.
17        (67) If the ordinance was adopted on December 2, 1986
18    by the City of Aurora.
19        (68) If the ordinance was adopted on December 31, 1986
20    by the Village of Milan.
21        (69) If the ordinance was adopted on September 8, 1994
22    by the City of West Frankfort.
23        (70) If the ordinance was adopted on December 23, 1986
24    by the Village of Libertyville.
25        (71) If the ordinance was adopted on December 22, 1986
26    by the Village of Hoffman Estates.

 

 

10300SB2906ham002- 11 -LRB103 37797 AWJ 74181 a

1        (72) If the ordinance was adopted on September 17,
2    1986 by the Village of Sherman.
3        (73) If the ordinance was adopted on December 16, 1986
4    by the City of Macomb.
5        (74) If the ordinance was adopted on June 11, 2002 by
6    the City of East Peoria to create the West Washington
7    Street TIF.
8        (75) If the ordinance was adopted on June 11, 2002 by
9    the City of East Peoria to create the Camp Street TIF.
10        (76) If the ordinance was adopted on August 7, 2000 by
11    the City of Des Plaines.
12        (77) If the ordinance was adopted on December 22, 1986
13    by the City of Washington to create the Washington Square
14    TIF #2.
15        (78) If the ordinance was adopted on December 29, 1986
16    by the City of Morris.
17        (79) If the ordinance was adopted on July 6, 1998 by
18    the Village of Steeleville.
19        (80) If the ordinance was adopted on December 29, 1986
20    by the City of Pontiac to create TIF I (the Main St TIF).
21        (81) If the ordinance was adopted on December 29, 1986
22    by the City of Pontiac to create TIF II (the Interstate
23    TIF).
24        (82) If the ordinance was adopted on November 6, 2002
25    by the City of Chicago to create the Madden/Wells TIF
26    District.

 

 

10300SB2906ham002- 12 -LRB103 37797 AWJ 74181 a

1        (83) If the ordinance was adopted on November 4, 1998
2    by the City of Chicago to create the Roosevelt/Racine TIF
3    District.
4        (84) If the ordinance was adopted on June 10, 1998 by
5    the City of Chicago to create the Stony Island
6    Commercial/Burnside Industrial Corridors TIF District.
7        (85) If the ordinance was adopted on November 29, 1989
8    by the City of Chicago to create the Englewood Mall TIF
9    District.
10        (86) If the ordinance was adopted on December 27, 1986
11    by the City of Mendota.
12        (87) If the ordinance was adopted on December 31, 1986
13    by the Village of Cahokia.
14        (88) If the ordinance was adopted on September 20,
15    1999 by the City of Belleville.
16        (89) If the ordinance was adopted on December 30, 1986
17    by the Village of Bellevue to create the Bellevue TIF
18    District 1.
19        (90) If the ordinance was adopted on December 13, 1993
20    by the Village of Crete.
21        (91) If the ordinance was adopted on February 12, 2001
22    by the Village of Crete.
23        (92) If the ordinance was adopted on April 23, 2001 by
24    the Village of Crete.
25        (93) If the ordinance was adopted on December 16, 1986
26    by the City of Champaign.

 

 

10300SB2906ham002- 13 -LRB103 37797 AWJ 74181 a

1        (94) If the ordinance was adopted on December 20, 1986
2    by the City of Charleston.
3        (95) If the ordinance was adopted on June 6, 1989 by
4    the Village of Romeoville.
5        (96) If the ordinance was adopted on October 14, 1993
6    and amended on August 2, 2010 by the City of Venice.
7        (97) If the ordinance was adopted on June 1, 1994 by
8    the City of Markham.
9        (98) If the ordinance was adopted on May 19, 1998 by
10    the Village of Bensenville.
11        (99) If the ordinance was adopted on November 12, 1987
12    by the City of Dixon.
13        (100) If the ordinance was adopted on December 20,
14    1988 by the Village of Lansing.
15        (101) If the ordinance was adopted on October 27, 1998
16    by the City of Moline.
17        (102) If the ordinance was adopted on May 21, 1991 by
18    the Village of Glenwood.
19        (103) If the ordinance was adopted on January 28, 1992
20    by the City of East Peoria.
21        (104) If the ordinance was adopted on December 14,
22    1998 by the City of Carlyle.
23        (105) If the ordinance was adopted on May 17, 2000, as
24    subsequently amended, by the City of Chicago to create the
25    Midwest Redevelopment TIF District.
26        (106) If the ordinance was adopted on September 13,

 

 

10300SB2906ham002- 14 -LRB103 37797 AWJ 74181 a

1    1989 by the City of Chicago to create the Michigan/Cermak
2    Area TIF District.
3        (107) If the ordinance was adopted on March 30, 1992
4    by the Village of Ohio.
5        (108) If the ordinance was adopted on July 6, 1998 by
6    the Village of Orangeville.
7        (109) If the ordinance was adopted on December 16,
8    1997 by the Village of Germantown.
9        (110) If the ordinance was adopted on April 28, 2003
10    by Gibson City.
11        (111) If the ordinance was adopted on December 18,
12    1990 by the Village of Washington Park, but only after the
13    Village of Washington Park becomes compliant with the
14    reporting requirements under subsection (d) of Section
15    11-74.4-5, and after the State Comptroller's certification
16    of such compliance.
17        (112) If the ordinance was adopted on February 28,
18    2000 by the City of Harvey.
19        (113) If the ordinance was adopted on January 11, 1991
20    by the City of Chicago to create the Read/Dunning TIF
21    District.
22        (114) If the ordinance was adopted on July 24, 1991 by
23    the City of Chicago to create the Sanitary and Ship Canal
24    TIF District.
25        (115) If the ordinance was adopted on December 4, 2007
26    by the City of Naperville.

 

 

10300SB2906ham002- 15 -LRB103 37797 AWJ 74181 a

1        (116) If the ordinance was adopted on July 1, 2002 by
2    the Village of Arlington Heights.
3        (117) If the ordinance was adopted on February 11,
4    1991 by the Village of Machesney Park.
5        (118) If the ordinance was adopted on December 29,
6    1993 by the City of Ottawa.
7        (119) If the ordinance was adopted on June 4, 1991 by
8    the Village of Lansing.
9        (120) If the ordinance was adopted on February 10,
10    2004 by the Village of Fox Lake.
11        (121) If the ordinance was adopted on December 22,
12    1992 by the City of Fairfield.
13        (122) If the ordinance was adopted on February 10,
14    1992 by the City of Mt. Sterling.
15        (123) If the ordinance was adopted on March 15, 2004
16    by the City of Batavia.
17        (124) If the ordinance was adopted on March 18, 2002
18    by the Village of Lake Zurich.
19        (125) If the ordinance was adopted on September 23,
20    1997 by the City of Granite City.
21        (126) If the ordinance was adopted on May 8, 2013 by
22    the Village of Rosemont to create the Higgins Road/River
23    Road TIF District No. 6.
24        (127) If the ordinance was adopted on November 22,
25    1993 by the City of Arcola.
26        (128) If the ordinance was adopted on September 7,

 

 

10300SB2906ham002- 16 -LRB103 37797 AWJ 74181 a

1    2004 by the City of Arcola.
2        (129) If the ordinance was adopted on November 29,
3    1999 by the City of Paris.
4        (130) If the ordinance was adopted on September 20,
5    1994 by the City of Ottawa to create the U.S. Route 6 East
6    Ottawa TIF.
7        (131) If the ordinance was adopted on May 2, 2002 by
8    the Village of Crestwood.
9        (132) If the ordinance was adopted on October 27, 1992
10    by the City of Blue Island.
11        (133) If the ordinance was adopted on December 23,
12    1993 by the City of Lacon.
13        (134) If the ordinance was adopted on May 4, 1998 by
14    the Village of Bradford.
15        (135) If the ordinance was adopted on June 11, 2002 by
16    the City of Oak Forest.
17        (136) If the ordinance was adopted on November 16,
18    1992 by the City of Pinckneyville.
19        (137) If the ordinance was adopted on March 1, 2001 by
20    the Village of South Jacksonville.
21        (138) If the ordinance was adopted on February 26,
22    1992 by the City of Chicago to create the Stockyards
23    Southeast Quadrant TIF District.
24        (139) If the ordinance was adopted on January 25, 1993
25    by the City of LaSalle.
26        (140) If the ordinance was adopted on December 23,

 

 

10300SB2906ham002- 17 -LRB103 37797 AWJ 74181 a

1    1997 by the Village of Dieterich.
2        (141) If the ordinance was adopted on February 10,
3    2016 by the Village of Rosemont to create the
4    Balmoral/Pearl TIF No. 8 Tax Increment Financing
5    Redevelopment Project Area.
6        (142) If the ordinance was adopted on June 11, 2002 by
7    the City of Oak Forest.
8        (143) If the ordinance was adopted on January 31, 1995
9    by the Village of Milledgeville.
10        (144) If the ordinance was adopted on February 5, 1996
11    by the Village of Pearl City.
12        (145) If the ordinance was adopted on December 21,
13    1994 by the City of Calumet City.
14        (146) If the ordinance was adopted on May 5, 2003 by
15    the Town of Normal.
16        (147) If the ordinance was adopted on June 2, 1998 by
17    the City of Litchfield.
18        (148) If the ordinance was adopted on October 23, 1995
19    by the City of Marion.
20        (149) If the ordinance was adopted on May 24, 2001 by
21    the Village of Hanover Park.
22        (150) If the ordinance was adopted on May 30, 1995 by
23    the Village of Dalzell.
24        (151) If the ordinance was adopted on April 15, 1997
25    by the City of Edwardsville.
26        (152) If the ordinance was adopted on September 5,

 

 

10300SB2906ham002- 18 -LRB103 37797 AWJ 74181 a

1    1995 by the City of Granite City.
2        (153) If the ordinance was adopted on June 21, 1999 by
3    the Village of Table Grove.
4        (154) If the ordinance was adopted on February 23,
5    1995 by the City of Springfield.
6        (155) If the ordinance was adopted on August 11, 1999
7    by the City of Monmouth.
8        (156) If the ordinance was adopted on December 26,
9    1995 by the Village of Posen.
10        (157) If the ordinance was adopted on July 1, 1995 by
11    the Village of Caseyville.
12        (158) If the ordinance was adopted on January 30, 1996
13    by the City of Madison.
14        (159) If the ordinance was adopted on February 2, 1996
15    by the Village of Hartford.
16        (160) If the ordinance was adopted on July 2, 1996 by
17    the Village of Manlius.
18        (161) If the ordinance was adopted on March 21, 2000
19    by the City of Hoopeston.
20        (162) If the ordinance was adopted on March 22, 2005
21    by the City of Hoopeston.
22        (163) If the ordinance was adopted on July 10, 1996 by
23    the City of Chicago to create the Goose Island TIF
24    District.
25        (164) If the ordinance was adopted on December 11,
26    1996 by the City of Chicago to create the Bryn

 

 

10300SB2906ham002- 19 -LRB103 37797 AWJ 74181 a

1    Mawr/Broadway TIF District.
2        (165) If the ordinance was adopted on December 31,
3    1995 by the City of Chicago to create the 95th/Western TIF
4    District.
5        (166) If the ordinance was adopted on October 7, 1998
6    by the City of Chicago to create the 71st and Stony Island
7    TIF District.
8        (167) If the ordinance was adopted on April 19, 1995
9    by the Village of North Utica.
10        (168) If the ordinance was adopted on April 22, 1996
11    by the City of LaSalle.
12        (169) If the ordinance was adopted on June 9, 2008 by
13    the City of Country Club Hills.
14        (170) If the ordinance was adopted on July 3, 1996 by
15    the Village of Phoenix.
16        (171) If the ordinance was adopted on May 19, 1997 by
17    the Village of Swansea.
18        (172) If the ordinance was adopted on August 13, 2001
19    by the Village of Saunemin.
20        (173) If the ordinance was adopted on January 10, 2005
21    by the Village of Romeoville.
22        (174) If the ordinance was adopted on January 28, 1997
23    by the City of Berwyn for the South Berwyn Corridor Tax
24    Increment Financing District.
25        (175) If the ordinance was adopted on January 28, 1997
26    by the City of Berwyn for the Roosevelt Road Tax Increment

 

 

10300SB2906ham002- 20 -LRB103 37797 AWJ 74181 a

1    Financing District.
2        (176) If the ordinance was adopted on May 3, 2001 by
3    the Village of Hanover Park for the Village Center Tax
4    Increment Financing Redevelopment Project Area (TIF # 3).
5        (177) If the ordinance was adopted on January 1, 1996
6    by the City of Savanna.
7        (178) If the ordinance was adopted on January 28, 2002
8    by the Village of Okawville.
9        (179) If the ordinance was adopted on October 4, 1999
10    by the City of Vandalia.
11        (180) If the ordinance was adopted on June 16, 2003 by
12    the City of Rushville.
13        (181) If the ordinance was adopted on December 7, 1998
14    by the City of Quincy for the Central Business District
15    West Tax Increment Redevelopment Project Area.
16        (182) If the ordinance was adopted on March 27, 1997
17    by the Village of Maywood approving the Roosevelt Road TIF
18    District.
19        (183) If the ordinance was adopted on March 27, 1997
20    by the Village of Maywood approving the Madison
21    Street/Fifth Avenue TIF District.
22        (184) If the ordinance was adopted on November 10,
23    1997 by the Village of Park Forest.
24        (185) If the ordinance was adopted on July 30, 1997 by
25    the City of Chicago to create the Near North TIF district.
26        (186) If the ordinance was adopted on December 1, 2000

 

 

10300SB2906ham002- 21 -LRB103 37797 AWJ 74181 a

1    by the Village of Mahomet.
2        (187) If the ordinance was adopted on June 16, 1999 by
3    the Village of Washburn.
4        (188) If the ordinance was adopted on August 19, 1998
5    by the Village of New Berlin.
6        (189) If the ordinance was adopted on February 5, 2002
7    by the City of Highwood.
8        (190) If the ordinance was adopted on June 1, 1997 by
9    the City of Flora.
10        (191) If the ordinance was adopted on August 17, 1999
11    by the City of Ottawa.
12        (192) If the ordinance was adopted on June 13, 2005 by
13    the City of Mount Carroll.
14        (193) If the ordinance was adopted on March 25, 2008
15    by the Village of Elizabeth.
16        (194) If the ordinance was adopted on February 22,
17    2000 by the City of Mount Pulaski.
18        (195) If the ordinance was adopted on November 21,
19    2000 by the City of Effingham.
20        (196) If the ordinance was adopted on January 28, 2003
21    by the City of Effingham.
22        (197) If the ordinance was adopted on February 4, 2008
23    by the City of Polo.
24        (198) If the ordinance was adopted on August 17, 2005
25    by the Village of Bellwood to create the Park Place TIF.
26        (199) If the ordinance was adopted on July 16, 2014 by

 

 

10300SB2906ham002- 22 -LRB103 37797 AWJ 74181 a

1    the Village of Bellwood to create the North-2014 TIF.
2        (200) If the ordinance was adopted on July 16, 2014 by
3    the Village of Bellwood to create the South-2014 TIF.
4        (201) If the ordinance was adopted on July 16, 2014 by
5    the Village of Bellwood to create the Central Metro-2014
6    TIF.
7        (202) If the ordinance was adopted on September 17,
8    2014 by the Village of Bellwood to create the Addison
9    Creek "A" (Southwest)-2014 TIF.
10        (203) If the ordinance was adopted on September 17,
11    2014 by the Village of Bellwood to create the Addison
12    Creek "B" (Northwest)-2014 TIF.
13        (204) If the ordinance was adopted on September 17,
14    2014 by the Village of Bellwood to create the Addison
15    Creek "C" (Northeast)-2014 TIF.
16        (205) If the ordinance was adopted on September 17,
17    2014 by the Village of Bellwood to create the Addison
18    Creek "D" (Southeast)-2014 TIF.
19        (206) If the ordinance was adopted on June 26, 2007 by
20    the City of Peoria.
21        (207) If the ordinance was adopted on October 28, 2008
22    by the City of Peoria.
23        (208) If the ordinance was adopted on April 4, 2000 by
24    the City of Joliet to create the Joliet City Center TIF
25    District.
26        (209) If the ordinance was adopted on July 8, 1998 by

 

 

10300SB2906ham002- 23 -LRB103 37797 AWJ 74181 a

1    the City of Chicago to create the 43rd/Cottage Grove TIF
2    district.
3        (210) If the ordinance was adopted on July 8, 1998 by
4    the City of Chicago to create the 79th Street Corridor TIF
5    district.
6        (211) If the ordinance was adopted on November 4, 1998
7    by the City of Chicago to create the Bronzeville TIF
8    district.
9        (212) If the ordinance was adopted on February 5, 1998
10    by the City of Chicago to create the Homan/Arthington TIF
11    district.
12        (213) If the ordinance was adopted on December 8, 1998
13    by the Village of Plainfield.
14        (214) If the ordinance was adopted on July 17, 2000 by
15    the Village of Homer.
16        (215) If the ordinance was adopted on December 27,
17    2006 by the City of Greenville.
18        (216) If the ordinance was adopted on June 10, 1998 by
19    the City of Chicago to create the Kinzie Industrial TIF
20    district.
21        (217) If the ordinance was adopted on December 2, 1998
22    by the City of Chicago to create the Northwest Industrial
23    TIF district.
24        (218) If the ordinance was adopted on June 10, 1998 by
25    the City of Chicago to create the Pilsen Industrial TIF
26    district.

 

 

10300SB2906ham002- 24 -LRB103 37797 AWJ 74181 a

1        (219) If the ordinance was adopted on January 14, 1997
2    by the City of Chicago to create the 35th/Halsted TIF
3    district.
4        (220) If the ordinance was adopted on June 9, 1999 by
5    the City of Chicago to create the Pulaski Corridor TIF
6    district.
7        (221) If the ordinance was adopted on December 16,
8    1997 by the City of Springfield to create the Enos Park
9    Neighborhood TIF District.
10        (222) If the ordinance was adopted on February 5, 1998
11    by the City of Chicago to create the Roosevelt/Cicero
12    redevelopment project area.
13        (223) If the ordinance was adopted on February 5, 1998
14    by the City of Chicago to create the Western/Ogden
15    redevelopment project area.
16        (224) If the ordinance was adopted on July 21, 1999 by
17    the City of Chicago to create the 24th/Michigan Avenue
18    redevelopment project area.
19        (225) If the ordinance was adopted on January 20, 1999
20    by the City of Chicago to create the Woodlawn
21    redevelopment project area.
22        (226) If the ordinance was adopted on July 7, 1999 by
23    the City of Chicago to create the Clark/Montrose
24    redevelopment project area.
25        (227) If the ordinance was adopted on November 4, 2003
26    by the City of Madison to create the Rivers Edge

 

 

10300SB2906ham002- 25 -LRB103 37797 AWJ 74181 a

1    redevelopment project area.
2        (228) If the ordinance was adopted on August 12, 2003
3    by the City of Madison to create the Caine Street
4    redevelopment project area.
5        (229) If the ordinance was adopted on March 7, 2000 by
6    the City of Madison to create the East Madison TIF.
7        (230) If the ordinance was adopted on August 3, 2001
8    by the Village of Aviston.
9        (231) If the ordinance was adopted on August 22, 2011
10    by the Village of Warren.
11        (232) If the ordinance was adopted on April 8, 1999 by
12    the City of Farmer City.
13        (233) If the ordinance was adopted on August 4, 1999
14    by the Village of Fairmont City.
15        (234) If the ordinance was adopted on October 2, 1999
16    by the Village of Fairmont City.
17        (235) If the ordinance was adopted December 16, 1999
18    by the City of Springfield.
19        (236) If the ordinance was adopted on December 13,
20    1999 by the Village of Palatine to create the Village of
21    Palatine Downtown Area TIF District.
22        (237) If the ordinance was adopted on September 29,
23    1999 by the City of Chicago to create the 111th/Kedzie
24    redevelopment project area.
25        (238) If the ordinance was adopted on November 12,
26    1998 by the City of Chicago to create the Canal/Congress

 

 

10300SB2906ham002- 26 -LRB103 37797 AWJ 74181 a

1    redevelopment project area.
2        (239) If the ordinance was adopted on July 7, 1999 by
3    the City of Chicago to create the Galewood/Armitage
4    Industrial redevelopment project area.
5        (240) If the ordinance was adopted on September 29,
6    1999 by the City of Chicago to create the Madison/Austin
7    Corridor redevelopment project area.
8        (241) If the ordinance was adopted on April 12, 2000
9    by the City of Chicago to create the South Chicago
10    redevelopment project area.
11        (242) If the ordinance was adopted on January 9, 2002
12    by the Village of Elkhart.
13        (243) If the ordinance was adopted on May 23, 2000 by
14    the City of Robinson to create the West Robinson
15    Industrial redevelopment project area.
16        (244) If the ordinance was adopted on October 9, 2001
17    by the City of Robinson to create the Downtown Robinson
18    redevelopment project area.
19        (245) If the ordinance was adopted on September 19,
20    2000 by the Village of Valmeyer.
21        (246) If the ordinance was adopted on April 15, 2002
22    by the City of McHenry to create the Downtown TIF
23    district.
24        (247) If the ordinance was adopted on February 15,
25    1999 by the Village of Channahon.
26        (248) If the ordinance was adopted on December 19,

 

 

10300SB2906ham002- 27 -LRB103 37797 AWJ 74181 a

1    2000 by the City of Peoria.
2        (249) If the ordinance was adopted on July 24, 2000 by
3    the City of Rock Island to create the North 11th Street
4    redevelopment project area.
5        (250) If the ordinance was adopted on February 5, 2002
6    by the City of Champaign to create the North Campustown
7    TIF.
8        (251) If the ordinance was adopted on November 20,
9    2000 by the Village of Evergreen Park.
10        (252) If the ordinance was adopted on February 16,
11    2000 by the City of Chicago to create the
12    Fullerton/Milwaukee redevelopment project area.
13        (253) If the ordinance was adopted on October 23, 2006
14    by the Village of Bourbonnais to create the Bourbonnais
15    Industrial Park Conservation Area.
16        (254) If the ordinance was adopted on February 22,
17    2000 by the City of Geneva to create the East State Street
18    redevelopment project area.
19        (255) If the ordinance was adopted on February 6, 2001
20    by the Village of Downers Grove to create the Ogden Avenue
21    redevelopment project area.
22        (256) If the ordinance was adopted on June 27, 2001 by
23    the City of Chicago to create the Division/Homan
24    redevelopment project area.
25        (257) If the ordinance was adopted on May 17, 2000 by
26    the City of Chicago to create the 63rd/Pulaski

 

 

10300SB2906ham002- 28 -LRB103 37797 AWJ 74181 a

1    redevelopment project area.
2        (258) If the ordinance was adopted on March 10, 1999
3    by the City of Chicago to create the Greater Southwest
4    Industrial (East) redevelopment project area.
5        (259) If the ordinance was adopted on February 16,
6    2000 by the City of Chicago to create the Lawrence/Kedzie
7    redevelopment project area.
8        (260) If the ordinance was adopted on November 3, 1999
9    by the City of Chicago to create the Lincoln Avenue
10    redevelopment project area.
11        (261) If the ordinance was adopted on September 3,
12    2015 by the Village of Fox River Grove to create the
13    Downtown TIF #2 redevelopment project area.
14        (262) If the ordinance was adopted on October 16, 2000
15    by the Village of Franklin Park to create the Downtown
16    Franklin Avenue redevelopment project area.
17        (263) If the ordinance was adopted on September 8,
18    2003 by the City of Jacksonville to create the Downtown
19    Redevelopment Project Area.
20        (264) If the ordinance was adopted on August 13, 2002
21    by the City of Prophetstown to create the Redevelopment
22    Project Area No. 1.
23        (265) If the ordinance was adopted on August 29, 2006
24    by the City of Ottawa to create the Ottawa Dayton
25    Industrial TIF District.
26        (266) If the ordinance was adopted on June 27, 2006 by

 

 

10300SB2906ham002- 29 -LRB103 37797 AWJ 74181 a

1    the City of Ottawa to create the Ottawa Canal TIF
2    District.
3        (267) If the ordinance was adopted on March 5, 2001 by
4    the City of Salem to create the TIF No 2 - Redevelopment
5    Area.
6        (268) If the ordinance was adopted on January 23, 2002
7    by the Village of Malta to create the Harkness Property
8    redevelopment project area.
9        (269) If the ordinance was adopted on June 16, 2008 by
10    the City of Highland to create TIF #1.
11        (270) If the ordinance was adopted on January 3, 2012
12    by the City of Highland to create TIF #2.
13        (271) If the ordinance was adopted on January 1, 2000
14    by the City of Chicago to create the Belmont/Central
15    redevelopment project area.
16        (272) If the ordinance was adopted on June 27, 2001 by
17    the City of Chicago to create the Englewood Neighborhood
18    redevelopment project area.
19        (273) If the ordinance was adopted on December 13,
20    2000 by the City of Chicago to create the Lake Calumet Area
21    Industrial redevelopment project area.
22        (274) If the ordinance was adopted on October 15, 2001
23    by the City of Des Plaines to create TIF No. 6 Mannheim
24    Higgins Road.
25        (275) If the ordinance was adopted on October 22, 2001
26    by the City of Sullivan to create TIF District III.

 

 

10300SB2906ham002- 30 -LRB103 37797 AWJ 74181 a

1        (276) If the ordinance was adopted on November 12,
2    2013 by the City of Oak Forest to create the City of Oak
3    Forest Cicero Avenue Tax Increment Financing District
4    Redevelopment Project Area TIF District #6.
5    (d) For redevelopment project areas for which bonds were
6issued before July 29, 1991, or for which contracts were
7entered into before June 1, 1988, in connection with a
8redevelopment project in the area within the State Sales Tax
9Boundary, the estimated dates of completion of the
10redevelopment project and retirement of obligations to finance
11redevelopment project costs (including refunding bonds under
12Section 11-74.4-7) may be extended by municipal ordinance to
13December 31, 2013. The termination procedures of subsection
14(b) of Section 11-74.4-8 are not required for these
15redevelopment project areas in 2009 but are required in 2013.
16The extension allowed by Public Act 87-1272 shall not apply to
17real property tax increment allocation financing under Section
1811-74.4-8.
19    (e) Those dates, for purposes of real property tax
20increment allocation financing pursuant to Section 11-74.4-8
21only, shall be not more than 35 years for redevelopment
22project areas that were adopted on or after December 16, 1986
23and for which at least $8 million worth of municipal bonds were
24authorized on or after December 19, 1989 but before January 1,
251990; provided that the municipality elects to extend the life
26of the redevelopment project area to 35 years by the adoption

 

 

10300SB2906ham002- 31 -LRB103 37797 AWJ 74181 a

1of an ordinance after at least 14 but not more than 30 days'
2written notice to the taxing bodies, that would otherwise
3constitute the joint review board for the redevelopment
4project area, before the adoption of the ordinance.
5    (f) Those dates, for purposes of real property tax
6increment allocation financing pursuant to Section 11-74.4-8
7only, shall be not more than 35 years for redevelopment
8project areas that were established on or after December 1,
91981 but before January 1, 1982 and for which at least
10$1,500,000 worth of tax increment revenue bonds were
11authorized on or after September 30, 1990 but before July 1,
121991; provided that the municipality elects to extend the life
13of the redevelopment project area to 35 years by the adoption
14of an ordinance after at least 14 but not more than 30 days'
15written notice to the taxing bodies, that would otherwise
16constitute the joint review board for the redevelopment
17project area, before the adoption of the ordinance.
18    (f-1) (Blank).
19    (f-2) (Blank).
20    (f-3) (Blank).
21    (f-5) Those dates, for purposes of real property tax
22increment allocation financing pursuant to Section 11-74.4-8
23only, shall be not more than 47 years for redevelopment
24project areas listed in this subsection; provided that (i) the
25municipality adopts an ordinance extending the life of the
26redevelopment project area to 47 years and (ii) the

 

 

10300SB2906ham002- 32 -LRB103 37797 AWJ 74181 a

1municipality provides notice to the taxing bodies that would
2otherwise constitute the joint review board for the
3redevelopment project area not more than 30 and not less than
414 days prior to the adoption of that ordinance:
5        (1) If the redevelopment project area was established
6    on December 29, 1981 by the City of Springfield.
7        (2) If the redevelopment project area was established
8    on December 29, 1986 by the City of Morris and that is
9    known as the Morris TIF District 1.
10        (3) If the redevelopment project area was established
11    on December 31, 1986 by the Village of Cahokia.
12        (4) If the redevelopment project area was established
13    on December 20, 1986 by the City of Charleston.
14        (5) If the redevelopment project area was established
15    on December 23, 1986 by the City of Beardstown.
16        (6) If the redevelopment project area was established
17    on December 23, 1986 by the Town of Cicero.
18        (7) If the redevelopment project area was established
19    on December 29, 1986 by the City of East St. Louis.
20        (8) If the redevelopment project area was established
21    on January 23, 1991 by the City of East St. Louis.
22        (9) If the redevelopment project area was established
23    on December 29, 1986 by the Village of Gardner.
24        (10) If the redevelopment project area was established
25    on June 11, 2002 by the City of East Peoria to create the
26    West Washington Street TIF.

 

 

10300SB2906ham002- 33 -LRB103 37797 AWJ 74181 a

1        (11) If the redevelopment project area was established
2    on December 22, 1986 by the City of Washington creating
3    the Washington Square TIF #2.
4        (12) If the redevelopment project area was established
5    on November 11, 1986 by the City of Pekin.
6        (13) If the redevelopment project area was established
7    on December 30, 1986 by the City of Belleville.
8        (14) If the ordinance was adopted on April 3, 1989 by
9    the City of Chicago Heights.
10        (15) If the redevelopment project area was established
11    on December 29, 1986 by the City of Pontiac to create TIF I
12    (the Main St TIF).
13        (16) If the redevelopment project area was established
14    on December 29, 1986 by the City of Pontiac to create TIF
15    II (the Interstate TIF).
16        (17) If the redevelopment project area was established
17    on December 23, 1986 by the City of Sparta to create TIF
18    #1. Any termination procedures provided for in Section
19    11-74.4-8 are not required for this redevelopment project
20    area prior to the 47th calendar year after the year in
21    which the ordinance approving the redevelopment project
22    year was adopted.
23        (18) If the redevelopment project area was established
24    on March 30, 1992 by the Village of Ohio to create the
25    Village of Ohio TIF District.
26        (19) If the redevelopment project area was established

 

 

10300SB2906ham002- 34 -LRB103 37797 AWJ 74181 a

1    on December 13, 1993 by the Village of Crete.
2        (20) If the redevelopment project area was established
3    on February 12, 2001 by the Village of Crete.
4        (21) If the redevelopment project area was established
5    on April 23, 2001 by the Village of Crete.
6        (22) If the redevelopment project area was established
7    on December 29, 1993 by the City of Ottawa to create the
8    Ottawa I-80 North TIF District.
9        (23) If the redevelopment project area was established
10    on September 20, 1994 by the City of Ottawa to create the
11    Ottawa Rt. 6 East TIF District.
12        (24) If the redevelopment project area was established
13    on January 6, 1999 by the Village of Rosemont to create the
14    Village of Rosemont TIF 4 South River Road.
15    (g) In consolidating the material relating to completion
16dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
17it is not the intent of the General Assembly to make any
18substantive change in the law, except for the extension of the
19completion dates for the City of Aurora, the Village of Milan,
20the City of West Frankfort, the Village of Libertyville, and
21the Village of Hoffman Estates set forth under items (67),
22(68), (69), (70), and (71) of subsection (c) of this Section.
23(Source: P.A. 102-117, eff. 7-23-21; 102-424, eff. 8-20-21;
24102-425, eff. 8-20-21; 102-446, eff. 8-20-21; 102-473, eff.
258-20-21; 102-627, eff. 8-27-21; 102-675, eff. 11-30-21;
26102-745, eff. 5-6-22; 102-818, eff. 5-13-22; 102-1113, eff.

 

 

10300SB2906ham002- 35 -LRB103 37797 AWJ 74181 a

112-21-22; 103-315, eff. 7-28-23; 103-575, eff. 12-8-23.)
 
2    Section 99. Effective date. This Act takes effect upon
3becoming law.".