SB1553 Enrolled LRB096 10849 RLJ 21079 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Municipal Code is amended by
5 changing Section 11-74.4-3.5 as follows:
 
6     (65 ILCS 5/11-74.4-3.5)
7     (Text of Section before amendment by P.A. 95-1028)
8     Sec. 11-74.4-3.5. Completion dates for redevelopment
9 projects.
10     (a) Unless otherwise stated in this Section, the estimated
11 dates of completion of the redevelopment project and retirement
12 of obligations issued to finance redevelopment project costs
13 (including refunding bonds under Section 11-74.4-7) may not be
14 later than December 31 of the year in which the payment to the
15 municipal treasurer, as provided in subsection (b) of Section
16 11-74.4-8 of this Act, is to be made with respect to ad valorem
17 taxes levied in the 23rd calendar year after the year in which
18 the ordinance approving the redevelopment project area was
19 adopted if the ordinance was adopted on or after January 15,
20 1981.
21     (b) The estimated dates of completion of the redevelopment
22 project and retirement of obligations issued to finance
23 redevelopment project costs (including refunding bonds under

 

 

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1 Section 11-74.4-7) may not be later than December 31 of the
2 year in which the payment to the municipal treasurer as
3 provided in subsection (b) of Section 11-74.4-8 of this Act is
4 to be made with respect to ad valorem taxes levied in the 33rd
5 calendar year after the year in which the ordinance approving
6 the redevelopment project area was adopted, if the ordinance
7 was adopted on May 20, 1985 by the Village of Wheeling.
8     (b-5) The estimated dates of completion of the
9 redevelopment project and retirement of obligations issued to
10 finance redevelopment project costs (including refunding bonds
11 under Section 11-74.4-7) may not be later than December 31 of
12 the year in which the payment to the municipal treasurer as
13 provided in subsection (b) of Section 11-74.4-8 of this Act is
14 to be made with respect to ad valorem taxes levied in the 32nd
15 calendar year after the year in which the ordinance approving
16 the redevelopment project area was adopted, if the ordinance
17 was adopted on September 9, 1999 by the Village of Downs.
18     (c) The estimated dates of completion of the redevelopment
19 project and retirement of obligations issued to finance
20 redevelopment project costs (including refunding bonds under
21 Section 11-74.4-7) may not be later than December 31 of the
22 year in which the payment to the municipal treasurer as
23 provided in subsection (b) of Section 11-74.4-8 of this Act is
24 to be made with respect to ad valorem taxes levied in the 35th
25 calendar year after the year in which the ordinance approving
26 the redevelopment project area was adopted:

 

 

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1         (1) if the ordinance was adopted before January 15,
2     1981;
3         (2) if the ordinance was adopted in December 1983,
4     April 1984, July 1985, or December 1989;
5         (3) if the ordinance was adopted in December 1987 and
6     the redevelopment project is located within one mile of
7     Midway Airport;
8         (4) if the ordinance was adopted before January 1, 1987
9     by a municipality in Mason County;
10         (5) if the municipality is subject to the Local
11     Government Financial Planning and Supervision Act or the
12     Financially Distressed City Law;
13         (6) if the ordinance was adopted in December 1984 by
14     the Village of Rosemont;
15         (7) if the ordinance was adopted on December 31, 1986
16     by a municipality located in Clinton County for which at
17     least $250,000 of tax increment bonds were authorized on
18     June 17, 1997, or if the ordinance was adopted on December
19     31, 1986 by a municipality with a population in 1990 of
20     less than 3,600 that is located in a county with a
21     population in 1990 of less than 34,000 and for which at
22     least $250,000 of tax increment bonds were authorized on
23     June 17, 1997;
24         (8) if the ordinance was adopted on October 5, 1982 by
25     the City of Kankakee, or if the ordinance was adopted on
26     December 29, 1986 by East St. Louis;

 

 

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

 

 

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1         (22) if the ordinance was adopted on December 23, 1986
2     by the City of Beardstown;
3         (23) if the ordinance was adopted on April 27, 1981,
4     October 21, 1985, or December 30, 1986 by the City of
5     Belleville;
6         (24) if the ordinance was adopted on December 29, 1986
7     by the City of Collinsville;
8         (25) if the ordinance was adopted on September 14, 1994
9     by the City of Alton;
10         (26) if the ordinance was adopted on November 11, 1996
11     by the City of Lexington;
12         (27) if the ordinance was adopted on November 5, 1984
13     by the City of LeRoy;
14         (28) if the ordinance was adopted on April 3, 1991 or
15     June 3, 1992 by the City of Markham;
16         (29) if the ordinance was adopted on November 11, 1986
17     by the City of Pekin;
18         (30) if the ordinance was adopted on December 15, 1981
19     by the City of Champaign;
20         (31) if the ordinance was adopted on December 15, 1986
21     by the City of Urbana;
22         (32) if the ordinance was adopted on December 15, 1986
23     by the Village of Heyworth;
24         (33) if the ordinance was adopted on February 24, 1992
25     by the Village of Heyworth;
26         (34) if the ordinance was adopted on March 16, 1995 by

 

 

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1     the Village of Heyworth;
2         (35) if the ordinance was adopted on December 23, 1986
3     by the Town of Cicero;
4         (36) if the ordinance was adopted on December 30, 1986
5     by the City of Effingham;
6         (37) if the ordinance was adopted on May 9, 1991 by the
7     Village of Tilton;
8         (38) if the ordinance was adopted on October 20, 1986
9     by the City of Elmhurst;
10         (39) if the ordinance was adopted on January 19, 1988
11     by the City of Waukegan;
12         (40) if the ordinance was adopted on September 21, 1998
13     by the City of Waukegan;
14         (41) if the ordinance was adopted on December 31, 1986
15     by the City of Sullivan;
16         (42) if the ordinance was adopted on December 23, 1991
17     by the City of Sullivan;
18         (43) if the ordinance was adopted on December 31, 1986
19     by the City of Oglesby;
20         (44) if the ordinance was adopted on July 28, 1987 by
21     the City of Marion;
22         (45) if the ordinance was adopted on April 23, 1990 by
23     the City of Marion;
24         (46) if the ordinance was adopted on August 20, 1985 by
25     the Village of Mount Prospect;
26         (47) if the ordinance was adopted on February 2, 1998

 

 

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

 

 

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1     of Villa Grove;
2         (61) if the ordinance was adopted on January 13, 1987
3     by the Village of Mt. Zion;
4         (62) if the ordinance was adopted on December 30, 1986
5     by the Village of Manteno;
6         (63) if the ordinance was adopted on April 3, 1989 by
7     the City of Chicago Heights;
8         (64) if the ordinance was adopted on January 6, 1999 by
9     the Village of Rosemont;
10         (65) if the ordinance was adopted on December 19, 2000
11     by the Village of Stone Park;
12         (66) if the ordinance was adopted on December 22, 1986
13     by the City of DeKalb; or
14         (67) if the ordinance was adopted on December 2, 1986
15     by the City of Aurora; .
16         (68) (67) if the ordinance was adopted on December 31,
17     1986 by the Village of Milan; or
18         (69) (68) if the ordinance was adopted on September 8,
19     1994 by the City of West Frankfort; .
20         (70) if the ordinance was adopted on December 23, 1986
21     by the Village of Libertyville;
22         (72) if the ordinance was adopted on December 29, 1986
23     by the City of Pontiac to create TIF I (the Main St TIF);
24     or
25         (73) if the ordinance was adopted on December 29, 1986
26     by the City of Pontiac to create TIF II (the Interstate

 

 

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1     TIF).
2     (d) For redevelopment project areas for which bonds were
3 issued before July 29, 1991, or for which contracts were
4 entered into before June 1, 1988, in connection with a
5 redevelopment project in the area within the State Sales Tax
6 Boundary, the estimated dates of completion of the
7 redevelopment project and retirement of obligations to finance
8 redevelopment project costs (including refunding bonds under
9 Section 11-74.4-7) may be extended by municipal ordinance to
10 December 31, 2013. The termination procedures of subsection (b)
11 of Section 11-74.4-8 are not required for these redevelopment
12 project areas in 2009 but are required in 2013. The extension
13 allowed by Public Act 87-1272 shall not apply to real property
14 tax increment allocation financing under Section 11-74.4-8.
15     (e) Those dates, for purposes of real property tax
16 increment allocation financing pursuant to Section 11-74.4-8
17 only, shall be not more than 35 years for redevelopment project
18 areas that were adopted on or after December 16, 1986 and for
19 which at least $8 million worth of municipal bonds were
20 authorized on or after December 19, 1989 but before January 1,
21 1990; provided that the municipality elects to extend the life
22 of the redevelopment project area to 35 years by the adoption
23 of an ordinance after at least 14 but not more than 30 days'
24 written notice to the taxing bodies, that would otherwise
25 constitute the joint review board for the redevelopment project
26 area, before the adoption of the ordinance.

 

 

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1     (f) Those dates, for purposes of real property tax
2 increment allocation financing pursuant to Section 11-74.4-8
3 only, shall be not more than 35 years for redevelopment project
4 areas that were established on or after December 1, 1981 but
5 before January 1, 1982 and for which at least $1,500,000 worth
6 of tax increment revenue bonds were authorized on or after
7 September 30, 1990 but before July 1, 1991; provided that the
8 municipality elects to extend the life of the redevelopment
9 project area to 35 years by the adoption of an ordinance after
10 at least 14 but not more than 30 days' written notice to the
11 taxing bodies, that would otherwise constitute the joint review
12 board for the redevelopment project area, before the adoption
13 of the ordinance.
14     (g) In consolidating the material relating to completion
15 dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
16 it is not the intent of the 95th General Assembly to make any
17 substantive change in the law, except for the extension of the
18 completion dates date for the City of Aurora, the Village of
19 Milan, and the City of West Frankfort, and the Village of
20 Libertyville set forth under items item (67), and (68), (69),
21 and (70) of subsection (c) of this Section.
22 (Source: P.A. 95-932, eff. 8-26-08; 95-964, eff. 9-23-08;
23 incorporates P.A. 95-777, eff. 9-22-08; revised 10-14-08.)
 
24     (Text of Section after amendment by P.A. 95-1028)
25     Sec. 11-74.4-3.5. Completion dates for redevelopment

 

 

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1 projects.
2     (a) Unless otherwise stated in this Section, the estimated
3 dates of completion of the redevelopment project and retirement
4 of obligations issued to finance redevelopment project costs
5 (including refunding bonds under Section 11-74.4-7) may not be
6 later than December 31 of the year in which the payment to the
7 municipal treasurer, as provided in subsection (b) of Section
8 11-74.4-8 of this Act, is to be made with respect to ad valorem
9 taxes levied in the 23rd calendar year after the year in which
10 the ordinance approving the redevelopment project area was
11 adopted if the ordinance was adopted on or after January 15,
12 1981.
13     (b) The estimated dates of completion of the redevelopment
14 project and retirement of obligations issued to finance
15 redevelopment project costs (including refunding bonds under
16 Section 11-74.4-7) may not be later than December 31 of the
17 year in which the payment to the municipal treasurer as
18 provided in subsection (b) of Section 11-74.4-8 of this Act is
19 to be made with respect to ad valorem taxes levied in the 33rd
20 calendar year after the year in which the ordinance approving
21 the redevelopment project area was adopted, if the ordinance
22 was adopted on May 20, 1985 by the Village of Wheeling.
23     (b-5) The estimated dates of completion of the
24 redevelopment project and retirement of obligations issued to
25 finance redevelopment project costs (including refunding bonds
26 under Section 11-74.4-7) may not be later than December 31 of

 

 

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1 the year in which the payment to the municipal treasurer as
2 provided in subsection (b) of Section 11-74.4-8 of this Act is
3 to be made with respect to ad valorem taxes levied in the 32nd
4 calendar year after the year in which the ordinance approving
5 the redevelopment project area was adopted, if the ordinance
6 was adopted on September 9, 1999 by the Village of Downs.
7     (c) The estimated dates of completion of the redevelopment
8 project and retirement of obligations issued to finance
9 redevelopment project costs (including refunding bonds under
10 Section 11-74.4-7) may not be later than December 31 of the
11 year in which the payment to the municipal treasurer as
12 provided in subsection (b) of Section 11-74.4-8 of this Act is
13 to be made with respect to ad valorem taxes levied in the 35th
14 calendar year after the year in which the ordinance approving
15 the redevelopment project area was adopted:
16         (1) if the ordinance was adopted before January 15,
17     1981;
18         (2) if the ordinance was adopted in December 1983,
19     April 1984, July 1985, or December 1989;
20         (3) if the ordinance was adopted in December 1987 and
21     the redevelopment project is located within one mile of
22     Midway Airport;
23         (4) if the ordinance was adopted before January 1, 1987
24     by a municipality in Mason County;
25         (5) if the municipality is subject to the Local
26     Government Financial Planning and Supervision Act or the

 

 

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1     Financially Distressed City Law;
2         (6) if the ordinance was adopted in December 1984 by
3     the Village of Rosemont;
4         (7) if the ordinance was adopted on December 31, 1986
5     by a municipality located in Clinton County for which at
6     least $250,000 of tax increment bonds were authorized on
7     June 17, 1997, or if the ordinance was adopted on December
8     31, 1986 by a municipality with a population in 1990 of
9     less than 3,600 that is located in a county with a
10     population in 1990 of less than 34,000 and for which at
11     least $250,000 of tax increment bonds were authorized on
12     June 17, 1997;
13         (8) if the ordinance was adopted on October 5, 1982 by
14     the City of Kankakee, or if the ordinance was adopted on
15     December 29, 1986 by East St. Louis;
16         (9) if the ordinance was adopted on November 12, 1991
17     by the Village of Sauget;
18         (10) if the ordinance was adopted on February 11, 1985
19     by the City of Rock Island;
20         (11) if the ordinance was adopted before December 18,
21     1986 by the City of Moline;
22         (12) if the ordinance was adopted in September 1988 by
23     Sauk Village;
24         (13) if the ordinance was adopted in October 1993 by
25     Sauk Village;
26         (14) if the ordinance was adopted on December 29, 1986

 

 

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1     by the City of Galva;
2         (15) if the ordinance was adopted in March 1991 by the
3     City of Centreville;
4         (16) if the ordinance was adopted on January 23, 1991
5     by the City of East St. Louis;
6         (17) if the ordinance was adopted on December 22, 1986
7     by the City of Aledo;
8         (18) if the ordinance was adopted on February 5, 1990
9     by the City of Clinton;
10         (19) if the ordinance was adopted on September 6, 1994
11     by the City of Freeport;
12         (20) if the ordinance was adopted on December 22, 1986
13     by the City of Tuscola;
14         (21) if the ordinance was adopted on December 23, 1986
15     by the City of Sparta;
16         (22) if the ordinance was adopted on December 23, 1986
17     by the City of Beardstown;
18         (23) if the ordinance was adopted on April 27, 1981,
19     October 21, 1985, or December 30, 1986 by the City of
20     Belleville;
21         (24) if the ordinance was adopted on December 29, 1986
22     by the City of Collinsville;
23         (25) if the ordinance was adopted on September 14, 1994
24     by the City of Alton;
25         (26) if the ordinance was adopted on November 11, 1996
26     by the City of Lexington;

 

 

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1         (27) if the ordinance was adopted on November 5, 1984
2     by the City of LeRoy;
3         (28) if the ordinance was adopted on April 3, 1991 or
4     June 3, 1992 by the City of Markham;
5         (29) if the ordinance was adopted on November 11, 1986
6     by the City of Pekin;
7         (30) if the ordinance was adopted on December 15, 1981
8     by the City of Champaign;
9         (31) if the ordinance was adopted on December 15, 1986
10     by the City of Urbana;
11         (32) if the ordinance was adopted on December 15, 1986
12     by the Village of Heyworth;
13         (33) if the ordinance was adopted on February 24, 1992
14     by the Village of Heyworth;
15         (34) if the ordinance was adopted on March 16, 1995 by
16     the Village of Heyworth;
17         (35) if the ordinance was adopted on December 23, 1986
18     by the Town of Cicero;
19         (36) if the ordinance was adopted on December 30, 1986
20     by the City of Effingham;
21         (37) if the ordinance was adopted on May 9, 1991 by the
22     Village of Tilton;
23         (38) if the ordinance was adopted on October 20, 1986
24     by the City of Elmhurst;
25         (39) if the ordinance was adopted on January 19, 1988
26     by the City of Waukegan;

 

 

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1         (40) if the ordinance was adopted on September 21, 1998
2     by the City of Waukegan;
3         (41) if the ordinance was adopted on December 31, 1986
4     by the City of Sullivan;
5         (42) if the ordinance was adopted on December 23, 1991
6     by the City of Sullivan;
7         (43) if the ordinance was adopted on December 31, 1986
8     by the City of Oglesby;
9         (44) if the ordinance was adopted on July 28, 1987 by
10     the City of Marion;
11         (45) if the ordinance was adopted on April 23, 1990 by
12     the City of Marion;
13         (46) if the ordinance was adopted on August 20, 1985 by
14     the Village of Mount Prospect;
15         (47) if the ordinance was adopted on February 2, 1998
16     by the Village of Woodhull;
17         (48) if the ordinance was adopted on April 20, 1993 by
18     the Village of Princeville;
19         (49) if the ordinance was adopted on July 1, 1986 by
20     the City of Granite City;
21         (50) if the ordinance was adopted on February 2, 1989
22     by the Village of Lombard;
23         (51) if the ordinance was adopted on December 29, 1986
24     by the Village of Gardner;
25         (52) if the ordinance was adopted on July 14, 1999 by
26     the Village of Paw Paw;

 

 

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1         (53) if the ordinance was adopted on November 17, 1986
2     by the Village of Franklin Park;
3         (54) if the ordinance was adopted on November 20, 1989
4     by the Village of South Holland;
5         (55) if the ordinance was adopted on July 14, 1992 by
6     the Village of Riverdale;
7         (56) if the ordinance was adopted on December 29, 1986
8     by the City of Galesburg;
9         (57) if the ordinance was adopted on April 1, 1985 by
10     the City of Galesburg;
11         (58) if the ordinance was adopted on May 21, 1990 by
12     the City of West Chicago;
13         (59) if the ordinance was adopted on December 16, 1986
14     by the City of Oak Forest;
15         (60) if the ordinance was adopted in 1999 by the City
16     of Villa Grove;
17         (61) if the ordinance was adopted on January 13, 1987
18     by the Village of Mt. Zion;
19         (62) if the ordinance was adopted on December 30, 1986
20     by the Village of Manteno;
21         (63) if the ordinance was adopted on April 3, 1989 by
22     the City of Chicago Heights;
23         (64) if the ordinance was adopted on January 6, 1999 by
24     the Village of Rosemont;
25         (65) if the ordinance was adopted on December 19, 2000
26     by the Village of Stone Park;

 

 

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1         (66) if the ordinance was adopted on December 22, 1986
2     by the City of DeKalb; or
3         (67) if the ordinance was adopted on December 2, 1986
4     by the City of Aurora; .
5         (68) (67) if the ordinance was adopted on December 31,
6     1986 by the Village of Milan; or
7         (69) (68) if the ordinance was adopted on September 8,
8     1994 by the City of West Frankfort; .
9         (70) if the ordinance was adopted on December 23, 1986
10     by the Village of Libertyville;
11         (71) if the ordinance was adopted on December 22, 1986
12     by the Village of Hoffman Estates;
13         (72) if the ordinance was adopted on December 29, 1986
14     by the City of Pontiac to create TIF I (the Main St TIF);
15     or
16         (73) if the ordinance was adopted on December 29, 1986
17     by the City of Pontiac to create TIF II (the Interstate
18     TIF).
19     (d) For redevelopment project areas for which bonds were
20 issued before July 29, 1991, or for which contracts were
21 entered into before June 1, 1988, in connection with a
22 redevelopment project in the area within the State Sales Tax
23 Boundary, the estimated dates of completion of the
24 redevelopment project and retirement of obligations to finance
25 redevelopment project costs (including refunding bonds under
26 Section 11-74.4-7) may be extended by municipal ordinance to

 

 

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1 December 31, 2013. The termination procedures of subsection (b)
2 of Section 11-74.4-8 are not required for these redevelopment
3 project areas in 2009 but are required in 2013. The extension
4 allowed by Public Act 87-1272 shall not apply to real property
5 tax increment allocation financing under Section 11-74.4-8.
6     (e) Those dates, for purposes of real property tax
7 increment allocation financing pursuant to Section 11-74.4-8
8 only, shall be not more than 35 years for redevelopment project
9 areas that were adopted on or after December 16, 1986 and for
10 which at least $8 million worth of municipal bonds were
11 authorized on or after December 19, 1989 but before January 1,
12 1990; provided that the municipality elects to extend the life
13 of the redevelopment project area to 35 years by the adoption
14 of an ordinance after at least 14 but not more than 30 days'
15 written notice to the taxing bodies, that would otherwise
16 constitute the joint review board for the redevelopment project
17 area, before the adoption of the ordinance.
18     (f) Those dates, for purposes of real property tax
19 increment allocation financing pursuant to Section 11-74.4-8
20 only, shall be not more than 35 years for redevelopment project
21 areas that were established on or after December 1, 1981 but
22 before January 1, 1982 and for which at least $1,500,000 worth
23 of tax increment revenue bonds were authorized on or after
24 September 30, 1990 but before July 1, 1991; provided that the
25 municipality elects to extend the life of the redevelopment
26 project area to 35 years by the adoption of an ordinance after

 

 

SB1553 Enrolled - 20 - LRB096 10849 RLJ 21079 b

1 at least 14 but not more than 30 days' written notice to the
2 taxing bodies, that would otherwise constitute the joint review
3 board for the redevelopment project area, before the adoption
4 of the ordinance.
5     (g) In consolidating the material relating to completion
6 dates from Sections 11-74.4-3 and 11-74.4-7 into this Section,
7 it is not the intent of the 95th General Assembly to make any
8 substantive change in the law, except for the extension of the
9 completion dates date for the City of Aurora, the Village of
10 Milan, and the City of West Frankfort, the Village of
11 Libertyville, and the Village of Hoffman Estates set forth
12 under items item (67), and (68), (69), (70), and (71) of
13 subsection (c) of this Section.
14 (Source: P.A. 95-932, eff. 8-26-08; 95-964, eff. 9-23-08;
15 incorporates P.A. 95-777, eff. 9-22-08, and 95-1028, eff.
16 1-1-10; revised 1-27-09.)
 
17     Section 95. No acceleration or delay. Where this Act makes
18 changes in a statute that is represented in this Act by text
19 that is not yet or no longer in effect (for example, a Section
20 represented by multiple versions), the use of that text does
21 not accelerate or delay the taking effect of (i) the changes
22 made by this Act or (ii) provisions derived from any other
23 Public Act.
 
24     Section 99. Effective date. This Act takes effect upon
25 becoming law.