Illinois General Assembly - Bill Status for HB2363

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Bill Status of HB2363 102nd General Assembly

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Short Description: TIF-VILLAGE OF SHERMAN

House Sponsors
Rep. Tim Butler

Last Action

Date	Chamber	Action
1/10/2023	House	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/11-74.4-3.5

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) after the adoption of the ordinance of September 17, 1986 by the Village of Sherman. Requires adoption of an ordinance extending the completion date and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

Actions

Date	Chamber	Action
2/17/2021	House	Filed with the Clerk by Rep. Tim Butler
2/17/2021	House	First Reading
2/17/2021	House	Referred to Rules Committee
3/9/2021	House	Assigned to Revenue & Finance Committee
3/18/2021	House	To Property Tax Subcommittee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

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