Illinois General Assembly - Bill Status for HB2363
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 Bill Status of HB2363  102nd General Assembly


Short Description:  TIF-VILLAGE OF SHERMAN

House Sponsors
Rep. Tim Butler

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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 
DateChamber Action
  2/17/2021HouseFiled with the Clerk by Rep. Tim Butler
  2/17/2021HouseFirst Reading
  2/17/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Revenue & Finance Committee
  3/18/2021HouseTo Property Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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