Illinois General Assembly - Bill Status for HB0845
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 Bill Status of HB0845  102nd General Assembly


Short Description:  MUNI CD-TIF-COMPLETION DATES

House Sponsors
Rep. Dan Ugaste and Chris Miller

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. Provides that the estimated dates of completion of the redevelopment project and retirement of obligations issued to finance redevelopment project costs is the 15th calendar year (rather than the 23rd calendar year) after the year in which the ordinance approving the redevelopment project area was adopted for ordinances adopted on or after the effective date of the amendatory Act. Effective immediately.

Actions 
DateChamber Action
  2/10/2021HouseFiled with the Clerk by Rep. Dan Ugaste
  2/10/2021HouseFirst Reading
  2/10/2021HouseReferred to Rules Committee
  3/2/2021HouseAssigned to Revenue & Finance Committee
  3/11/2021HouseTo Property Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  4/2/2021HouseAdded Co-Sponsor Rep. Chris Miller

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