Illinois General Assembly - Bill Status for SB2092
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 Bill Status of SB2092  93rd General Assembly


Short Description:  MUNI CD-TIF REPORTS

Senate Sponsors
Sen. Christine Radogno

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/8-8-4from Ch. 24, par. 8-8-4
65 ILCS 5/8-8-8from Ch. 24, par. 8-8-8
30 ILCS 805/8.27 new


Synopsis As Introduced
Amends the Illinois Municipal Code. Requires a reporting municipality to comply with certain procedures and pay certain compensation to the Comptroller if a tax increment financing report is not filed within 6 months after the close of the fiscal year of the municipality. Provides that payment for the tax increment financing report shall be ordered by the corporate authorities of the municipality out of the municipality's tax increment financing funds, and prohibits a municipality from levying a tax to meet the costs of a tax increment financing report. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

Actions 
DateChamber Action
  10/23/2003SenateFiled with Secretary by Sen. Christine Radogno
  10/23/2003SenateFirst Reading
  10/23/2003SenateReferred to Rules
  1/11/2005SenateSession Sine Die

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