Illinois General Assembly - Bill Status for SB1990
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 Bill Status of SB1990  96th General Assembly


Senate Sponsors
Sen. Michael Noland

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-10.2 new
65 ILCS 5/11-74.4-10.5 new
65 ILCS 5/11-74.4-10.7 new

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that annual revenues in excess of the budget for a redevelopment project area must be returned to the affected taxing districts. Provides that all redevelopment project areas must be approved by a majority vote of each county board and the governing authorities of the other taxing districts with boundaries that overlap the proposed redevelopment project area. Requires a municipality to create a citizen review panel for any redevelopment project area created by a municipality. Provides that a municipality must seek the advice of the citizen review panel concerning the budget and goals for redevelopment project areas.

DateChamber Action
  2/20/2009SenateFiled with Secretary by Sen. Michael Noland
  2/20/2009SenateFirst Reading
  2/20/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Revenue
  3/12/2009SenateTo Revenue Subcommittee on Property Taxes
  3/13/2009SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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