Synopsis As Introduced Amends the Economic Development Project Area Tax Increment Allocation Act of 1995. Provides that when a commission is created under the Act and receives any public funds or public monies, the board shall include at least 2 members of a labor council or labor councils and at least 2 members from 2 separate minority groups. Further provides that the labor council and minority group members shall be full commission members and shall not be compensated. Defines terms.
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill changing the following: that the board of a commission shall include at least: (i) 2 members from 2 separate minority groups, or (ii) one member who is a woman and one member from a minority group (2 members from 2 separate minority group in the introduced bill); removing "a woman" from the definition of "minority group"; and amends the Economic Development Area Tax Increment Allocation Act, the County Economic Development Project Area Property Tax Allocation Act, the County Economic Development Project Area Tax Increment Allocation Act of 1991, the Tax Increment Allocation Redevelopment Act and the Industrial Jobs Recover Law of the Illinois Municipal Code, and the Economic Development Project Area Tax Increment Allocation Act of 1995 making contributing changes.
Senate Floor Amendment No. 2 Reinserts "woman" into the definition of a minority group. Defines "public funds" and "public monies". Provides that no membership fees, dues, or assessments shall be required of any commission member.