Full Text of SB2219 099th General Assembly
SB2219eng 99TH GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning local government.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois Municipal Code is amended by | 5 | | changing Section 11-74.4-3.5 as follows:
| 6 | | (65 ILCS 5/11-74.4-3.5)
| 7 | | Sec. 11-74.4-3.5. Completion dates for redevelopment | 8 | | projects. | 9 | | (a) Unless otherwise stated in this Section, the estimated | 10 | | dates of completion
of the redevelopment project and retirement | 11 | | of obligations issued to finance
redevelopment project costs | 12 | | (including refunding bonds under Section 11-74.4-7) may not be
| 13 | | later than December 31 of the year in which the payment to the | 14 | | municipal
treasurer, as provided in subsection (b) of Section | 15 | | 11-74.4-8 of this Act, is to
be made with respect to ad valorem | 16 | | taxes levied in the 23rd
calendar year after the year in which | 17 | | the ordinance approving the
redevelopment project area was | 18 | | adopted if the ordinance was adopted on or after
January 15, | 19 | | 1981. | 20 | | (b) The estimated dates of completion of the redevelopment | 21 | | project and retirement of obligations issued to finance | 22 | | redevelopment project costs (including refunding bonds under | 23 | | Section 11-74.4-7) may not be later than December 31 of the |
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| 1 | | year in which the payment to the municipal treasurer as | 2 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 3 | | to be made with respect to ad valorem taxes levied in the 32nd | 4 | | calendar year after the year in which the ordinance approving | 5 | | the redevelopment project area was adopted if the ordinance was | 6 | | adopted on September 9, 1999 by the Village of Downs. | 7 | | The estimated dates of completion
of the redevelopment | 8 | | project and retirement of obligations issued to finance
| 9 | | redevelopment project costs (including refunding bonds under | 10 | | Section 11-74.4-7) may not be later than December 31 of the | 11 | | year in which the payment to the municipal
treasurer as | 12 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 13 | | to
be made with respect to ad valorem taxes levied in the 33rd | 14 | | calendar
year after the year in which the ordinance approving | 15 | | the
redevelopment project area was adopted if the ordinance was | 16 | | adopted on May 20, 1985 by the Village of Wheeling. | 17 | | The estimated dates of completion of the redevelopment | 18 | | project and retirement of obligations issued to finance | 19 | | redevelopment project costs (including refunding bonds under | 20 | | Section 11-74.4-7) may not be later than December 31 of the | 21 | | year in which the payment to the municipal treasurer as | 22 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 23 | | to be made with respect to ad valorem taxes levied in the 28th | 24 | | calendar year after the year in which the ordinance approving | 25 | | the redevelopment project area was adopted if the ordinance was | 26 | | adopted on October 12, 1989 by the City of Lawrenceville. |
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| 1 | | (c) The estimated dates of completion
of the redevelopment | 2 | | project and retirement of obligations issued to finance
| 3 | | redevelopment project costs (including refunding bonds under | 4 | | Section 11-74.4-7) may not be later than December 31 of the | 5 | | year in which the payment to the municipal
treasurer as | 6 | | provided in subsection (b) of Section 11-74.4-8 of this Act is | 7 | | to
be made with respect to ad valorem taxes levied in the 35th | 8 | | calendar
year after the year in which the ordinance approving | 9 | | the
redevelopment project area was adopted: | 10 | | (1) If the ordinance was adopted before January 15, | 11 | | 1981. | 12 | | (2) If the ordinance was adopted in December 1983, | 13 | | April 1984, July 1985,
or December 1989. | 14 | | (3) If the ordinance was adopted in December 1987 and | 15 | | the redevelopment
project is located within one mile of | 16 | | Midway Airport. | 17 | | (4) If the ordinance was adopted before January 1, 1987 | 18 | | by a municipality in
Mason County. | 19 | | (5) If the municipality is subject to the Local | 20 | | Government Financial Planning
and Supervision Act or the | 21 | | Financially Distressed City Law. | 22 | | (6) If the ordinance was adopted in December 1984 by | 23 | | the Village of Rosemont. | 24 | | (7) If the ordinance was adopted on December 31, 1986 | 25 | | by a municipality
located in Clinton County for which at | 26 | | least $250,000 of tax increment
bonds were authorized on |
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| 1 | | June 17, 1997, or if the ordinance was adopted on
December | 2 | | 31, 1986 by a municipality with a population in 1990 of | 3 | | less than
3,600 that is located in a county with a | 4 | | population in 1990 of less than
34,000 and for which at | 5 | | least $250,000 of tax increment bonds were authorized
on | 6 | | June 17, 1997. | 7 | | (8) If the ordinance was adopted on October 5, 1982 by | 8 | | the City of Kankakee, or if the ordinance was adopted on | 9 | | December 29, 1986 by East St. Louis. | 10 | | (9) If
the ordinance was adopted on November 12, 1991 | 11 | | by the Village of Sauget. | 12 | | (10) If the ordinance was
adopted on February 11, 1985 | 13 | | by the City of Rock Island. | 14 | | (11) If the ordinance was adopted before December 18, | 15 | | 1986 by the City of
Moline. | 16 | | (12) If the ordinance was adopted in September 1988 by | 17 | | Sauk Village. | 18 | | (13) If the ordinance was adopted in October 1993 by | 19 | | Sauk Village. | 20 | | (14) If the ordinance was adopted on December 29, 1986 | 21 | | by the City of Galva. | 22 | | (15) If the ordinance was adopted in March 1991 by the | 23 | | City of Centreville. | 24 | | (16) If the ordinance was adopted on January 23, 1991
| 25 | | by the City of East St. Louis. | 26 | | (17) If the ordinance was adopted on December 22, 1986 |
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| 1 | | by the City of Aledo. | 2 | | (18) If the ordinance was adopted on February 5, 1990 | 3 | | by the City of Clinton. | 4 | | (19) If the ordinance was adopted on September 6, 1994 | 5 | | by the City of Freeport. | 6 | | (20) If the ordinance was adopted on December 22, 1986 | 7 | | by the City of Tuscola. | 8 | | (21) If the ordinance was adopted on December 23, 1986 | 9 | | by the City of Sparta. | 10 | | (22) If the ordinance was adopted on December 23, 1986 | 11 | | by the City of
Beardstown. | 12 | | (23) If the ordinance was adopted on April 27, 1981, | 13 | | October 21, 1985, or
December 30, 1986 by the City of | 14 | | Belleville. | 15 | | (24) If the ordinance was adopted on December 29, 1986 | 16 | | by the City of
Collinsville. | 17 | | (25) If the ordinance was adopted on September 14, 1994 | 18 | | by the
City of Alton. | 19 | | (26) If the ordinance was adopted on November 11, 1996 | 20 | | by the
City of Lexington. | 21 | | (27) If the ordinance was adopted on November 5, 1984 | 22 | | by
the City of LeRoy. | 23 | | (28) If the ordinance was adopted on April 3, 1991 or
| 24 | | June 3, 1992 by the City of Markham. | 25 | | (29) If the ordinance was adopted on November 11, 1986 | 26 | | by the City of Pekin. |
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| 1 | | (30) If the ordinance was adopted on December 15, 1981 | 2 | | by the City of Champaign. | 3 | | (31) If the ordinance was adopted on December 15, 1986 | 4 | | by the City of Urbana. | 5 | | (32) If the ordinance was adopted on December 15, 1986 | 6 | | by the Village of Heyworth. | 7 | | (33) If the ordinance was adopted on February 24, 1992 | 8 | | by the Village of Heyworth. | 9 | | (34) If the ordinance was adopted on March 16, 1995 by | 10 | | the Village of Heyworth. | 11 | | (35) If the ordinance was adopted on December 23, 1986 | 12 | | by the Town of Cicero. | 13 | | (36) If the ordinance was adopted on December 30, 1986 | 14 | | by the City of Effingham. | 15 | | (37) If the ordinance was adopted on May 9, 1991 by the | 16 | | Village of
Tilton. | 17 | | (38) If the ordinance was adopted on October 20, 1986 | 18 | | by the City of Elmhurst. | 19 | | (39) If the ordinance was adopted on January 19, 1988 | 20 | | by the City of
Waukegan. | 21 | | (40) If the ordinance was adopted on September 21, 1998 | 22 | | by the City of
Waukegan. | 23 | | (41) If the ordinance was adopted on December 31, 1986 | 24 | | by the City of Sullivan. | 25 | | (42) If the ordinance was adopted on December 23, 1991 | 26 | | by the City of Sullivan. |
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| 1 | | (43) If the ordinance was adopted on December 31, 1986 | 2 | | by the City of Oglesby. | 3 | | (44) If the ordinance was adopted on July 28, 1987 by | 4 | | the City of Marion. | 5 | | (45) If the ordinance was adopted on April 23, 1990 by | 6 | | the City of Marion. | 7 | | (46) If the ordinance was adopted on August 20, 1985 by | 8 | | the Village of Mount Prospect. | 9 | | (47) If the ordinance was adopted on February 2, 1998 | 10 | | by the Village of Woodhull. | 11 | | (48) If the ordinance was adopted on April 20, 1993 by | 12 | | the Village of Princeville. | 13 | | (49) If the ordinance was adopted on July 1, 1986 by | 14 | | the City of Granite City. | 15 | | (50) If the ordinance was adopted on February 2, 1989 | 16 | | by the Village of Lombard. | 17 | | (51) If the ordinance was adopted on December 29, 1986 | 18 | | by the Village of Gardner. | 19 | | (52) If the ordinance was adopted on July 14, 1999 by | 20 | | the Village of Paw Paw. | 21 | | (53) If the ordinance was adopted on November 17, 1986 | 22 | | by the Village of Franklin Park. | 23 | | (54) If the ordinance was adopted on November 20, 1989 | 24 | | by the Village of South Holland. | 25 | | (55) If the ordinance was adopted on July 14, 1992 by | 26 | | the Village of Riverdale. |
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| 1 | | (56) If the ordinance was adopted on December 29, 1986 | 2 | | by the City of Galesburg. | 3 | | (57) If the ordinance was adopted on April 1, 1985 by | 4 | | the City of Galesburg. | 5 | | (58) If the ordinance was adopted on May 21, 1990 by | 6 | | the City of West Chicago. | 7 | | (59) If the ordinance was adopted on December 16, 1986 | 8 | | by the City of Oak Forest. | 9 | | (60) If the ordinance was adopted in 1999 by the City | 10 | | of Villa Grove. | 11 | | (61) If the ordinance was adopted on January 13, 1987 | 12 | | by the Village of Mt. Zion. | 13 | | (62) If the ordinance was adopted on December 30, 1986 | 14 | | by the Village of Manteno. | 15 | | (63) If the ordinance was adopted on April 3, 1989 by | 16 | | the City of Chicago Heights. | 17 | | (64) If the ordinance was adopted on January 6, 1999 by | 18 | | the Village of Rosemont. | 19 | | (65) If the ordinance was adopted on December 19, 2000 | 20 | | by the Village of Stone Park. | 21 | | (66) If the ordinance was adopted on December 22, 1986 | 22 | | by the City of DeKalb. | 23 | | (67) If the ordinance was adopted on December 2, 1986 | 24 | | by the City of Aurora.
| 25 | | (68) If the ordinance was adopted on December 31, 1986 | 26 | | by the Village of Milan. |
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| 1 | | (69) If the ordinance was adopted on September 8, 1994 | 2 | | by the City of West Frankfort. | 3 | | (70) If the ordinance was adopted on December 23, 1986 | 4 | | by the Village of Libertyville. | 5 | | (71) If the ordinance was adopted on December 22, 1986 | 6 | | by the Village of Hoffman Estates.
| 7 | | (72) If the ordinance was adopted on September 17, 1986 | 8 | | by the Village of Sherman.
| 9 | | (73) If the ordinance was adopted on December 16, 1986 | 10 | | by the City of Macomb. | 11 | | (74) If the ordinance was adopted on June 11, 2002 by | 12 | | the City of East Peoria to create the West Washington | 13 | | Street TIF. | 14 | | (75) If the ordinance was adopted on June 11, 2002 by | 15 | | the City of East Peoria to create the Camp Street TIF.
| 16 | | (76) If the ordinance was adopted on August 7, 2000 by | 17 | | the City of Des Plaines. | 18 | | (77) If the ordinance was adopted on December 22, 1986 | 19 | | by the City of Washington to create the Washington Square | 20 | | TIF #2. | 21 | | (78) If the ordinance was adopted on December 29, 1986 | 22 | | by the City of Morris.
| 23 | | (79) If the ordinance was adopted on July 6, 1998 by | 24 | | the Village of Steeleville. | 25 | | (80) If the ordinance was adopted on December 29, 1986 | 26 | | by the City of Pontiac to create TIF I (the Main St TIF). |
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| 1 | | (81) If the ordinance was adopted on December 29, 1986 | 2 | | by the City of Pontiac to create TIF II (the Interstate | 3 | | TIF). | 4 | | (82) If the ordinance was adopted on November 6, 2002 | 5 | | by the City of Chicago to create the Madden/Wells TIF | 6 | | District. | 7 | | (83) If the ordinance was adopted on November 4, 1998 | 8 | | by the City of Chicago to create the Roosevelt/Racine TIF | 9 | | District. | 10 | | (84) If the ordinance was adopted on June 10, 1998 by | 11 | | the City of Chicago to create the Stony Island | 12 | | Commercial/Burnside Industrial Corridors TIF District. | 13 | | (85) If the ordinance was adopted on November 29, 1989 | 14 | | by the City of Chicago to create the Englewood Mall TIF | 15 | | District. | 16 | | (86) If the ordinance was adopted on December 27, 1986 | 17 | | by the City of Mendota. | 18 | | (87) If the ordinance was adopted on December 31, 1986 | 19 | | by the Village of Cahokia. | 20 | | (88) If the ordinance was adopted on September 20, 1999 | 21 | | by the City of Belleville. | 22 | | (89) If the ordinance was adopted on December 30, 1986 | 23 | | by the Village of Bellevue to create the Bellevue TIF | 24 | | District 1. | 25 | | (90) If the ordinance was adopted on December 13, 1993 | 26 | | by the Village of Crete. |
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| 1 | | (91) If the ordinance was adopted on February 12, 2001 | 2 | | by the Village of Crete. | 3 | | (92) If the ordinance was adopted on April 23, 2001 by | 4 | | the Village of Crete. | 5 | | (93) If the ordinance was adopted on December 16, 1986 | 6 | | by the City of Champaign. | 7 | | (94) If the ordinance was adopted on December 20, 1986 | 8 | | by the City of Charleston. | 9 | | (95) If the ordinance was adopted on June 6, 1989 by | 10 | | the Village of Romeoville. | 11 | | (96) If the ordinance was adopted on October 14, 1993 | 12 | | and amended on August 2, 2010 by the City of Venice. | 13 | | (97) If the ordinance was adopted on June 1, 1994 by | 14 | | the City of Markham. | 15 | | (98) If the ordinance was adopted on May 19, 1998 by | 16 | | the Village of Bensenville. | 17 | | (99) If the ordinance was adopted on November 12, 1987 | 18 | | by the City of Dixon. | 19 | | (100) If the ordinance was adopted on December 20, 1988 | 20 | | by the Village of Lansing. | 21 | | (101) If the ordinance was adopted on October 27, 1998 | 22 | | by the City of Moline. | 23 | | (102) If the ordinance was adopted on May 21, 1991 by | 24 | | the Village of Glenwood. | 25 | | (103) If the ordinance was adopted on January 28, 1992 | 26 | | by the City of East Peoria. |
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| 1 | | (104) If the ordinance was adopted on December 14, 1998 | 2 | | by the City of Carlyle. | 3 | | (105) If the ordinance was adopted on May 17, 2000, as | 4 | | subsequently amended, by the City of Chicago to create the | 5 | | Midwest Redevelopment TIF District. | 6 | | (106) If the ordinance was adopted on September 13, | 7 | | 1989 by the City of Chicago to create the Michigan/Cermak | 8 | | Area TIF District. | 9 | | (107) If the ordinance was adopted on March 30, 1992 by | 10 | | the Village of Ohio. | 11 | | (108) If the ordinance was adopted on July 6, 1998 by | 12 | | the Village of Orangeville. | 13 | | (109) If the ordinance was adopted on December 16, 1997 | 14 | | by the Village of Germantown. | 15 | | (110) If the ordinance was adopted on April 28, 2003 by | 16 | | Gibson City. | 17 | | (111) If the ordinance was adopted on December 18, 1990 | 18 | | by the Village of Washington Park, but only after the | 19 | | Village of Washington Park becomes compliant with the | 20 | | reporting requirements under subsection (d) of Section | 21 | | 11-74.4-5, and after the State Comptroller's certification | 22 | | of such compliance. | 23 | | (112) If the ordinance was adopted on February 28, 2000 | 24 | | by the City of Harvey. | 25 | | (113) If the ordinance was adopted on January 11, 1991 | 26 | | by the City of Chicago to create the Read/Dunning TIF |
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| 1 | | District. | 2 | | (114) If the ordinance was adopted on July 24, 1991 by | 3 | | the City of Chicago to create the Sanitary and Ship Canal | 4 | | TIF District. | 5 | | (115) If the ordinance was adopted on December 4, 2007 | 6 | | by the City of Naperville. | 7 | | (116) If the ordinance was adopted on July 1, 2002 by | 8 | | the Village of Arlington Heights. | 9 | | (117) If the ordinance was adopted on February 11, 1991 | 10 | | by the Village of Machesney Park. | 11 | | (118) If the ordinance was adopted on December 29, 1993 | 12 | | by the City of Ottawa. | 13 | | (119) If the ordinance was adopted on June 4, 1991 by | 14 | | the Village of Lansing. | 15 | | (120) If the ordinance was adopted on February 10, 2004 | 16 | | by the Village of Fox Lake. | 17 | | (121) If the ordinance was adopted on December 22, 1992 | 18 | | by the City of Fairfield. | 19 | | (122) If the ordinance was adopted on February 10, 1992 | 20 | | by the City of Mt. Sterling. | 21 | | (123) If the ordinance was adopted on March 15, 2004 by | 22 | | the City of Batavia. | 23 | | (124) If the ordinance was adopted on March 18, 2002 by | 24 | | the Village of Lake Zurich. | 25 | | (125) If the ordinance was adopted on September 23, | 26 | | 1997 by the City of Granite City. |
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| 1 | | (126) If the ordinance was adopted on May 8, 2013 by | 2 | | the Village of Rosemont to create the Higgins Road/River | 3 | | Road TIF District No. 6. | 4 | | (127) If the ordinance was adopted on November 22, 1993 | 5 | | by the City of Arcola. | 6 | | (128) If the ordinance was adopted on September 7, 2004 | 7 | | by the City of Arcola. | 8 | | (129) If the ordinance was adopted on November 29, 1999 | 9 | | by the City of Paris. | 10 | | (130) If the ordinance was adopted on September 20, | 11 | | 1994 by the City of Ottawa to create the U.S. Route 6 East | 12 | | Ottawa TIF. | 13 | | (131) If the ordinance was adopted on May 2, 2002 by | 14 | | the Village of Crestwood. | 15 | | (132) If the ordinance was adopted on October 27, 1992 | 16 | | by the City of Blue Island. | 17 | | (133) If the ordinance was adopted on November 16, 1992 | 18 | | by the City of Pinckneyville. | 19 | | (d) For redevelopment project areas for which bonds were | 20 | | issued before
July 29, 1991, or for which contracts were | 21 | | entered into before June 1,
1988, in connection with a | 22 | | redevelopment project in the area within
the State Sales Tax | 23 | | Boundary, the estimated dates of completion of the
| 24 | | redevelopment project and retirement of obligations to finance | 25 | | redevelopment
project costs (including refunding bonds under | 26 | | Section 11-74.4-7) may be extended by municipal ordinance to |
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| 1 | | December 31, 2013.
The termination procedures of subsection (b) | 2 | | of Section 11-74.4-8 are not
required for
these redevelopment | 3 | | project areas in 2009 but are required in 2013.
The extension | 4 | | allowed by Public Act 87-1272 shall not apply to real
property | 5 | | tax increment allocation financing under Section 11-74.4-8. | 6 | | (e) Those dates, for purposes of real property tax | 7 | | increment allocation
financing pursuant to Section 11-74.4-8 | 8 | | only, shall be not more than 35 years
for redevelopment project | 9 | | areas that were adopted on or after December 16,
1986 and for | 10 | | which at least $8 million worth of municipal bonds were | 11 | | authorized
on or after December 19, 1989 but before January 1, | 12 | | 1990; provided that the
municipality elects to extend the life | 13 | | of the redevelopment project area to 35
years by the adoption | 14 | | of an ordinance after at least 14 but not more than 30
days' | 15 | | written notice to the taxing bodies, that would otherwise | 16 | | constitute the
joint review board for the redevelopment project | 17 | | area, before the adoption of
the ordinance. | 18 | | (f) Those dates, for purposes of real property tax | 19 | | increment allocation
financing pursuant to Section 11-74.4-8 | 20 | | only, shall be not more than 35 years
for redevelopment project | 21 | | areas that were established on or after December 1,
1981 but | 22 | | before January 1, 1982 and for which at least $1,500,000 worth | 23 | | of
tax increment revenue bonds were authorized
on or after | 24 | | September 30, 1990 but before July 1, 1991; provided that the
| 25 | | municipality elects to extend the life of the redevelopment | 26 | | project area to 35
years by the adoption of an ordinance after |
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| 1 | | at least 14 but not more than 30
days' written notice to the | 2 | | taxing bodies, that would otherwise constitute the
joint review | 3 | | board for the redevelopment project area, before the adoption | 4 | | of
the ordinance. | 5 | | (g) In consolidating the material relating to completion | 6 | | dates from Sections 11-74.4-3 and 11-74.4-7 into this Section, | 7 | | it is not the intent of the General Assembly to make any | 8 | | substantive change in the law, except for the extension of the | 9 | | completion dates for the City of Aurora, the Village of Milan,
| 10 | | the City of West Frankfort, the Village of Libertyville, and | 11 | | the Village of Hoffman Estates set forth under items (67),
| 12 | | (68), (69), (70), and (71) of subsection (c) of this Section. | 13 | | (Source: P.A. 98-109, eff. 7-25-13; 98-135, eff. 8-2-13; | 14 | | 98-230, eff. 8-9-13; 98-463, eff. 8-16-13; 98-614, eff. | 15 | | 12-27-13; 98-667, eff. 6-25-14; 98-889, eff. 8-15-14; 98-893, | 16 | | eff. 8-15-14; 98-1064, eff. 8-26-14; 98-1136, eff. 12-29-14; | 17 | | 98-1153, eff. 1-9-15; 98-1157, eff. 1-9-15; 98-1159, eff. | 18 | | 1-9-15; 99-78, eff. 7-20-15; 99-136, eff. 7-24-15; 99-263, eff. | 19 | | 8-4-15; 99-361, eff. 1-1-16; 99-394, eff. 8-18-15; 99-495, eff. | 20 | | 12-17-15.)
| 21 | | Section 99. Effective date. This Act takes effect upon | 22 | | becoming law.
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