TURNER,ART-FEIGENHOLTZ. 65 ILCS 5/11-74.4-2 from Ch. 24, par. 11-74.4-2 65 ILCS 5/11-74.4-3 from Ch. 24, par. 11-74.4-3 65 ILCS 5/11-74.4-4 from Ch. 24, par. 11-74.4-4 65 ILCS 5/11-74.4-4.1 65 ILCS 5/11-74.4-5 from Ch. 24, par. 11-74.4-5 65 ILCS 5/11-74.4-6 from Ch. 24, par. 11-74.4-6 Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Requires a copy of an ordinance or resolution that provides for a feasibility study on the designation of an area as a redevelopment project area to be sent to (i) all citizen boards or committees that are part of or oversee the activities of the taxing bodies affected by the designation and (ii) all not-for-profit organizations that are located within or immediately adjacent to the proposed redevelopment district or provide a majority of their services within the proposed district. Sets forth the requirements for mail notifications. Requires at least one sign per square block to be posted in full view of the public within the proposed TIF district and within 0.5 miles of its proposed boundaries at the time the municipality acts to undertake a tax increment financing feasibility study. Requires the municipality to schedule at least 3 public hearings within the proposed TIF district or, if it is not possible to hold the hearings within the TIF district, then as close as possible to its proposed boundaries at the time a municipality initiates a tax increment finance eligibility study or at the time the municipality is notified that a private party intends to undertake an eligibility study. Requires the hearings to be transcribed by a certified court reporter and the municipality to publish its determination of all protests and objections along with the transcript of the hearings. Requires the municipality to notify by mail certain entities, to publish a notification in a newspaper, and to post signs if the municipality makes changes in the redevelopment plan or project that do not substantially affect the general land uses established by the plan. Requires all municipalities (now, municipalities with a population of less than 1,000,000) to notify all members of the joint review board (now, all taxing districts represented on the joint review board) within 90 days after the close of each municipal fiscal year that certain information will be made available no later than 180 days after the close of each municipal fiscal year. Grants the Joint Review Board additional powers. Makes other changes. 97-03-05 H FIRST READING 97-03-05 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-06 H ASSIGNED TO COMMITTEE REVENUE 97-03-12 H ADDED AS A JOINT SPONSOR FEIGENHOLTZ 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary