90th General Assembly
Summary of SB0041
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Senate Sponsors:
RAUSCHENBERGER.

Short description: 
PROP TX-LIMIT TIF DISTRICTS                                                

Synopsis of Bill as introduced:
        Amends the Tax Increment  Allocation  Redevelopment  Act  in  the      
   Illinois  Municipal  Code.  Provides that a municipality may no longer      
   approve  redevelopment  plans  or  redevelopment  projects,  designate      
   redevelopment project  areas,  alter  the  exterior  boundaries  of  a      
   redevelopment  project  area, affect the general land uses established      
   under a redevelopment plan, or change the nature  of  a  redevelopment      
   project.  States  that  the  purposes  are  to  stop any new plans and      
   projects and  to  forbid  the  expansion  of  any  existing  plans  or      
   projects.  Effective immediately.                                           
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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