House Sponsors: SCULLY AND DAVIS,MONIQUE. Short description: MUNICIPAL CODE-TIF EXTENSION Synopsis of Bill as introduced: Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the maturity date for tax increment financing obligations may not exceed 35 years if the ordinance approving the redevelopment project was adopted on September 1, 1988 by Sauk Village, or if the ordinance was adopted on August 31, 1993 by Sauk Village. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status