HB 2426 Illinois House · 101st Regular Session

TIF 2-YEAR MORATORIUM

Summary
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that new redevelopment project areas may not be established under the Act until 2 years after the effective date of the amendatory Act. Repeals the provisions 2 years after the effective date of the amendatory Act. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 13, 2019 Last action Mar 29, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
5
Mar 29, 2019
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 6, 2019
House · Reported by committee
To Property Tax Subcommittee
Mar 6, 2019
House · Reported by committee
To Informed Consent Subcommittee
Feb 26, 2019
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 13, 2019
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Allen Skillicorn
Allen Skillicorn
RRepublican
IL
66