HB 4386 Illinois House · 101st Regular Session

BROWNFIELDS REDEVELOPMENT

Summary
Amends the Brownfields Redevelopment and Intermodal Promotion Act. Provides that moneys in the South Suburban Brownfields Redevelopment Fund shall be held to fund eligible projects through fiscal year 2031 (currently 2021). Provides that the life span of the South Suburban Brownfields Redevelopment Fund may be extended past 2036 (currently, 2026). Provides that the total amount of tax increment to be transferred to the South Suburban Brownfields Redevelopment Fund may not exceed $4,000,000 in any fiscal year (currently, $3,000,000).
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 29, 2020 Last action Jan 9, 2021
Floor votes

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Full legislative history

Actions timeline

Total actions
12
Key actions
1
Committee
5
Jan 9, 2021
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 012-000-000
lower
Jan 8, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Jun 23, 2020
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Mar 3, 2020
Committee
Assigned to Revenue & Finance Committee
lower
Jan 29, 2020
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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