TIF-EAST ST LOUIS
Summary
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) for the redevelopment project areas that were established on December 29, 1986 and January 23, 1991 by the City of East St. Louis. Requires adoption of an ordinance extending the completion date and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2020
Committee Review
Floor Vote
Governor
Introduced Dec 2, 2020
Last action Jan 8, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jan 8, 2021
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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