MUNI CD-TIF SURPLUS FUNDS
Summary
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that all surplus funds in the special tax allocation fund shall be distributed as soon as possible after they are calculated (rather than distributed annually within 180 days after the close of the municipality's fiscal year).
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Jan 10, 2023
Senate · Failed
Session Sine Die
Apr 16, 2021
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 9, 2021
Senate · Referred to committee
Assigned to Revenue
Feb 26, 2021
Senate · Referred to committee
Referred to Assignments
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Laura Murphy
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1777
Scope: IL
Hi! I can help you understand SB 1777. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline