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
Dec 2021
Committee Review
Floor Vote
Governor
Introduced Dec 15, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 10, 2023
Senate · Failed
Session Sine Die
Dec 15, 2021
Senate · Referred to committee
Referred to Assignments
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Laura Murphy
DDemocratic
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