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SB 2735 Illinois Senate · 93rd Regular Session

MUNI CD-EXTEND TIF

Summary
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that (i) the redevelopment project in the TIF District created by an ordinance adopted on December 15, 1981 by the City of Champaign and (ii) the redevelopment project in the TIF District created by an ordinance adopted on December 15, 1986 by the City of Urbana must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2004
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2004 Last action Jan 11, 2005
Floor votes

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Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
3
Feb 27, 2004
Committee
Rule 3-9(a) / Re-referred to Rules
upper
Feb 18, 2004
Committee
Assigned to Revenue
upper
Feb 5, 2004
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor

Sponsors

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