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HB 4326 Illinois House · 96th Regular Session

TIF-BENEFIT RECAPTURE

Summary
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that any private individual or entity that receives benefits under this Act for the purpose of originating, locating, maintaining, rehabilitating, or expanding a business facility and that abandons or relocates its facility in violation of the agreement shall pay to the municipality an amount equal to the prorated value of the benefit.
Bill status signed all 5 stages cleared
Introduction
Mar 2009
Committee Review
Apr 2009
House Passage
May 2009
Senate Passage
May 2009
Signed into Law
Aug 2009
Introduced Mar 30, 2009 Signed Aug 11, 2009
Floor votes · Senate May 15, 2009 · House Mar 26, 2009

How they voted

49–0
Passed · 6 other
Total votes 55
May 15, 2009
D Democratic34
29 Yea 5
85% Yea
R Republican21
20 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
43
Key actions
6
Committee
6
Aug 11, 2009
Signed into law
Governor Approved
lower
May 15, 2009
Lower · Passed
Passed Both Houses
lower
May 15, 2009
Senate · Passed
Senate Vote: pass (49-0-6)
senate
Apr 30, 2009
Upper · Passed
Do Pass Revenue; 007-000-001
upper
Apr 22, 2009
Committee
Assigned to Revenue
upper
Mar 30, 2009
Committee
Referred to Assignments
upper
Mar 30, 2009
Introduced
Arrive in Senate
upper
Mar 26, 2009
House · Passed
House Vote: pass (104-1-1)
house
Mar 10, 2009
Lower · Passed
Do Pass / Short Debate Cities & Villages Committee; 007-000-000
lower
Mar 4, 2009
Committee
Assigned to Cities & Villages Committee
lower
Feb 27, 2009
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.