TIF ADMINISTRATORS
Summary
Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Property Tax Code. Requires the name and identification number of a redevelopment project area where the property is located and a State Internet website address with information on tax increment financing to be printed on specified bills. Amends the Illinois Municipal Code. Provides that on and after January 1, 2013, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting, daily charges for delinquent reports, times for filing reports, and extensions. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Makes other changes. Amends the School Code. Provides that for certain school districts, the calculated local property tax revenues per pupil shall include any surplus received by the school district in the previous year from a special tax allocation fund, as provided by the Tax Increment Allocation Redevelopment Act or the Industrial Jobs Recovery Law. Effective January 1, 2013.
Bill status
failed
1 of 4 stages cleared
Introduction
May 2012
Committee Review
Floor Vote
Governor
Introduced May 21, 2012
Last action Jan 8, 2013
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
25
Key actions
0
Committee
11
Amendments
4
Jan 8, 2013
House · Failed
Session Sine Die
May 31, 2012
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
May 30, 2012
House · Reported by committee
House Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 005-004-000
May 30, 2012
House · Reported by committee
House Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee
May 29, 2012
House · Referred to committee
House Floor Amendment No. 3 Referred to Rules Committee
May 29, 2012
House · Amendment offered
House Floor Amendment No. 3 Filed with Clerk by Rep. John E. Bradley
May 25, 2012
House · Reported by committee
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000
May 23, 2012
House · Referred to committee
House Floor Amendment No. 2 Referred to Rules Committee
May 23, 2012
House · Amendment offered
House Floor Amendment No. 2 Filed with Clerk by Rep. John E. Bradley
May 22, 2012
House · Amendment failed
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
May 22, 2012
House · Reported by committee
Do Pass / Short Debate Revenue & Finance Committee; 008-001-000
May 21, 2012
House · Referred to committee
House Committee Amendment No. 1 Referred to Rules Committee
May 21, 2012
House · Amendment offered
House Committee Amendment No. 1 Filed with Clerk by Rep. John E. Bradley
May 21, 2012
House · Reported by committee
Motion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie
May 21, 2012
House · Referred to committee
Assigned to Revenue & Finance Committee
Feb 15, 2012
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
John Bradley
DDemocratic
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