Illinois General Assembly - Bill Status for SB3130
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 Bill Status of SB3130  100th General Assembly


Short Description:  TIF-SURPLUS FUNDS-SCHOOLS

Senate Sponsors
Sen. Omar Aquino - Iris Y. Martinez

Last Action
DateChamber Action
  1/9/2019SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-2from Ch. 24, par. 11-74.4-2
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
65 ILCS 5/11-74.4-5from Ch. 24, par. 11-74.4-5
65 ILCS 5/11-74.4-7from Ch. 24, par. 11-74.4-7
65 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8
65 ILCS 5/11-74.4-8afrom Ch. 24, par. 11-74.4-8a


Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that surplus tax revenues may be used to pay for costs of special education, social services, and other costs of a public school district. Provides that for municipalities with a population of over 1,000,000, redevelopment project costs include public school district qualified workers, costs of providing special educational facilities and services, school psychological services, and school social work services, and any surplus balance in the special tax allocation fund at the end of the fiscal year shall be used for these workers, facilities, and services. Removes provisions allowing anticipated redevelopment project costs to be deemed surplus funds.

Actions 
DateChamber Action
  2/15/2018SenateFiled with Secretary by Sen. Omar Aquino
  2/15/2018SenateFirst Reading
  2/15/2018SenateReferred to Assignments
  3/1/2018SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
  1/9/2019SenateSession Sine Die

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