Bill Status of HB 5523   100th General Assembly


Short Description:  RIVERS EDGE REDEVELOPMENT ZONE

House Sponsors
Rep. Jerry Costello, II

Last Action  View All Actions

DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 115/10-4

Synopsis As Introduced
Amends the River Edge Redevelopment Zone Act. Provides that, on and after the effective date of the amendatory Act, an area is qualified to become a River Edge Redevelopment Zone if it is an area of the State (1) located on a river, (2) with less than 30,000 population, and (3) that meets one of the following conditions: has a median household income of less than 80% of State median income for a household of 4, as determined by the U.S. Department of Housing and Urban Development; has a per capita personal income of less than 60% of the per capita personal income for Illinois as determined by the U.S. Department of Commerce; or has a median home price of less than 60% of the State median home price. Provides that changes made by the amendatory Act do not affect the certification of any area previously certified by the Department as a River Edge Redevelopment Zone. Effective immediately.

Actions 
DateChamber Action
  2/16/2018HouseFiled with the Clerk by Rep. Jerry Costello, II
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  3/7/2018HouseAssigned to Revenue & Finance Committee
  4/12/2018HouseTo Growth, Reform & Fairness Subcommittee
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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