Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/11-74.4-3

from Ch. 24, par. 11-74.4-3

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that in order to use a decline in the total equalized assessed value of the proposed redevelopment project area for 3 of the last 5 calendar years as a factor in designating an area "blighted", the municipality must rely on appraisal evidence to show the proposed redevelopment project area's equalized assessed value has declined if the properties within the redevelopment project area had been utilized using the properties' highest and best use during the relevant period. Effective immediately.

Actions 

Date	Chamber	Action
2/14/2019	House	Filed with the Clerk by Rep. Robert Martwick
2/14/2019	House	First Reading
2/14/2019	House	Referred to Rules Committee
2/26/2019	House	Assigned to Revenue & Finance Committee
3/6/2019	House	To Property Tax Subcommittee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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