Date	Chamber	Action
1/10/2023	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

5 ILCS 140/7

from Ch. 116, par. 207

20 ILCS 3501/815-10

20 ILCS 3501/815-20

20 ILCS 3501/815-25

20 ILCS 3501/815-30

30 ILCS 5/3-1

from Ch. 15, par. 303-1

35 ILCS 200/21-11 new

35 ILCS 200/21-450 new

65 ILCS 5/11-74.4-3

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

Synopsis As Introduced
Creates the Community Improvement Land Bank Act. Provides for the creation of community improvement land banks by a county, municipality, or township, or any combination of those units, for the main purposes of advancing, encouraging, and promoting the industrial, economic, commercial, and civic development of a community or area and facilitating the reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, or other real property within the county, municipality, or township for whose benefit the land bank is being organized. Provides procedures for creating the community improvement land banks, the powers of a land bank (including to purchase and sell tax delinquent properties), and the creation and composition of the board of directors of land banks. Limits the liability of the community improvement land banks. Allows the county, municipality, or township to have the land bank create a land reutilization program to facilitate the effective reutilization of nonproductive land situated within its boundaries and contains requirements of such a program. Defines terms. Amends various Acts and Codes making conforming changes. Effective Immediately.

Actions 

Date	Chamber	Action
1/28/2021	House	Filed with the Clerk by Rep. Sonya M. Harper
1/29/2021	House	First Reading
1/29/2021	House	Referred to Rules Committee
3/2/2021	House	Assigned to Revenue & Finance Committee
3/11/2021	House	To Property Tax Subcommittee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

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