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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4535 Introduced 1/21/2022, by Rep. Ryan Spain SYNOPSIS AS INTRODUCED:
| | 65 ILCS 5/11-74.4-1 | from Ch. 24, par. 11-74.4-1 |
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Amends the Tax Increment Allocation Redevelopment Act in the Illinois
Municipal
Code. Makes a technical change in a Section concerning the short title.
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| | A BILL FOR |
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| | HB4535 | | LRB102 24728 AWJ 33968 b |
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| 1 | | AN ACT concerning local government.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Municipal Code is amended by |
| 5 | | changing Section 11-74.4-1 as follows:
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| 6 | | (65 ILCS 5/11-74.4-1) (from Ch. 24, par. 11-74.4-1)
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| 7 | | Sec. 11-74.4-1.
This Division 74.4 shall be known and
and |
| 8 | | may be cited as
the "Tax Increment Allocation Redevelopment |
| 9 | | Act". |
| 10 | | (Source: P.A. 84-1417.)
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| 11 | | Section 99. Effective date. This Act takes effect upon |
| 12 | | becoming law. |