Date	Chamber	Action
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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. For redevelopment project areas designated after November 1, 1999, in municipalities with less than 1,000,000 population, modifies the formula for elementary, secondary, or unit school district's increased costs attributable to assisted housing units located within the redevelopment project area for which the developer or redeveloper receives financial assistance through an agreement with the municipality or because the municipality incurs the cost of necessary infrastructure improvements within the boundaries of the assisted housing sites necessary for the completion of that housing. Removes differences in formulation for alternate method districts, flat grant districts, and foundation districts. For school districts in a municipality with a population in excess of 1,000,000, changes the last date upon which a school district may submit a claim for reimbursement to the municipality to October 31 of each year (currently, September 30) and provides that municipalities shall reimburse school districts that have met specified criteria no later than January 31 of the school year in which the claim is made.

Actions 

Date	Chamber	Action
1/9/2023	House	Prefiled with Clerk by Rep. Lance Yednock
1/12/2023	House	First Reading
1/12/2023	House	Referred to Rules Committee
2/7/2023	House	Assigned to Revenue & Finance Committee
2/16/2023	House	To Revenue - Property Tax Subcommittee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee
1/31/2024	House	Assigned to Revenue & Finance Committee
3/8/2024	House	To Revenue - Property Tax Subcommittee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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