Bill Status of SB 2202   103rd General Assembly


Short Description:  TIF-CITY OF SPARTA

Senate Sponsors
Sen. Terri Bryant

Last Action  View All Actions

DateChamber Action
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-3.5

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on December 23, 1986 by the City of Sparta to create TIF #1. Provides that the redevelopment project areas extended to the 35th and 47th years under the provisions of the Act are continuous and unexpired from the date of the ordinance initially adopting the redevelopment project area through the estimated dates of completion listed in the provisions. Effective immediately.

Actions 
DateChamber Action
  2/10/2023SenateFiled with Secretary by Sen. Terri Bryant
  2/10/2023SenateFirst Reading
  2/10/2023SenateReferred to Assignments
  2/28/2023SenateAssigned to Revenue
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

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