Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

20 ILCS 620/6

from Ch. 67 1/2, par. 1006

55 ILCS 85/6

from Ch. 34, par. 7006

55 ILCS 90/45

from Ch. 34, par. 8045

65 ILCS 5/11-74.4-9

from Ch. 24, par. 11-74.4-9

65 ILCS 110/45

Synopsis As Introduced
Amends the Economic Development Area Tax Increment Allocation Act, the County Economic Development Project Area Property Tax Allocation Act, the County Economic Development Project Area Tax Increment Allocation Act of 1991, the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code, the Industrial Jobs Recovery Law in the Illinois Municipal Code, and the Economic Development Project Area Tax Increment Allocation Act of 1995. Provides that, beginning January 1, 2008, the initial equalized assessed value of all taxable real property within the economic development project area must be increased over the initial equalized assessed value of the previous year by the annual rate of increase, for the previous calendar year, of the Consumer Price Index for All Urban Consumers for all items, published by the United States Bureau of Labor Statistics. Effective immediately.

House Amendment No. 1

	Deletes reference to:
	20 ILCS 620/6

55 ILCS 85/6

55 ILCS 90/45

65 ILCS 5/11-74.4-9

65 ILCS 110/45

	Adds reference to:
	65 ILCS 5/11-74.4-3	from Ch. 24, par. 11-74.4-3

Deletes everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that "redevelopment project costs" include reimbursements to school districts and community college districts for costs related to certain capital facilities projects. Sets forth requirements for the reimbursements. Provides that, by accepting this reimbursement, the school district waives the right to directly or indirectly set aside, modify, or contest in any manner the establishment of the redevelopment project area or projects.

Actions 

Date	Chamber	Action
2/23/2007	House	Filed with the Clerk by Rep. Elizabeth Hernandez
2/23/2007	House	First Reading
2/23/2007	House	Referred to Rules Committee
2/27/2007	House	Assigned to Revenue Committee
3/23/2007	House	Rule 19(a) / Re-referred to Rules Committee
3/3/2008	House	Assigned to Revenue Committee
3/13/2008	House	Recommends Do Pass Subcommittee/ Revenue Committee; 003-000-000
3/13/2008	House	House Amendment No. 1 Filed with Clerk by Revenue Committee
3/13/2008	House	House Amendment No. 1 Adopted in Revenue Committee; by Voice Vote
3/13/2008	House	Do Pass as Amended / Short Debate Revenue Committee; 012-000-000
3/13/2008	House	Placed on Calendar 2nd Reading - Short Debate
4/18/2008	House	Final Action Deadline Extended-9(b) May 9, 2008
5/9/2008	House	Final Action Deadline Extended-9(b) May 23, 2008
5/23/2008	House	Final Action Deadline Extended-9(b) May 31, 2008
5/29/2008	House	Second Reading - Short Debate
5/29/2008	House	Held on Calendar Order of Second Reading - Short Debate
5/31/2008	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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