Bill Status of SB 540   97th General Assembly

Short Description:  COMPTROLLER TIF ADMINISTRATORS

Senate Sponsors
Sen. Don Harmon

House Sponsors
(Rep. John E. Bradley-Greg Harris-Roger L. Eddy-David Harris-Karen A. Yarbrough, David Reis, Lisa M. Dugan and Thomas Holbrook)


Last Action  View All Actions

DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
50 ILCS 20/1from Ch. 85, par. 1031

Synopsis As Introduced
Amends the Public Building Commission Act. Makes a technical change to a Section concerning the short title.

Senate Committee Amendment No. 1
Deletes reference to:
50 ILCS 20/1
Adds reference to:
15 ILCS 405/30 new
65 ILCS 5/8-8-3from Ch. 24, par. 8-8-3
65 ILCS 5/8-8-3.5
65 ILCS 5/11-74.6-22

Replaces everything after the enacting clause. Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Illinois Municipal Code. Provides that on and after the effective date of the amendatory Act, the State Comptroller must post on its website the information submitted by a municipality concerning audit reports. Sets forth the requirements for the posting and daily charges for delinquent reports. Provides that a Tax Increment Financing Report must be filed with the Comptroller within 180 days after the close of the municipal fiscal year or as soon thereafter as the audit becomes available, and allows the Comptroller to grant an extension if the Tax Increment Finance administrator provides the Comptroller's office with sufficient evidence that the report is in the process of being completed. Sets forth daily charges for delinquent reports. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect during the fiscal year to which the municipality is a party and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Requires the State Comptroller to post on its website the information submitted by a municipality concerning audit reports. Effective immediately.

House Floor Amendment No. 3
Adds reference to:
20 ILCS 620/3from Ch. 67 1/2, par. 1003
20 ILCS 620/4from Ch. 67 1/2, par. 1004
20 ILCS 620/5from Ch. 67 1/2, par. 1005
20 ILCS 620/8from Ch. 67 1/2, par. 1008
20 ILCS 620/9from Ch. 67 1/2, par. 1009
20 ILCS 620/11from Ch. 67 1/2, par. 1011
35 ILCS 200/20-15
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
65 ILCS 5/11-74.4-3.5
65 ILCS 5/11-74.4-4from Ch. 24, par. 11-74.4-4
65 ILCS 5/11-74.4-5from Ch. 24, par. 11-74.4-5
65 ILCS 5/11-74.6-15
105 ILCS 5/18-8.05

Replaces everything after the enacting clause. Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Economic Development Area Tax Increment Allocation Act. Provides that, if the maximum duration for obligations allowed under an economic development plan is less than the maximum duration allowed under the Act, a municipality may, by ordinance, amend the plan to increase the duration up to the maximum duration allowed under the Act. Provides that obligations secured by the special tax allocation fund for an economic development project area shall mature not later than 38 years (now, 23 years) from the date of establishment of the economic development project area. Makes other changes. Amends the Property Tax Code. Requires the name and identification number of a redevelopment project area where the property is located and a State Internet website address with information on tax increment financing to be printed on specified bills. Amends the Illinois Municipal Code. Provides that on and after July 1, 2011, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting and daily charges for delinquent reports. Provides that a Tax Increment Financing Report must be filed with the Comptroller within 180 days after the close of the municipal fiscal year or as soon thereafter as the audit becomes available, and allows the Comptroller to grant an extension if the Tax Increment Finance administrator provides the Comptroller's office with sufficient evidence that the report is in the process of being completed. Sets forth the requirements concerning the completion date of a redevelopment project, uses of specified revenues, and approval of a redevelopment plan. Further provides that a municipality shall include, in specified required statements, a detailed list of jobs created during the fiscal year. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Requires the State Comptroller to post on its website the information submitted by a municipality concerning audit reports. Makes other changes. Amends the School Code. Provides that for certain school districts, the calculated local property tax revenues per pupil shall include any surplus received by the school district in the previous year from a special tax allocation fund, as provided by the Tax Increment Allocation Redevelopment Act or the Industrial Jobs Recovery Law. Effective January 1, 2012.

House Floor Amendment No. 4
Further amends the Illinois Municipal Code. Provides that in municipalities with a population of 25,000 or more, a redevelopment project area that uses revenues for reimbursement of private developer costs may not transfer revenues to another redevelopment project area before repaying the redevelopment project area from which the revenues were received.

House Floor Amendment No. 5
Further amends the Illinois Municipal Code. Provides that in municipalities with a population of 25,000 or more, a redevelopment project area that uses revenues for reimbursement of private developer costs may not transfer revenues to another redevelopment project area before repaying the redevelopment project area from which the revenues were received. Further provides that certain public works or improvements in a municipality with a population of less than 25,000 shall not be subject to the transfer prohibition.

Actions 
DateChamber Action
  2/8/2011SenateFiled with Secretary by Sen. John J. Cullerton
  2/8/2011SenateFirst Reading
  2/8/2011SenateReferred to Assignments
  3/9/2011SenateAssigned to Local Government
  3/10/2011SenateChief Sponsor Changed to Sen. Dan Kotowski
  3/11/2011SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Dan Kotowski
  3/11/2011SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/14/2011SenateSenate Committee Amendment No. 1 Assignments Refers to Local Government
  3/17/2011SenateSenate Committee Amendment No. 1 Adopted
  3/17/2011SenateDo Pass as Amended Local Government; 006-002-000
  3/17/2011SenatePlaced on Calendar Order of 2nd Reading March 29, 2011
  4/14/2011SenateSecond Reading
  4/14/2011SenatePlaced on Calendar Order of 3rd Reading March 15, 2011
  4/15/2011SenateThird Reading - Passed; 052-001-000
  4/15/2011HouseArrived in House
  4/20/2011HousePlaced on Calendar Order of First Reading
  4/20/2011HouseChief House Sponsor Rep. John E. Bradley
  4/26/2011HouseFirst Reading
  4/26/2011HouseReferred to Rules Committee
  4/27/2011HouseAssigned to Revenue & Finance Committee
  5/2/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. John E. Bradley
  5/2/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/13/2011HouseCommittee Deadline Extended-Rule 9(b) May 20, 2011
  5/16/2011HouseMotion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie
  5/16/2011HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  5/20/2011HouseFinal Action Deadline Extended-9(b) May 27, 2011
  5/26/2011HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
  5/26/2011HouseRemains in Revenue & Finance Committee
  5/26/2011HouseDo Pass / Short Debate Revenue & Finance Committee; 009-000-000
  5/26/2011HousePlaced on Calendar 2nd Reading - Short Debate
  5/26/2011HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  5/26/2011HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. John E. Bradley
  5/26/2011HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/26/2011HouseSecond Reading - Short Debate
  5/26/2011HouseHeld on Calendar Order of Second Reading - Short Debate
  5/27/2011HouseFinal Action Deadline Extended-9(b) May 31, 2011
  5/28/2011HouseAdded Alternate Chief Co-Sponsor Rep. Greg Harris
  5/29/2011HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. John E. Bradley
  5/29/2011HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  5/29/2011HouseAdded Alternate Chief Co-Sponsor Rep. Roger L. Eddy
  5/29/2011HouseAdded Alternate Co-Sponsor Rep. David Reis
  5/29/2011HouseHouse Floor Amendment No. 4 Filed with Clerk by Rep. John E. Bradley
  5/29/2011HouseHouse Floor Amendment No. 4 Referred to Rules Committee
  5/30/2011HouseHouse Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee
  5/30/2011HouseHouse Floor Amendment No. 4 Rules Refers to Revenue & Finance Committee
  5/30/2011HouseHouse Floor Amendment No. 5 Filed with Clerk by Rep. John E. Bradley
  5/30/2011HouseHouse Floor Amendment No. 5 Referred to Rules Committee
  5/30/2011HouseHouse Floor Amendment No. 5 Recommends Be Adopted Rules Committee; 003-001-000
  5/30/2011HouseHouse Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 005-001-000
  5/30/2011HouseHouse Floor Amendment No. 4 Recommends Be Adopted Revenue & Finance Committee; 006-000-000
  5/31/2011HouseHouse Floor Amendment No. 3 Adopted by Voice Vote
  5/31/2011HouseHouse Floor Amendment No. 4 Adopted by Voice Vote
  5/31/2011HouseHouse Floor Amendment No. 5 Adopted by Voice Vote
  5/31/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/31/2011HouseThird Reading - Short Debate - Passed 107-006-002
  5/31/2011HouseHouse Floor Amendment No. 2 Tabled Pursuant to Rule 40
  5/31/2011HouseAdded Alternate Co-Sponsor Rep. Lisa M. Dugan
  5/31/2011HouseAdded Alternate Co-Sponsor Rep. Thomas Holbrook
  5/31/2011HouseAdded Alternate Chief Co-Sponsor Rep. David Harris
  5/31/2011HouseAdded Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough
  5/31/2011SenateSecretary's Desk - Concurrence House Amendment(s) 3, 4, 5
  5/31/2011SenatePlaced on Calendar Order of Concurrence House Amendment(s) 3, 4, 5 - May 31, 2011
  5/31/2011SenateHouse Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Dan Kotowski
  5/31/2011SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Assignments
  5/31/2011SenateHouse Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. Dan Kotowski
  5/31/2011SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments
  5/31/2011SenateHouse Floor Amendment No. 5 Motion to Concur Filed with Secretary Sen. Dan Kotowski
  5/31/2011SenateHouse Floor Amendment No. 5 Motion to Concur Referred to Assignments
  5/31/2011SenateAdded as Chief Co-Sponsor Sen. Heather A. Steans
  5/31/2011SenateHouse Floor Amendment No. 3 Motion to Concur Assignments Referred to Local Government
  5/31/2011SenateHouse Floor Amendment No. 4 Motion to Concur Assignments Referred to Local Government
  5/31/2011SenateHouse Floor Amendment No. 5 Motion to Concur Assignments Referred to Local Government
  5/31/2011SenateHouse Floor Amendment No. 3 Motion Held in Local Government
  5/31/2011SenateHouse Floor Amendment No. 4 Motion Held in Local Government
  5/31/2011SenateHouse Floor Amendment No. 5 Motion Held in Local Government
  6/15/2011SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Assignments
  6/15/2011SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments
  6/15/2011SenateHouse Floor Amendment No. 5 Motion to Concur Referred to Assignments
  6/15/2011SenateHouse Floor Amendment No. 3 Motion to Concur Assignments Referred to Executive
  6/15/2011SenateHouse Floor Amendment No. 4 Motion to Concur Assignments Referred to Executive
  6/15/2011SenateHouse Floor Amendment No. 5 Motion to Concur Assignments Referred to Executive
  7/23/2011SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  7/23/2011SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Assignments; Pursuant to Senate Rule 3-9(b)
  7/23/2011SenateHouse Floor Amendment No. 4 Motion to Concur Referred to Assignments; Pursuant to Senate Rule 3-9(b)
  7/23/2011SenateHouse Floor Amendment No. 5 Motion to Concur Referred to Assignments; Pursuant to Senate Rule 3-9(b)
  10/25/2011SenateSponsor Removed Sen. Heather A. Steans
  11/28/2011SenateChief Sponsor Changed to Sen. Don Harmon
  1/8/2013SenateSession Sine Die

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