Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/11-74.4-7

from Ch. 24, par. 11-74.4-7

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that all accumulated tax incremental revenues not specifically appropriated for defined costs for projects within a redevelopment project area by the end of a municipality's fiscal year shall be deemed "surplus" funds. Provides that all surplus funds in the special tax allocation fund shall be distributed annually within 60 (instead of 180) days after the close of the municipality's fiscal year. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Makes a technical change in a Section concerning obligations.

Actions 

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. Heather A. Steans
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
2/23/2011	Senate	Assigned to Revenue
3/3/2011	Senate	Postponed - Revenue
3/10/2011	Senate	Postponed - Revenue
3/11/2011	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Heather A. Steans
3/11/2011	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/14/2011	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
3/16/2011	Senate	Senate Committee Amendment No. 1 Adopted
3/17/2011	Senate	Do Pass as Amended Revenue; 008-000-001
3/17/2011	Senate	Placed on Calendar Order of 2nd Reading March 17, 2011
7/23/2011	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
1/8/2013	Senate	Session Sine Die

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