Bill Status of SB 1626   97th General Assembly

Short Description:  MUNI CD-TIF-EXEMPT SCHOOLS

Senate Sponsors
Sen. Heather A. Steans and Emil Jones, III

Last Action  View All Actions

DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the portion of taxes levied by a school district located in a redevelopment project area that is (i) established by the City of Chicago on or after the effective date of the amendatory Act or (ii) established by the City of Chicago prior to the effective date of the amendatory Act and extended by the General Assembly on or after the effective date of the amendatory Act shall be allocated and paid to the school district in the manner required by law in the absence of the adoption of tax increment allocation financing. Effective immediately.

Actions 
DateChamber Action
  2/9/2011SenateFiled with Secretary by Sen. Heather A. Steans
  2/9/2011SenateFirst Reading
  2/9/2011SenateReferred to Assignments
  2/23/2011SenateAssigned to Revenue
  3/1/2011SenateAdded as Co-Sponsor Sen. Emil Jones, III
  3/3/2011SenatePostponed - Revenue
  3/10/2011SenatePostponed - Revenue
  3/17/2011SenatePostponed - Revenue
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

Back To Top