Bill Status of SB 2258   98th General Assembly

Short Description:  TIF-REDEVELOPMENT PROJECT

Senate Sponsors
Sen. Don Harmon

Last Action  View All Actions

DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
15 ILCS 405/30 new
35 ILCS 200/20-15
65 ILCS 5/8-8-3from Ch. 24, par. 8-8-3
65 ILCS 5/8-8-3.5
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
65 ILCS 5/11-74.6-22

Synopsis As Introduced
Amends the State Comptroller Act. Adds 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 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 January 1, 2014, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting, daily charges for delinquent reports, times for filing reports, and extensions. 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. Makes other changes. Effective January 1, 2014.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. Don Harmon
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  3/5/2013SenateAssigned to Revenue
  3/13/2013SenatePostponed - Revenue
  3/20/2013SenateDo Pass Revenue; 011-000-000
  3/20/2013SenatePlaced on Calendar Order of 2nd Reading March 21, 2013
  4/16/2013SenateSecond Reading
  4/16/2013SenatePlaced on Calendar Order of 3rd Reading April 17, 2013
  4/30/2013SenateRe-referred to Assignments
  1/13/2015SenateSession Sine Die

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