Rep. Jerry Costello, II

Filed: 3/14/2017

 

 


 

 


 
10000HB3888ham001LRB100 11226 AWJ 23294 a

1
AMENDMENT TO HOUSE BILL 3888

2    AMENDMENT NO. ______. Amend House Bill 3888 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The River Edge Redevelopment Zone Act is
5amended by changing Section 10-4 as follows:
 
6    (65 ILCS 115/10-4)
7    Sec. 10-4. Qualifications for River Edge Redevelopment
8Zones.
9    (a) Before the effective date of this amendatory Act of the
10100th General Assembly, an An area is qualified to become a
11zone if it:
12        (1) is a contiguous area adjacent to or surrounding a
13    river;
14        (2) comprises a minimum of one half square mile and not
15    more than 12 square miles, exclusive of lakes and
16    waterways;

 

 

10000HB3888ham001- 2 -LRB100 11226 AWJ 23294 a

1        (3) satisfies any additional criteria established by
2    the Department consistent with the purposes of this Act;
3        (4) is entirely within a single municipality; and
4        (5) has at least 100 acres of environmentally
5    challenged land within 1500 yards of the riverfront.
6    The changes made by this amendatory Act of the 100th
7General Assembly do not affect the certification of any area
8certified by the Department as a River Edge Redevelopment Zone
9under this subsection before the effective date of this
10amendatory Act of the 100th General Assembly.
11    (b) On and after the effective date of this amendatory Act
12of the 100th General Assembly, an area is qualified to become a
13zone if it is an area in the State:
14        (1) located on a river;
15        (2) with less than 30,000 population; and
16        (3) that meets one of the following conditions:
17            (i) has a median household income of less than 80%
18        of State median income for a household of 4, as
19        determined by the U.S. Department of Housing and Urban
20        Development;
21            (ii) has a per capita personal income of less than
22        60% of the per capita personal income for Illinois as
23        determined by the U.S. Department of Commerce; or
24            (iii) has a median home price of less than 60% of
25        the State median home price.
26(Source: P.A. 94-1021, eff. 7-12-06; 94-1022, eff. 7-12-06.)
 

 

 

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1    Section 99. Effective date. This Act takes effect upon
2becoming law.".