Illinois General Assembly - Bill Status for HB1222

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, after the effective date of the amendatory Act, the General Assembly shall not approve the extension of a redevelopment project and the retirement of its obligations to a date that is beyond the 35th calendar year after the year in which the ordinance approving the redevelopment project areas was adopted. Effective immediately.

Actions

Date	Chamber	Action
1/9/2025	House	Filed with the Clerk by Rep. Jeff Keicher
1/9/2025	House	First Reading
1/9/2025	House	Referred to Rules Committee
1/28/2025	House	Added Co-Sponsor Rep. Maura Hirschauer
2/11/2025	House	Assigned to Revenue & Finance Committee

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