Bill Status of HB4125 95th General Assembly
Short Description: MUNI CD-TIF EXTENSIONS
Rep. Patrick J Verschoore - John E. Bradley
| 1/13/2009||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Deletes everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF district created by an ordinance that was adopted on December 31, 1986 by the Village of Milan or by an ordinance that was adopted on September 8, 1994 by the City of West Frankfort must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Effective immediately.