Illinois General Assembly - Bill Status for HB4172
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB4172  102nd General Assembly


Short Description:  TIF-CITY OF PEKIN

House Sponsors
Rep. Mark Luft

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-3.5


Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Creates a tax increment allocation financing extension to the 47th year (currently, the 35th year) after the adoption of the ordinance of November 11, 1986 by the City of Pekin. Requires adoption of an ordinance by the City of Pekin extending the completion date of the redevelopment project area to 47 years and providing notice to the taxing bodies that would otherwise constitute the joint review board. Effective immediately.

Actions 
DateChamber Action
  10/14/2021HouseFiled with the Clerk by Rep. Mark Luft
  10/19/2021HouseFirst Reading
  10/19/2021HouseReferred to Rules Committee
  1/10/2023HouseSession Sine Die

Back To Top