Illinois General Assembly - Bill Status for HB5794

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Bill Status of HB5794 102nd General Assembly

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Short Description: TIF-CITY OF PONTIAC

House Sponsors
Rep. Thomas M. Bennett

Last Action

Date	Chamber	Action
1/10/2023	House	Session 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) for 2 redevelopment project areas adopted by the City of Pontiac if the City of Pontiac adopts a specified ordinance and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.

Actions

Date	Chamber	Action
8/24/2022	House	Filed with the Clerk by Rep. Thomas M. Bennett
11/16/2022	House	First Reading
11/16/2022	House	Referred to Rules Committee
1/10/2023	House	Session Sine Die

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