Illinois General Assembly - Bill Status for HB1646

Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that moneys in the special tax allocation fund may be used to make distributions to certain taxing districts. Provides that moneys received from the additional distributions may be used by the affected taxing district to pay debt service on obligations incurred by the taxing district and to provide property tax relief. Effective immediately.

Actions

Date	Chamber	Action
2/1/2023	House	Filed with the Clerk by Rep. Blaine Wilhour
2/1/2023	House	First Reading
2/1/2023	House	Referred to Rules Committee
2/15/2023	House	Assigned to Revenue & Finance Committee
2/23/2023	House	To Revenue - Property Tax Subcommittee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee
3/16/2023	House	Added Co-Sponsor Rep. Chris Miller
2/28/2024	House	Assigned to Revenue & Finance Committee
3/8/2024	House	To Revenue - Property Tax Subcommittee
4/5/2024	House	Rule 19(a) / Re-referred to Rules Committee

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