Illinois General Assembly - Bill Status for HB5253
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 Bill Status of HB5253  103rd General Assembly

Short Description:  TIF-VILLAGE OF FRANKLIN PARK

House Sponsors
Rep. Norma Hernandez and Brad Stephens

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on October 16, 2000 by the Village of Franklin Park to create the Downtown Franklin Avenue redevelopment project area. Effective immediately.

Actions 
DateChamber Action
  2/8/2024HouseFiled with the Clerk by Rep. Norma Hernandez
  2/9/2024HouseFirst Reading
  2/9/2024HouseReferred to Rules Committee
  3/5/2024HouseAssigned to Revenue & Finance Committee
  3/8/2024HouseTo Revenue - Property Tax Subcommittee
  3/14/2024HouseAdded Co-Sponsor Rep. Brad Stephens
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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