Illinois General Assembly - Bill Status for SB2465
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 Bill Status of SB2465  101st General Assembly


Short Description:  MUNI CD-TIF SURPLUS FUNDS

Senate Sponsors
Sen. Laura M. Murphy - Julie A. Morrison and Rachelle Crowe

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-7from Ch. 24, par. 11-74.4-7


Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that all surplus funds in the special tax allocation fund shall be distributed as soon as possible after they are calculated (rather than distributed annually within 180 days after the close of the municipality's fiscal year).

Actions 
DateChamber Action
  1/15/2020SenateFiled with Secretary by Sen. Laura M. Murphy
  1/15/2020SenateFirst Reading
  1/15/2020SenateReferred to Assignments
  1/28/2020SenateAdded as Co-Sponsor Sen. Rachelle Crowe
  1/29/2020SenateAdded as Chief Co-Sponsor Sen. Julie A. Morrison
  2/27/2020SenateAssigned to Revenue
  3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020
  3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020
  4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die

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