Illinois General Assembly - Bill Status for HB4326
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 Bill Status of HB4326  96th General Assembly

Short Description:  TIF-BENEFIT RECAPTURE

House Sponsors
Rep. John A. Fritchey - Donald L. Moffitt - Kevin Joyce - Jack D. Franks - Keith Farnham, Lisa M. Dugan, Rosemary Mulligan, Sandy Cole, Elizabeth Coulson, Linda Chapa LaVia, Careen M. Gordon, Karen May and Kathleen A. Ryg

Senate Sponsors
(Sen. Louis S. Viverito - Don Harmon - Pamela J. Althoff and Kyle McCarter)

Last Action
DateChamber Action
  8/11/2009HousePublic Act . . . . . . . . . 96-0324

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-8b


Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that any private individual or entity that receives benefits under this Act for the purpose of originating, locating, maintaining, rehabilitating, or expanding a business facility and that abandons or relocates its facility in violation of the agreement shall pay to the municipality an amount equal to the prorated value of the benefit.

Actions 
DateChamber Action
  2/27/2009HouseFiled with the Clerk by Rep. John A. Fritchey
  2/27/2009HouseFirst Reading
  2/27/2009HouseReferred to Rules Committee
  3/4/2009HouseAssigned to Cities & Villages Committee
  3/10/2009HouseDo Pass / Short Debate Cities & Villages Committee; 007-000-000
  3/11/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/19/2009HouseSecond Reading - Short Debate
  3/19/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/24/2009HouseAdded Co-Sponsor Rep. Lisa M. Dugan
  3/26/2009HouseAdded Chief Co-Sponsor Rep. Donald L. Moffitt
  3/26/2009HouseAdded Chief Co-Sponsor Rep. Kevin Joyce
  3/26/2009HouseAdded Chief Co-Sponsor Rep. Jack D. Franks
  3/26/2009HouseAdded Chief Co-Sponsor Rep. Keith Farnham
  3/26/2009HouseAdded Co-Sponsor Rep. Rosemary Mulligan
  3/26/2009HouseAdded Co-Sponsor Rep. Sandy Cole
  3/26/2009HouseAdded Co-Sponsor Rep. Elizabeth Coulson
  3/26/2009HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  3/26/2009HouseAdded Co-Sponsor Rep. Careen M. Gordon
  3/26/2009HouseAdded Co-Sponsor Rep. Karen May
  3/26/2009HouseAdded Co-Sponsor Rep. Kathleen A. Ryg
  3/26/2009HouseThird Reading - Short Debate - Passed 115-001-000
  3/30/2009SenateArrive in Senate
  3/30/2009SenatePlaced on Calendar Order of First Reading
  3/30/2009SenateChief Senate Sponsor Sen. John J. Cullerton
  3/30/2009SenateFirst Reading
  3/30/2009SenateReferred to Assignments
  3/30/2009SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon
  4/21/2009SenateAlternate Chief Sponsor Changed to Sen. Louis S. Viverito
  4/22/2009SenateAssigned to Revenue
  4/30/2009SenateDo Pass Revenue; 007-000-001
  4/30/2009SenatePlaced on Calendar Order of 2nd Reading May 5, 2009
  5/13/2009SenateSecond Reading
  5/13/2009SenatePlaced on Calendar Order of 3rd Reading May 14, 2009
  5/15/2009SenateAdded as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
  5/15/2009SenateAdded as Alternate Co-Sponsor Sen. Kyle McCarter
  5/15/2009SenateThird Reading - Passed; 053-000-000
  5/15/2009HousePassed Both Houses
  6/12/2009HouseSent to the Governor
  8/11/2009HouseGovernor Approved
  8/11/2009HouseEffective Date January 1, 2010
  8/11/2009HousePublic Act . . . . . . . . . 96-0324

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