Illinois General Assembly - Bill Status for HB5687
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 Bill Status of HB5687  98th General Assembly


House Sponsors
Rep. Elaine Nekritz

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
65 ILCS 5/11-74.4-3.3 new
65 ILCS 5/11-74.4-3.5
65 ILCS 5/11-74.4-4from Ch. 24, par. 11-74.4-4
65 ILCS 5/11-74.4-8from Ch. 24, par. 11-74.4-8

Synopsis As Introduced
Amends the Illinois Municipal Code. Creates a Section in the Tax Increment Allocation Redevelopment Act concerning redevelopment projects within a transit facility improvement area. Provides that an ordinance approving a transit facility improvement area redevelopment project expires the 50th calendar year after the date approving the ordinance was adopted. Sets forth percentages of taxes to be allocated toward transit facility improvement area redevelopment projects. Defines required terms.

DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Elaine Nekritz
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  12/3/2014HouseSession Sine Die

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