HB1279 94TH GENERAL ASSEMBLY

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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB1279

Introduced 2/9/2005, by Rep. Wyvetter H. Younge

SYNOPSIS AS INTRODUCED:

20 ILCS 620/1

from Ch. 67 1/2, par. 1001

Amends the Economic Development Area Tax Increment Allocation Act. Makes a stylistic change in the short title Section.

A BILL FOR

AN ACT to foster economic development.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Economic Development Area Tax Increment Allocation Act is amended by changing Section 1 as follows:

(20 ILCS 620/1) (from Ch. 67 1/2, par. 1001)

Sec. 1. Short title. This Act shall be known and may be cited as the Economic Development Area Tax Increment Allocation Act.

(Source: P.A. 86-38.)