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92_HB0694 LRB9206724TAtm 1 AN ACT in relation to economic development. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Economic Development Area Tax Increment 5 Allocation Act is amended by changing Section 1 as follows: 6 (20 ILCS 620/1) (from Ch. 67 1/2, par. 1001) 7 Sec. 1. Short title. This Actshall be known andmay be 8 cited as the Economic Development Area Tax Increment 9 Allocation Act. 10 (Source: P.A. 86-38.)