House Sponsors: LEITCH-BRUNSVOLD-WINKEL-REITZ-WRIGHT, LAWFER, TENHOUSE AND MYERS,RICHARD. Senate Sponsors: RADOGNO-SIEBEN Short description: MUNICIPAL CODE-TIF DISTRICTS Synopsis of Bill as introduced: Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that if the redevelopment plan will not result in displacement of residents from 10 or more inhabited residential units (now, if the redevelopment plan will not result in the displacement of 10 or more residents from inhabited units), and the municipality certifies in the plan that such displacement will not result from the plan, a housing impact study need not be performed. Provides that if the redevelopment plan will not result in displacement of residents from 10 or more inhabited residential units (now, if the redevelopment plan will not result in the displacement of 10 or more residents from inhabited units), and the municipality certifies in the plan that such displacement will not result from the plan, then a resolution or ordinance providing for a feasibility study need not be adopted. Provides that in a municipality in which a redevelopment project area is proposed the municipality shall provide notice of the availability of the proposed redevelopment plan and eligibility report to all residential addresses located outside the proposed redevelopment project area and within 750 feet of the boundaries of the proposed redevelopment project area (now, located within 750 feet of the boundaries of the proposed redevelopment project area). Makes other changes. Effective immediately. HOUSE AMENDMENT NO. 1. Adds reference to: 65 ILCS 5/11-74.4-7 from Ch. 24, par. 11-74.4-7 Further amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF District created by (i) an ordinance adopted on December 22, 1986 by the City of Aledo, (ii) an ordinance adopted on February 5, 1990 by the City of Clinton, (iii) an ordinance adopted on September 6, 1994 by the City of Freeport, (iv) an ordinance adopted on December 22, 1986 by the City of Tuscola, and (v) an ordinance adopted on December 23, 1986 by the City of Sparta must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. HOUSE AMENDMENT NO. 3. Further amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF District created by an ordinance adopted on (i) December 23, 1986 by the City of Beardstown or (ii) April 27, 1981, October 21, 1985, or December 30, 1986 by the City of Belleville must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Last action on Bill: PUBLIC ACT.............................. 92-0624 Last action date: JUL-11-2002 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 0 END OF INQUIRY Full Text Bill Status