IL SB3563 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Enrolled on May 26 2024 - 75% progression
Action: 2024-05-26 - Passed Both Houses
Text: Latest bill text (Enrolled) [HTML]
Status: Enrolled on May 26 2024 - 75% progression
Action: 2024-05-26 - Passed Both Houses
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs to not later than December 31 of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 32nd calendar year after the year in which the ordinance approving the redevelopment project area was adopted if the ordinance was adopted on April 19, 2004 by the Village of Tremont. Extends the estimated dates of completion of redevelopment projects and the retirement of obligations issued to finance redevelopment project costs to the 35th calendar year after the year in which various ordinances were adopted by the Village of Franklin Park, City of Jacksonville, City of Prophetstown, City of Ottawa, City of Salem, Village of Malta, City of Highland, City of Chicago, City of Des Plaines, City of Sullivan, and City of Oak Forest. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for various ordinances adopted by the City of Ottawa and Village of Rosemont if those municipalities adopt a specified ordinance and provide notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.
Title
LIBRARY-BOND PERCENTAGE
Sponsors
| Sen. John Curran [R] | Sen. Linda Holmes [D] | Sen. Laura Murphy [D] | Sen. Mary Edly-Allen [D] |
| Rep. Lance Yednock [D] | Rep. Laura Faver Dias [D] |
Roll Calls
2024-05-26 - Senate - Concurrence in Senate (Y: 51 N: 3 NV: 5 Abs: 0) [PASS]
2024-05-25 - House - Third Reading in House (Y: 92 N: 11 NV: 2 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
2024-05-25 - House - Third Reading in House (Y: 92 N: 11 NV: 2 Abs: 0) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-26 | Senate | Passed Both Houses |
| 2024-05-26 | Senate | Senate Concurs |
| 2024-05-26 | Senate | House Floor Amendment No. 1 Senate Concurs 051-003-001 |
| 2024-05-26 | Senate | House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments |
| 2024-05-26 | Senate | House Floor Amendment No. 1 Motion to Concur Referred to Assignments |
| 2024-05-26 | Senate | House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. John F. Curran |
| 2024-05-25 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 25, 2024 |
| 2024-05-25 | Senate | Secretary's Desk - Concurrence House Amendment(s) 1 |
| 2024-05-25 | Senate | Chief Sponsor Changed to Sen. John F. Curran |
| 2024-05-25 | House | Third Reading - Short Debate - Passed 092-011-000 |
| 2024-05-25 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-05-25 | House | House Floor Amendment No. 1 Adopted |
| 2024-05-25 | House | House Floor Amendment No. 1 Recommends Be Adopted Revenue & Finance Committee; 019-000-000 |
| 2024-05-25 | House | House Floor Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2024-05-25 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 2024-05-25 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Lance Yednock |
| 2024-05-24 | House | Third Reading/Final Action Deadline Extended-9(b) May 27, 2024 |
| 2024-05-24 | House | Alternate Chief Sponsor Changed to Rep. Lance Yednock |
| 2024-05-16 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2024-05-16 | House | Second Reading - Short Debate |
| 2024-05-16 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-05-16 | House | Do Pass / Short Debate Revenue & Finance Committee; 019-000-000 |
| 2024-05-15 | House | Motion to Suspend Rule 21 - Prevailed by Voice Vote |
| 2024-05-15 | House | Motion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Kam Buckner |
| 2024-05-03 | House | Committee/Final Action Deadline Extended-9(b) May 24, 2024 |
| 2024-04-29 | House | Added Alternate Chief Co-Sponsor Rep. Laura Faver Dias |
| 2024-04-24 | House | Assigned to Revenue & Finance Committee |
| 2024-04-15 | House | Referred to Rules Committee |
| 2024-04-15 | House | First Reading |
| 2024-04-15 | House | Chief House Sponsor Rep. Jenn Ladisch Douglass |
| 2024-04-12 | House | Arrived in House |
| 2024-04-12 | Senate | Third Reading - Passed; 059-000-000 |
| 2024-04-11 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 2024-04-10 | Senate | Added as Co-Sponsor Sen. Laura M. Murphy |
| 2024-04-10 | Senate | Placed on Calendar Order of 3rd Reading ** |
| 2024-03-14 | Senate | Placed on Calendar Order of 3rd Reading March 20, 2024 |
| 2024-03-14 | Senate | Second Reading |
| 2024-03-07 | Senate | Placed on Calendar Order of 2nd Reading March 12, 2024 |
| 2024-03-07 | Senate | Do Pass Local Government; 009-000-000 |
| 2024-03-06 | Senate | Added as Chief Co-Sponsor Sen. Linda Holmes |
| 2024-02-20 | Senate | Assigned to Local Government |
| 2024-02-09 | Senate | Referred to Assignments |
| 2024-02-09 | Senate | First Reading |
| 2024-02-09 | Senate | Filed with Secretary by Sen. Erica Harriss |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 75 | 10 | 5 | Amended Code | Citation Text |
| 75 | 16 | 30-45 | Amended Code | Citation Text |
| 75 | 5 | 4-9 | Amended Code | Citation Text |
