IL HB0367 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Community Improvement Land Bank Act. Provides for the creation of community improvement land banks by a county, municipality, or township, or any combination of those units, for the main purposes of advancing, encouraging, and promoting the industrial, economic, commercial, and civic development of a community or area and facilitating the reclamation, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, or other real property within the county, municipality, or township for whose benefit the land bank is being organized. Provides procedures for creating the community improvement land banks, the powers of a land bank (including to purchase and sell tax delinquent properties), and the creation and composition of the board of directors of land banks. Limits the liability of the community improvement land banks. Allows the county, municipality, or township to have the land bank create a land reutilization program to facilitate the effective reutilization of nonproductive land situated within its boundaries and contains requirements of such a program. Defines terms. Amends various Acts and Codes making conforming changes. Effective Immediately.

Tracking Information

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Title

LOCAL GOVERNMENT LAND BANKS

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-11HouseTo Property Tax Subcommittee
2021-03-02HouseAssigned to Revenue & Finance Committee
2021-01-29HouseReferred to Rules Committee
2021-01-29HouseFirst Reading
2021-01-28HouseFiled with the Clerk by Rep. Sonya M. Harper

Code Citations

ChapterArticleSectionCitation TypeStatute Text
203501815-10Amended CodeCitation Text
203501815-20Amended CodeCitation Text
203501815-25Amended CodeCitation Text
203501815-30Amended CodeCitation Text
3053-1Amended CodeCitation Text
3520021-11New CodeSee Bill Text
3520021-450New CodeSee Bill Text
51407Amended CodeCitation Text
65511-74.4-3Amended CodeCitation Text

Illinois State Sources


Bill Comments

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