IL SB2703 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Enrolled on November 21 2024 - 75% progression
Action: 2024-11-21 - 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 dates of completion of redevelopment projects and the retirement of obligations issued to finance redevelopment project costs for various ordinances adopted by the Village of Melrose Park, City of Knoxville, the City of Chicago, and the City of St. Charles. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for various ordinances adopted by the Village of Melrose Park, Village of Lansing, and Village of South Holland 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 December 31, 2024.

Tracking Information

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Title

PROP TX-HISTORIC RESIDENCE

Sponsors


Roll Calls

2024-11-21 - Senate - Concurrence in Senate (Y: 48 N: 3 NV: 8 Abs: 0) [PASS]
2024-11-20 - House - Third Reading in House (Y: 90 N: 20 NV: 1 Abs: 1) [PASS]
2024-04-12 - Senate - Third Reading in Senate (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-11-21SenatePassed Both Houses
2024-11-21SenateSenate Concurs
2024-11-21SenateHouse Floor Amendment No. 2 Senate Concurs 048-003-001
2024-11-21SenateHouse Floor Amendment No. 2 3/5 Vote Required
2024-11-21SenateHouse Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
2024-11-21SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments
2024-11-21SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Napoleon Harris, III
2024-11-21SenatePlaced on Calendar Order of Concurrence House Amendment(s) 2 - November 21, 2024
2024-11-21SenateSecretary's Desk - Concurrence House Amendment(s) 2
2024-11-20SenateChief Sponsor Changed to Sen. Napoleon Harris, III
2024-11-20HouseHouse Floor Amendment No. 1 Tabled
2024-11-20HouseThird Reading - Short Debate - Passed 090-020-000
2024-11-20HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-11-20HouseHouse Floor Amendment No. 2 Adopted
2024-11-20HouseHouse Floor Amendment No. 2 Recommends Be Adopted Revenue & Finance Committee; 017-000-000
2024-11-20HouseHouse Floor Amendment No. 2 Rules Refers to Revenue & Finance Committee
2024-11-20HouseHouse Floor Amendment No. 2 Referred to Rules Committee
2024-11-20HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Michael J. Kelly
2024-11-20HouseAlternate Chief Sponsor Changed to Rep. Michael J. Kelly
2024-11-19HousePlaced on Calendar 2nd Reading - Short Debate
2024-11-19HouseApproved for Consideration Rules Committee; 005-000-000
2024-05-31HouseHouse Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2024-05-31HouseRule 19(a) / Re-referred to Rules Committee
2024-05-26HouseThird Reading/Final Action Deadline Extended-9(b) May 31, 2024
2024-05-24HouseThird Reading/Final Action Deadline Extended-9(b) May 27, 2024
2024-05-22HouseHouse Floor Amendment No. 1 Recommends Be Adopted Executive Committee; 008-004-000
2024-05-20HouseHouse Floor Amendment No. 1 Rules Refers to Executive Committee
2024-05-20HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2024-05-20HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel "Chris" Welch
2024-05-20HouseAlternate Chief Sponsor Changed to Rep. Emanuel "Chris" Welch
2024-05-16HouseHeld on Calendar Order of Second Reading - Short Debate
2024-05-16HouseSecond Reading - Short Debate
2024-05-15HousePlaced on Calendar 2nd Reading - Short Debate
2024-05-14HouseDo Pass / Short Debate Revenue & Finance Committee; 015-000-000
2024-05-03HouseCommittee/Final Action Deadline Extended-9(b) May 24, 2024
2024-04-24HouseAssigned to Revenue & Finance Committee
2024-04-15HouseReferred to Rules Committee
2024-04-15HouseFirst Reading
2024-04-15HouseChief House Sponsor Rep. Kelly M. Burke
2024-04-12HouseArrived in House
2024-04-12SenateThird Reading - Passed; 059-000-000
2024-04-10SenateAdded as Co-Sponsor Sen. Laura M. Murphy
2024-04-10SenatePlaced on Calendar Order of 3rd Reading **
2024-03-14SenatePlaced on Calendar Order of 3rd Reading March 20, 2024
2024-03-14SenateSecond Reading
2024-02-21SenatePlaced on Calendar Order of 2nd Reading February 22, 2024
2024-02-21SenateDo Pass Revenue; 008-000-000
2024-01-31SenateAssigned to Revenue
2024-01-10SenateReferred to Assignments
2024-01-10SenateFirst Reading
2024-01-10SenateFiled with Secretary by Sen. Cristina Castro

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3520010-40Amended CodeCitation Text
3520010-50Amended CodeCitation Text

Illinois State Sources


Bill Comments

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