Bill Title: Creates the Land Bank Act. Provides that a taxing district may create a land bank by the adoption of an ordinance or resolution. Establishes requirements for the creation of a land bank and a land bank's board of directors and staff. Establishes various powers and duties of a land bank. Provides that the provisions of the Act shall not apply to any land bank in effect before the effective date of the Act.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB1517 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-02-06	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB1517

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB1517 currently on file.

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