Bill Title: Amends the Brownfields Redevelopment and Intermodal Promotion Act. Provides that moneys in the South Suburban Brownfields Redevelopment Fund shall be held to fund eligible projects through fiscal year 2031 (currently 2021). Provides that the life span of the South Suburban Brownfields Redevelopment Fund may be extended past 2036 (currently, 2026). Provides that the total amount of tax increment to be transferred to the South Suburban Brownfields Redevelopment Fund may not exceed $4,000,000 in any fiscal year (currently, $3,000,000).

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2021-01-09 - Held on Calendar Order of Second Reading - Short Debate [HB4386 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2020-01-29	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4386

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4386 currently on file.

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