Bill Text: IL SB1049 | 2025-2026 | 104th General Assembly | Introduced

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Bill Title: Amends the Economic Development Project Area Tax Increment Allocation Act of 1995. Makes a technical change in a Section concerning the short title.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-01-24 - Referred to Assignments [SB1049 Detail]

Download: Illinois-2025-SB1049-Introduced.html

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104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB1049 Introduced 1/24/2025, by Sen. John F. Curran SYNOPSIS AS INTRODUCED:
65 ILCS 110/1
Amends the Economic Development Project Area Tax Increment Allocation Act of 1995. Makes a technical change in a Section concerning the short title.
LRB104 05386 RTM 15415 b
A BILL FOR
SB1049 LRB104 05386 RTM 15415 b
AN ACT concerning local government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Economic Development Project Area Tax
Increment Allocation Act of 1995 is amended by changing
Section 1 as follows: