MUNI CD-TIF-DISTRESSED FUNDS
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HB 4560 — MUNI CD-TIF-DISTRESSED FUNDS
Last action — Session Sine Die
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Illinois Municipal Code. Provides that municipalities which contain a financially distressed school district with a population in its district of greater than 1,000,000 must annually calculate and distribute their distressed surplus funds. Further provides that municipalities with a financially distressed school district shall also submit to the State Comptroller and taxing districts in a tax increment financing redevelopment project area calculation of reporting year a calculation of contractual obligations and distressed surplus funds. Defines terms. Amends the School Code. Provides that a financially distressed school district must notify the municipalities within the school district's boundaries of its status as a financially distressed school district. Effective immediately.
Bill Text
- Introduced View text Current html
Action History
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Session Sine Die
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Added Co-Sponsor Rep. Frances Ann Hurley
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Added Co-Sponsor Rep. Kenneth Dunkin
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Added Co-Sponsor Rep. Linda Chapa LaVia
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Added Co-Sponsor Rep. Camille Y. Lilly
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Added Co-Sponsor Rep. Sonya M. Harper
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Added Co-Sponsor Rep. Christian L. Mitchell
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Added Co-Sponsor Rep. Kathleen Willis
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Added Co-Sponsor Rep. Emanuel Chris Welch
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Added Co-Sponsor Rep. Silvana Tabares
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Added Co-Sponsor Rep. Rita Mayfield
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Added Co-Sponsor Rep. Robert Martwick
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Added Co-Sponsor Rep. Will Guzzardi
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Added Co-Sponsor Rep. Robyn Gabel
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Added Co-Sponsor Rep. Mary E. Flowers
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Added Co-Sponsor Rep. Monique D. Davis
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Added Co-Sponsor Rep. Kelly M. Cassidy
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Added Co-Sponsor Rep. Elizabeth Hernandez
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Added Co-Sponsor Rep. Sara Feigenholtz
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Added Co-Sponsor Rep. Ann M. Williams
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Added Chief Co-Sponsor Rep. Arthur Turner
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Added Chief Co-Sponsor Rep. Gregory Harris
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Added Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
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Added Chief Co-Sponsor Rep. Elgie R. Sims, Jr.
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Referred to Rules Committee
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First Reading
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Filed with the Clerk by Rep. Barbara Flynn Currie
Sponsors
- Barbara Flynn Currie · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on
Sponsors (0)
None.
Co-sponsors (1)
- Barbara Flynn Currie
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB 4560 do?
- Amends the Illinois Municipal Code. Provides that municipalities which contain a financially distressed school district with a population in its district of greater than 1,000,000 must annually calculate and distribute their distressed surplus funds. Further provides that municipalities with a financially distressed school district shall also submit to the State Comptroller and taxing districts in a tax increment financing redevelopment project area calculation of reporting year a calculation of contractual obligations and distressed surplus funds. Defines terms. Amends the School Code. Provides that a financially distressed school district must notify the municipalities within the school district's boundaries of its status as a financially distressed school district. Effective immediately.
- Who sponsors HB 4560?
- HB 4560 is sponsored by Barbara Flynn Currie.
- What is the current status of HB 4560?
- This bill died with 99th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB 4560?
- Track HB 4560 free on One Click Politics — get push/email alerts when it moves.
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