Illinois 94th Regular Session Status: In Committee

SB 84 — MUNI CD-TIF EXTENSION LIMIT

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 94th 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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 Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, in no case, may the estimated dates of completion of a redevelopment project, the retirement of obligations to finance redevelopment project costs, and the maturity date of refunding obligations be extended later than December 31 of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 35th calendar year after the year in which the ordinance approving the redevelopment project area is adopted. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 3-9(a) / Re-referred to Rules

  3. Postponed - Commerce & Economic Development

  4. Postponed - Commerce & Economic Development

  5. Assigned to Commerce & Economic Development

  6. Referred to Rules

  7. First Reading

  8. Chief Co-Sponsor Sen. Steven J. Rauschenberger

  9. Chief Co-Sponsor Sen. Christine Radogno

  10. Filed with Secretary by Sen. Dan Cronin

Sponsors

  • Dan Cronin · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Dan Cronin

Not signed on (182)

182 members have not signed on to this bill.

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"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.

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Subjects

taxation housing
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Frequently asked questions

What does SB 84 do?
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that, in no case, may the estimated dates of completion of a redevelopment project, the retirement of obligations to finance redevelopment project costs, and the maturity date of refunding obligations be extended later than December 31 of the year in which the payment to the municipal treasurer is to be made with respect to ad valorem taxes levied in the 35th calendar year after the year in which the ordinance approving the redevelopment project area is adopted. Effective immediately.
Who sponsors SB 84?
SB 84 is sponsored by Dan Cronin.
What is the current status of SB 84?
This bill died with 94th 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 SB 84?
Track SB 84 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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