MUNI CD-TIF REVENUE

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that moneys in the special tax allocation fund may be used to make distributions to certain taxing districts. Provides that moneys received from the additional distributions may be used by the affected taxing district to pay debt service on obligations incurred by the taxing district and to provide property tax relief. Effective immediately.

Every action

11 steps, oldest first, as the legislature records them.

1. Feb 1, 2023HouseFiled with the Clerk by Rep. Blaine Wilhour
2. Feb 1, 2023HouseFirst Reading
3. Feb 1, 2023CommitteeReferred to Rules Committee · House Rules
4. Feb 15, 2023CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
5. Feb 23, 2023CommitteeTo Revenue - Property Tax Subcommittee · House Property Tax Subcommittee
6. Mar 10, 2023CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
7. Mar 16, 2023HouseAdded Co-Sponsor Rep. Chris Miller
8. Feb 28, 2024CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
9. Mar 8, 2024CommitteeTo Revenue - Property Tax Subcommittee · House Property Tax Subcommittee
10. Apr 5, 2024CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
11. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Republican.

• Blaine WilhourR Primary sponsor · District 110