TIF-CITY OF OTTAWA
- Introduced Jan 10, 2024
- In committee Jan 10, 2024
- Died
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the…
Read the full title (113 words)
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on August 29, 2006 by the City of Ottawa establishing the Ottawa Dayton Industrial TIF District. Creates tax increment allocation financing extensions to the 47th year (currently, the 35th year) for ordinances adopted by the City of Ottawa on December 29, 1993 and September 20, 1994 if the City of Ottawa adopts specified ordinances and provides notice to the taxing bodies that would otherwise constitute the joint review board of each redevelopment project area. Effective immediately.
Every action
6 steps, oldest first, as the legislature records them.
- SenateFiled with Secretary by Sen. Sue Rezin
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- CommitteeAssigned to Revenue · Senate Revenue
- CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
- SenateSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Sue RezinR Primary sponsor · District 38
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.