Rep. Kathleen Willis

Filed: 5/23/2017

 

 


 

 


 
10000SB1415ham001LRB100 08720 AMC 26848 a

1
AMENDMENT TO SENATE BILL 1415

2    AMENDMENT NO. ______. Amend Senate Bill 1415, on page 37,
3by replacing lines 5 through 17 with the following:
4        "(7) To the extent a the municipality with a population
5    of more than 1,000,000 by written agreement accepts and
6    approves the same, all or a portion of a taxing district's
7    capital costs resulting from the redevelopment project
8    necessarily incurred or to be incurred within a taxing
9    district in furtherance of the objectives of the
10    redevelopment plan and project;
11        (7.1) For units of local government within a
12    municipality with a population of more than 1,000,000, all
13    or a portion of a unit of local government's capital costs
14    resulting from the redevelopment project reasonably
15    incurred or to be incurred within a unit of local
16    government as a result of the redevelopment plan and
17    project;
18        (7.2) For taxing districts other than as provided in

 

 

10000SB1415ham001- 2 -LRB100 08720 AMC 26848 a

1    paragraphs (7) and (7.1), all or a portion of a taxing
2    district's capital costs resulting from the redevelopment
3    project reasonably incurred or to be incurred within a
4    taxing district as a result of the redevelopment plan and
5    project;".