Bill Status of HB3431 100th General Assembly
Short Description: TIF-FIRE PROTECTION DISTRICT
Rep. Keith R. Wheeler
| 3/31/2017||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Provides that a municipality may, by resolution, make payments in lieu of taxes only to a fire protection district, and not to all taxing districts, within a redevelopment area if the municipality finds: (1) the fire protection district will receive, or has received, a unique impact and burden on its services, distinct from the other taxing districts in the project redevelopment area; and (2) the unique impact and burden is due to new development in the project redevelopment area. Effective immediately.