Illinois General Assembly - Bill Status for HB5457
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 Bill Status of HB5457  97th General Assembly

Short Description:  TIF ADMINISTRATORS

House Sponsors
Rep. John E. Bradley - David Harris

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
15 ILCS 405/30 new
35 ILCS 200/20-15
65 ILCS 5/8-8-3from Ch. 24, par. 8-8-3
65 ILCS 5/8-8-3.5
65 ILCS 5/11-74.4-3from Ch. 24, par. 11-74.4-3
65 ILCS 5/11-74.4-3.5
65 ILCS 5/11-74.4-4from Ch. 24, par. 11-74.4-4
65 ILCS 5/11-74.4-5from Ch. 24, par. 11-74.4-5
65 ILCS 5/11-74.6-15
65 ILCS 5/11-74.6-22
105 ILCS 5/18-8.05


Synopsis As Introduced
Amends the State Comptroller Act. Creates a provision allowing the Comptroller to establish and conduct a training and certification program for Tax Increment Finance administrators. Sets forth requirements of the program. Amends the Property Tax Code. Requires the name and identification number of a redevelopment project area where the property is located and a State Internet website address with information on tax increment financing to be printed on specified bills. Amends the Illinois Municipal Code. Provides that on and after January 1, 2013, the State Comptroller must post on its website specified information. Sets forth the requirements for the posting, daily charges for delinquent reports, times for filing reports, and extensions. Amends the Industrial Jobs Recovery Law of the Illinois Municipal Code. Provides that a municipality must electronically submit financial statements for each redevelopment project area. Further provides that, for each redevelopment project area, municipalities must also submit a list of all intergovernmental agreements in effect and an accounting of any moneys transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. Makes other changes. Amends the School Code. Provides that for certain school districts, the calculated local property tax revenues per pupil shall include any surplus received by the school district in the previous year from a special tax allocation fund, as provided by the Tax Increment Allocation Redevelopment Act or the Industrial Jobs Recovery Law. Effective January 1, 2013.

Actions 
DateChamber Action
  2/9/2012HouseFiled with the Clerk by Rep. John E. Bradley
  2/15/2012HouseFirst Reading
  2/15/2012HouseReferred to Rules Committee
  5/21/2012HouseFinal Action Deadline Extended-9(b) May 29, 2012
  5/21/2012HouseAssigned to Revenue & Finance Committee
  5/21/2012HouseMotion Filed to Suspend Rule 25 Revenue & Finance Committee; Rep. Barbara Flynn Currie
  5/21/2012HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  5/21/2012HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. John E. Bradley
  5/21/2012HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  5/22/2012HouseDo Pass / Short Debate Revenue & Finance Committee; 008-001-000
  5/22/2012HousePlaced on Calendar 2nd Reading - Short Debate
  5/22/2012HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  5/22/2012HouseAdded Chief Co-Sponsor Rep. David Harris
  5/22/2012HouseSecond Reading - Short Debate
  5/22/2012HouseHeld on Calendar Order of Second Reading - Short Debate
  5/23/2012HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. John E. Bradley
  5/23/2012HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  5/25/2012HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000
  5/29/2012HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. John E. Bradley
  5/29/2012HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  5/29/2012HouseFinal Action Deadline Extended-9(b) May 31, 2012
  5/30/2012HouseHouse Floor Amendment No. 3 Rules Refers to Revenue & Finance Committee
  5/30/2012HouseHouse Floor Amendment No. 3 Recommends Be Adopted Revenue & Finance Committee; 005-004-000
  5/31/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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