RADOGNO-CRONIN-GARCIA-WELCH, BURZYNSKI, KLEMM AND DEL VALLE. 65 ILCS 5/11-74.4-2 from Ch. 24, par. 11-74.4-2 65 ILCS 5/11-74.4-3 from Ch. 24, par. 11-74.4-3 65 ILCS 5/11-74.4-4 from Ch. 24, par. 11-74.4-4 65 ILCS 5/11-74.4-4.1 65 ILCS 5/11-74.4-5 from Ch. 24, par. 11-74.4-5 65 ILCS 5/11-74.4-6 from Ch. 24, par. 11-74.4-6 65 ILCS 5/11-74.4-7.1 65 ILCS 5/11-74.4-8 from Ch. 24, par. 11-74.4-8 65 ILCS 5/11-74.4-8a from Ch. 24, par. 11-74.4-8a 65 ILCS 5/11-74.4-10.5 new Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Deletes provisions concerning "blighted" and "conservation" areas and "industrial" and "industrial conservation" parks. Redefines "redevelopment project area" to include areas designated by these terms before the effective date of this amendatory Act. Includes in the list of qualifications and redevelopment project costs certain EPA remediation costs for the clean-up of hazardous waste and substances and underground storage tanks. Provides that professional services contracts, except architectural and engineering contracts, incidental to a redevelopment plan or project may not exceed a term of 3 years. Includes in the definition of "redevelopment project costs" certain capital costs incurred by the taxing district as a result of the redevelopment project and a school district's increased operating costs attributable to the redevelopment project area. Requires all TIFs to establish a joint review board to meet annually. Provides that the board may, rather than shall, issue a written report describing the redevelopment plan and project. Requires the municipality to prepare, as part of the eligibility study, a housing impact study addressing certain factors if tax increment revenues will be used to remove 10 or more inhabited residential units in a redevelopment project area. Requires the redevelopment plan to provide for certain assistance if the plan would require removal of 10 or more inhabited residential units. Provides that redevelopment project costs include up to 75% of the annual interest costs incurred by a redeveloper with regard to the redevelopment project cost in a year for the financing of rehabilitated or new housing for low and very-low income families. Requires a municipality to hold a public meeting if the municipality desires to propose a redevelopment plan or project for a redevelopment project area that includes more than 75 inhabited residential units or that provides for the removal of 10 or more inhabited residential units. Revises the distribution of ad valorem taxes to municipalities with redevelopment projects under certain conditions. Makes other changes. Effective 90 days after becoming law. SENATE AMENDMENT NO. 1 Adds to the legislative findings for tax increment financing dis- tricts that environmental contamination and substantial unemployment endangers economic development and security of certain municipal areas and that investment in industrial, commercial and residential develop- ment is necessary to relieve these conditions. Includes mines within definitional provisions of redevelopment project area. Deletes the amendatory provision concerning the affirmative stating of a comple- tion time for a redevelopment project. SENATE AMENDMENT NO. 2. Deletes reference to: 65 ILCS 5/11-74.4-2 Replaces everything after the enacting clause. Amends the Tax In- crement Allocation Redevelopment Act in the Municipal Code. Replaces definitions of "blighted area" and "conservation area". Prohibits des- ignation of a redevelopment project area that includes a natural area or that includes a public building owned or leased by a municipality and used for governmental functions; adds other restrictions with re- spect to designation of redevelopment projects and computation and incurring of redevelopment costs. Requires that ordinance or resolu- tion providing for redevelopment project feasibility study include certain items. Adds notice, hearing, and review requirements in con- nection with adoption of redevelopment project ordinances. Authorizes municipality to request compliance audit of redevelopment plan, pro- ject, or project area. Makes other changes. Effective 90 days after becoming law. SENATE AMENDMENT NO. 4. Increases number of factors that must be present for designation of a "blighted area". Changes items included in "redevelopment project costs"; restores marketing costs; deletes membership fees in associa- tions that lobby; adds cost of marketing sites to prospective busi- nesses and others; and makes other changes. Restores inclusion in industrial park conservation area as exception to requirement that "vacant land" not include property used for commercial agricultural purposes within preceding 5 years. With regard to functions of joint review board in adopting recommendations, deletes requirement that quorum be present and voting. Makes other changes. 98-02-19 S FIRST READING 98-02-19 S REFERRED TO SENATE RULES COMMITTEE RULES 98-02-25 S ADDED AS A CHIEF CO-SPONSOR CRONIN 98-02-25 S ADDED AS A CHIEF CO-SPONSOR GARCIA 98-03-03 S ASSIGNED TO COMMITTEE REVENUE 98-03-12 S ADDED AS A CHIEF CO-SPONSOR WELCH 98-03-12 S ADDED AS A CHIEF CO-SPONSOR DEMUZIO 98-03-12 S AMENDMENT NO. 01-REVENUE S 98-03-12 S ADOPTED 98-03-12 S DO PASS AS AMENDED 008-000-001 SREV 98-03-12 S PLACED ON CALENDAR ORDER OF 2ND READING 98-03-24 98-03-24 S ADDED AS A CO-SPONSOR RAUSCHENBERGER 98-03-24 S ADDED AS A CO-SPONSOR BURZYNSKI 98-03-24 S ADDED AS A CO-SPONSOR KLEMM 98-03-25 S FILED WITH SECRETARY 98-03-25 S AMENDMENT NO. 02-RADOGNO 98-03-25 S AMENDMENT REFERRED TO SRUL 98-03-25 S AMENDMENT NO. 02-RADOGNO 98-03-25 S RULES REFERS TO SREV 98-03-26 S FILED WITH SECRETARY 98-03-26 S AMENDMENT NO. 03-RADOGNO 98-03-26 S AMENDMENT REFERRED TO SRUL 98-03-26 S CALENDAR ORDER OF 2ND READING 98-03-24 98-03-26 S ADDED AS A CO-SPONSOR DEL VALLE 98-03-31 S FILED WITH SECRETARY 98-03-31 S AMENDMENT NO. 04-RADOGNO 98-03-31 S AMENDMENT REFERRED TO SRUL 98-03-31 S AMENDMENT NO. 03-RADOGNO 98-03-31 S RULES REFERS TO SREV 98-03-31 S AMENDMENT NO. 04-RADOGNO 98-03-31 S RULES REFERS TO SREV 98-04-01 S AMENDMENT NO. 02-RADOGNO 98-04-01 S BE ADOPTED SREV/009-000-000 98-04-01 S AMENDMENT NO. 03-RADOGNO 98-04-01 S HELD IN COMMITTEE SREV 98-04-01 S AMENDMENT NO. 04-RADOGNO 98-04-01 S BE ADOPTED SREV/008-001-000 98-04-01 S SECOND READING 98-04-01 S AMENDMENT NO. 02-RADOGNO 98-04-01 S ADOPTED 98-04-01 S AMENDMENT NO. 04-RADOGNO 98-04-01 S ADOPTED 98-04-01 S PLACED ON CALENDAR ORDER OF 3RD READING 98-04-02 98-04-02 S 3RD READING AND PASSAGE DEADLINE EXTEND JANUARY 1, 1999 98-04-02 S CALENDAR ORDER OF 3RD READING 98-04-02 98-06-22 S REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES SRUL 98-06-22 S TABLED PURSUANT TO RULE 5-4(A)/SA03 98-06-22 S COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary