92nd General Assembly
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CLAYBORNE.

(HOLBROOK-YOUNGE)

   65 ILCS 5/11-74.4-3       from Ch. 24, par. 11-74.4-3                       
   65 ILCS 5/11-74.4-7       from Ch. 24, par. 11-74.4-7                       

        Amends the Illinois Municipal Code. Provides that the maturity         
   date for tax increment financing obligations may not exceed 35 years        
   if the municipality is subject to the Financially Distressed City Law.      
   Authorizes, without further hearing or notice and without complying         
   with the procedures provided in the Act pertaining to the amendment         
   to or the initial approval of a redevelopment plan and project, the         
   amendment of certain existing redevelopment plans to conform to the         
   changes made by this amendatory Act of the 92nd General Assembly.           
   Provides that if the redevelopment plan will not result in displace-        
   ment of 10 or more (now, no lower limit) residents from inhabited           
   units, a housing impact study need not be performed.                        
        SENATE AMENDMENT NO. 1.                                                
        Further amends the Tax Increment Allocation Redevelopment Act  in      
   the  Illinois  Municipal Code.  Removes language providing that if the      
   redevelopment plan will not result in displacement of 10 or more (now,      
   no lower limit) residents from inhabited units, a housing impact study      
   need not be performed.                                                      
        SENATE AMENDMENT NO. 2.                                                
        Further amends the Tax Increment Allocation Redevelopment Act  in      
   the  Illinois Municipal Code.  Provides that the maturity date for tax      
   increment financing  obligations  may  not  exceed  35  years  if  the      
   ordinance  approving  the redevelopment project was adopted on January      
   23, 1991 by the City of East St. Louis.                                     
        HOUSE AMENDMENT NO. 1.                                                 
        Removes a provision that authorizes, without further  hearing  or      
   notice  and  without complying with the procedures provided in the Act      
   pertaining  to  the  amendment  to  or  the  initial  approval  of   a      
   redevelopment  plan  and  project,  the  amendment of certain existing      
   redevelopment plans to conform to  the  requirements  that  the  plans      
   establish   an  estimated  date  of  completion  of  the  project  and      
   retirement of obligations issued to finance project costs, which shall      
   not be longer than 23 years (35 years in  some  instances)  after  the      
   year in which the ordinance approving the project area is adopted.          
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-08-2001  S       TO SUBCOMMITTEE                                           
   MAR-21-2001  S                             AMENDMENT NO. 01-REVENUE       S    
   MAR-21-2001  S                                   ADOPTED                       
   MAR-22-2001  S       DO PASS AS AMENDED                  008-000-000   SREV    
   MAR-22-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-27              
   MAR-28-2001  S  SECOND READING                                                 
   MAR-28-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-29              
   MAR-29-2001  S  FILED WITH SECRETARY                                           
   MAR-29-2001  S                             AMENDMENT NO. 02-CLAYBORNE          
   MAR-29-2001  S                     AMENDMENT REFERRED TO SRUL                  
   MAR-30-2001  S                             AMENDMENT NO. 02-CLAYBORNE          
   MAR-30-2001  S             BE APPROVED FOR CONSIDERATION SRUL                  
   APR-03-2001  S  RECALLED TO SECOND READING                                     
   APR-03-2001  S                             AMENDMENT NO. 02-CLAYBORNE          
   APR-03-2001  S                                   ADOPTED                       
   APR-03-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-04-04              
   APR-04-2001  S  THIRD READING - PASSED                   049-007-000           
   APR-04-2001  H  ARRIVE IN HOUSE                                                
   APR-04-2001  H  HOUSE SPONSOR                            HOLBROOK              
   APR-04-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   APR-05-2001  H  FIRST READING                                                  
   APR-05-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-06-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   APR-18-2001  H  ADDED AS A JOINT SPONSOR                 YOUNGE                
   MAY-03-2001  H                             AMENDMENT NO. 01-REVENUE       H    
   MAY-03-2001  H                                   ADOPTED SUB                   
   MAY-03-2001  H  DO PASS AMENDED/SHORT DEBATE             011-000-000   HREV    
   MAY-03-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-08-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-08-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-09-2001  H  THIRD READING/SHORT DEBATE/PASSED        113-000-000           
   MAY-10-2001  S  SECRETARYS DESK - CONCURRENCE            01                    
   MAY-10-2001  S  FILED WITH SECRETARY                                           
   MAY-10-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CLAYBOARNE         
   MAY-10-2001  S                        MOTION REFERRED TO SRUL                  
   MAY-18-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CLAYBORNE          
   MAY-18-2001  S             BE APPROVED FOR CONSIDERATION SRUL                  
   MAY-22-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CLAYBORNE          
   MAY-22-2001  S  SEN CONCURS IN HSE AMENDMENTS (NO.)      01/056-001-000        
   MAY-22-2001  S  PASSED BOTH HOUSES                                             
   JUN-20-2001  S  SENT TO THE GOVERNOR                                           
   AUG-16-2001  S  GOVERNOR APPROVED                                              
   AUG-16-2001  S                            EFFECTIVE DATE 02-01-01              
   AUG-16-2001  S  PUBLIC ACT.............................. 92-0406               

   END OF INQUIRY 



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