JACOBS-LIGHTFORD. (BRUNSVOLD-REITZ-HOLBROOK) 65 ILCS 5/11-74.4-7 from Ch. 24, par. 11-74.4-7 Amends the Tax Increment Allocation Redeveloment Act in the Illinois Municipal Code. Makes a technical change in a Section concerning the issuance of obligations to provide for redevelopment project costs. SENATE AMENDMENT NO. 1. Adds reference to: 65 ILCS 5/11-74.4-3 from Ch. 24, par. 11-74.4-3 Deletes everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that the redevelopment project in the TIF District created by an ordinance adopted on December 23, 1986 by the City of Sparta must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Effective immediately. HOUSE AMENDMENT NO. 1. Adds reference to: 65 ILCS 5/11-74.4-4.1 65 ILCS 5/11-74.4-5 from Ch. 24, par. 11-74.4-5 Deletes everything after the enacting clause. Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that if the redevelopment plan will not result in displacement of residents from 10 or more inhabited residential units (now, if the redevelopment plan will not result in the displacement of 10 or more residents from inhabited units), and the municipality certifies in the plan that such displacement will not result from the plan, a housing impact study need not be performed. Provides that if the redevelopment plan will not result in displacement of residents from 10 or more inhabited residential units (now, if the redevelopment plan will not result in the displacement of 10 or more residents from inhabited units), and the municipality certifies in the plan that such displacement will not result from the plan, then a resolution or ordinance providing for a feasibility study need not be adopted. Provides that in a municipality in which a redevelopment project area is proposed the municipality shall provide notice of the availability of the proposed redevelopment plan and eligibility report to all residential addresses located outside the proposed redevelopment project area and within 750 feet of the boundaries of the proposed redevelopment project area (now, located within 750 feet of the boundaries of the proposed redevelopment project area). Provides that the redevelopment project in the TIF District created by an ordinance adopted on (i) December 22, 1986 by the City of Aledo, (ii) February 5, 1990 by the City of Clinton, (iii) September 6, 1994 by the City of Freeport, (iv) December 22, 1986 by the City of Tuscola, (v) December 23, 1986 by the City of Sparta, (vi) December 23, 1986 by the City of Beardstown, and (vii) April 27, 1981, October 21, 1985, and December 30, 1986 by the City of Belleville must be completed by December 31 of the 35th year (now, the 23rd year) after the year in which the ordinance was adopted. Makes other changes. Effective immediately. HOUSE AMENDMENT NO. 2. Deletes reference to: 65 ILCS 5/11-74.4-3 65 ILCS 5/11-74.4-4.1 65 ILCS 5/11-74.4-5 65 ILCS 5/11-74.4-7 Adds reference to: New Act Deletes everything after the enacting clause. Creates the Municipal Validation Law of 2002. Provides that all actions taken before the effective date of the Law by any municipality pursuant to the Tax Increment Allocation Redevelopment Act for purposes of approving a redevelopment plan and redevelopment project, designating a redevelopment project area, and adopting tax increment allocation financing are valid actions in full force and effect as of the date of adoption of the ordinance of the municipality approving the redevelopment plan and project, notwithstanding that an ordinance designating the redevelopment project area was not adopted on that date and an ordinance adopting tax increment allocation financing was not adopted on that date, provided that, no later than 180 days after the effective date of the Law, the municipality adopts such ordinances. Validates all actions taken before the effective date of the Law with respect to a public question authorizing the issuance of general obligation bonds of a municipality that was submitted to and approved by the electors on March 19, 2002 and all bonds issued or to be issued by that municipality pursuant to that approval, notwithstanding that the notice of election and the form of public question did not conform to the requirements of applicable law, provided that the notice of election and the public question did set forth the principal amount of the bonds and the capital improvements to be financed by the bonds and that no bond issued by virtue of the approval of the public question shall bear interest at a rate exceeding 7% per annum. Effective immediately. HOUSE AMENDMENT NO. 4. Adds reference to: 35 ILCS 200/18-92 new 35 ILCS 200/18-101.47 new 35 ILCS 200/18-197 new Creates the Maywood Public Library District Tax Levy Validation (2002) Law. Validates the 2001 tax levy ordinance and supplemental or deficiency tax levy ordinance adopted in 2002 and the taxes assessed, levied, and extended thereon by the Maywood Public Library District if it meets certain criteria. Provides that no 2001 tax levy or supplemental or deficiency levy, however, is validated to the extent it would have exceeded the maximum amount the district could have levied under the Property Tax Extension Limitation Law if the tax levy ordinance or supplemental or deficiency levy ordinance had been adopted and filed in due time in calendar year 2001. Validates the use for normal operating expenses by the district of any tax revenue for the calendar year 2001 intended for the payment of principal and interest on outstanding bonds, and validates the use of revenue generated from tax anticipation warrants to make bond payments. Amends the Property Tax Code to provide that the Property Tax Extension Limitation Law, the Truth in Taxation Law, and the Cook County Truth in Taxation Law are subject to the Maywood Public Library District Tax Levy Validation (2002) Law. JAN-30-2002 S FIRST READING JAN-30-2002 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-20-2002 S ASSIGNED TO COMMITTEE REVENUE FEB-27-2002 S AMENDMENT NO. 01-REVENUE S FEB-27-2002 S ADOPTED FEB-28-2002 S DO PASS AS AMENDED 008-001-001 SREV FEB-28-2002 S PLACED ON CALENDAR ORDER OF 2ND READING 02-03-05 MAR-05-2002 S SECOND READING MAR-05-2002 S PLACED ON CALENDAR ORDER OF 3RD READING 02-03-06 MAR-07-2002 S THIRD READING - PASSED 046-005-000 MAR-07-2002 H ARRIVE IN HOUSE MAR-07-2002 H PLACED CALENDAR ORDER OF FIRST READING MAR-20-2002 H HOUSE SPONSOR LEITCH MAR-20-2002 H FIRST READING MAR-20-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-21-2002 H ALTERNATE PRIMARY SPONSOR CHANGED TO REITZ MAR-21-2002 H ADDED AS A JOINT SPONSOR LEITCH APR-03-2002 H ASSIGNED TO COMMITTEE REVENUE APR-11-2002 H AMENDMENT NO. 01-REVENUE H APR-11-2002 H ADOPTED SUB APR-11-2002 H REMAINS IN COMMITTEE REVENUE APR-11-2002 H ADDED AS AN ALTERNATE CO-SPONSOR LAWFER APR-11-2002 H ADDED AS AN ALTERNATE CO-SPONSOR REITZ APR-11-2002 H ADDED AS AN ALTERNATE CO-SPONSOR HOLBROOK APR-11-2002 H ADDED AS AN ALTERNATE CO-SPONSOR TENHOUSE APR-18-2002 H DO PASS AMENDED/SHORT DEBATE 011-000-000 HREV APR-18-2002 H PLACED CALENDAR 2ND READING-SHORT DEBATE APR-18-2002 H ALTERNATE PRIMARY SPONSOR CHANGED TO LEITCH APR-18-2002 H JOINT-ALTERNATE-SPONSOR CHANGED TO REITZ APR-18-2002 H ADDED AS A JOINT SPONSOR HOLBROOK MAY-02-2002 H 3RD RDG. DEADLINE EXTENDED-RULE 9(B) TO 05/17/02 MAY-02-2002 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAY-15-2002 H 3RD RDG/PASSAGE DEADLINE EXTENDED-RULE 9(B) TO 5/31/02 MAY-15-2002 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAY-21-2002 H SECOND READING-SHORT DEBATE MAY-21-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-31-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL NOV-27-2002 H ALTERNATE PRIMARY SPONSOR CHANGED TO BRUNSVOLD DEC-03-2002 H APPROVED FOR CONSIDERATION 003-000-000 HRUL DEC-03-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE DEC-03-2002 H AMENDMENT NO. 02-BRUNSVOLD DEC-03-2002 H AMENDMENT REFERRED TO HRUL DEC-03-2002 H RULES REFERS TO HREV DEC-03-2002 H AMENDMENT NO. 03-YARBROUGH DEC-03-2002 H AMENDMENT REFERRED TO HRUL DEC-03-2002 H RULES REFERS TO HREV DEC-03-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE DEC-04-2002 H AMENDMENT NO. 02-BRUNSVOLD DEC-04-2002 H RECOMMENDS BE ADOPTED HREV/011-000-000 DEC-04-2002 H AMENDMENT NO. 03-YARBROUGH DEC-04-2002 H RECOMMENDS BE ADOPTED HREV/006-004-000 DEC-04-2002 H AMENDMENT NO. 04-YARBROUGH DEC-04-2002 H AMENDMENT REFERRED TO HRUL DEC-04-2002 H AMENDMENT NO. 02-BRUNSVOLD DEC-04-2002 H ADOPTED DEC-04-2002 H AMENDMENT NO. 03-YARBROUGH DEC-04-2002 H WITHDRAWN DEC-04-2002 H AMENDMENT NO. 04-YARBROUGH DEC-04-2002 H RECOMMENDS BE ADOPTED HRUL/004-000-000 DEC-04-2002 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE DEC-05-2002 H AMENDMENT NO. 04-YARBROUGH DEC-05-2002 H ADOPTED DEC-05-2002 H PLCD CAL ORDER 3RD READING-SHORT DEBATE DEC-05-2002 H THIRD READING/SHORT DEBATE/PASSED 086-025-000 DEC-05-2002 S SECRETARYS DESK - CONCURRENCE 01,02,04 JAN-05-2003 S REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES SRUL JAN-06-2003 S SPONSOR REMOVED LUECHTEFELD JAN-06-2003 S CHIEF SPONSOR CHANGED TO JACOBS JAN-07-2003 S APPROVED FOR CONSIDERATION SRUL SRUL JAN-07-2003 S PLACED ON CALENDAR ORDER OF CONCURRENCE 01,02,04 JAN-07-2003 S FILED WITH SECRETARY JAN-07-2003 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,04/JACOBS JAN-07-2003 S MOTION REFERRED TO SRUL JAN-07-2003 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,04/JACOBS JAN-07-2003 S BE APPROVED FOR CONSIDERATION SRUL JAN-07-2003 S ADDED AS A CHIEF CO-SPONSOR LIGHTFORD JAN-07-2003 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01,02,04/JACOBS JAN-07-2003 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01,02, JAN-07-2003 S SEN CONCURS IN HSE AMENDMENTS (NO.) 04/050-004-001 JAN-07-2003 S PASSED BOTH HOUSES JAN-08-2003 S SENT TO THE GOVERNOR JAN-13-2003 S GOVERNOR APPROVED JAN-13-2003 S EFFECTIVE DATE 03-01-13 JAN-13-2003 S PUBLIC ACT.............................. 92-0884 END OF INQUIRY Full Text Bill Summary