Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

65 ILCS 5/8-8-4

from Ch. 24, par. 8-8-4

65 ILCS 5/8-8-8

from Ch. 24, par. 8-8-8

30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Illinois Municipal Code. Requires a reporting municipality to comply with certain procedures and pay certain compensation to the Comptroller if a tax increment financing report is not filed within 6 months after the close of the fiscal year of the municipality. Provides that payment for the tax increment financing report shall be ordered by the corporate authorities of the municipality out of the municipality's tax increment financing funds, and prohibits a municipality from levying a tax to meet the costs of a tax increment financing report. Preempts home rule. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

Actions 

Date	Chamber	Action
10/23/2003	Senate	Filed with Secretary by Sen. Christine Radogno
10/23/2003	Senate	First Reading
10/23/2003	Senate	Referred to Rules
1/11/2005	Senate	Session Sine Die

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