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<title>Illinois General Assembly - Bill Status for HB 623    </title>
<shortdesc>ECONOMIC DEVELOPMENT-TECH</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Wyvetter H. Younge-Julie Hamos</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. James F. Clayborne, Jr.)</altsponsors>
</sponsor>
<lastaction>
<statusdate>9/15/2004</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 93-1037</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 620/1</reference><aliasreference>from Ch. 67 1/2, par. 1001</aliasreference><SynopsisText>     Amends the Economic Development Area Tax Increment Allocation Act. Makes a technical change in a Section concerning the short title.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>20 ILCS 620/1</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>35 ILCS 200/18-181 new</reference><aliasreference></aliasreference><reference>315 ILCS 20/3-11</reference><aliasreference>from Ch. 67 1/2, par. 253-11</aliasreference><reference>315 ILCS 20/4</reference><aliasreference>from Ch. 67 1/2, par. 254</aliasreference><reference>315 ILCS 20/15</reference><aliasreference>from Ch. 67 1/2, par. 265</aliasreference><reference>315 ILCS 20/15-5 new</reference><aliasreference></aliasreference><reference>315 ILCS 20/17</reference><aliasreference>from Ch. 67 1/2, par. 267</aliasreference><SynopsisText>Deletes everything after the enacting clause. Amends the Neighborhood Redevelopment Corporation Law. Provides that, upon approval of the governing body of a city, village, or incorporated town, after it complies with notice, hearing, and other requirements, the general real estate taxes on the improvements on real property of a neighborhood redevelopment corporation or its immediate successor in that city, village, or incorporated town shall be abated for a period not in excess of 10 years after the date upon which the corporation becomes owner of that real property. The tax on that property, however, exclusive of improvements, may continue to be imposed and collected but shall be frozen at the amount of taxes owed, or that would have been owed, for the property as unimproved in the year prior to the year it was acquired by the neighborhood redevelopment corporation. For the next ensuing period not in excess of 15 years, general real estate taxes on the property shall be abated in an amount not to exceed 50% of the taxes imposed by each taxing district. The parties may agree, by contract, to payments in lieu of taxes. After a period of not more than 25 years, tax abatements are eliminated. Limits the provisions to property located in St. Clair County. For St. Clair County, changes the Law with respect to what constitutes a "slum and blighted area", who may appoint members of the Commission and the number of Commissioners, and how certificates of convenience and necessity are approved. Amends the Property Tax Code to authorize the abatements.</SynopsisText></synopsis>
<actions>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael J. Madigan</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Julie Hamos</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/31/2003</statusdate><chamber>House</chamber><action>Sponsor Removed Rep. Barbara Flynn Currie</action>
<statusdate>2/4/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Executive Committee;  010-000-000</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate **</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate **</action>
<statusdate>4/2/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate **</action>
<statusdate>4/3/2003</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 069-044-004</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading April 9, 2003</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. Emil Jones, Jr.</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/8/2003</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>4/16/2003</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>5/1/2003</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  007-004-000</action>
<statusdate>5/1/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading May 6, 2003</action>
<statusdate>5/6/2003</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>5/6/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading May 7, 2003</action>
<statusdate>5/16/2003</statusdate><chamber>Senate</chamber><action>Third Reading Deadline Extended - Rule 2-10, to December 31, 2003.</action>
<statusdate>7/1/2003</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Rules</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Alternate Chief Sponsor Changed to Sen. James F. Clayborne, Jr.</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Approved for Consideration Rules</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading November 19, 2003</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Rules</action>
<statusdate>11/18/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Rules Refers to  Revenue</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Be Adopted  Revenue;  009-001-000</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Clayborne</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>11/19/2003</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 041-015-001</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>11/19/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1</action>
<statusdate>12/22/2003</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>7/9/2004</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Wyvetter H. Younge</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) JULY 15, 2004</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  004-000-000</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Placed on Calendar Order of Concurrence Senate Amendment(s) 1</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion Filed Concur Rep. Wyvetter H. Younge</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Rules Committee</action>
<statusdate>7/13/2004</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Commerce and Business Development Committee</action>
<statusdate>7/14/2004</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Commerce and Business Development Committee;  015-003-000</action>
<statusdate>7/15/2004</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) JULY 31, 2004</action>
<statusdate>7/15/2004</statusdate><chamber>House</chamber><action>3/5 Vote Required</action>
<statusdate>7/15/2004</statusdate><chamber>House</chamber><action>Senate Floor Amendment No. 1 House Concurs 071-019-000</action>
<statusdate>7/15/2004</statusdate><chamber>House</chamber><action>House Concurs in SA 1</action>
<statusdate>7/15/2004</statusdate><chamber>House</chamber><action>Passed Both Houses</action>
<statusdate>7/21/2004</statusdate><chamber>House</chamber><action>Sent to the Governor</action>
<statusdate>9/15/2004</statusdate><chamber>House</chamber><action>Governor Approved</action>
<statusdate>9/15/2004</statusdate><chamber>House</chamber><action>Effective Date June 1, 2005</action>
<statusdate>9/15/2004</statusdate><chamber>House</chamber><action>Public Act . . . . . . . . . 93-1037</action>
</actions>
</xml>

