<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2735   </title>
<shortdesc>MUNI CD-EXTEND TIF</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Richard J. Winkel, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>65 ILCS 5/11-74.4-3</reference><aliasreference>from Ch. 24, par. 11-74.4-3</aliasreference><reference>65 ILCS 5/11-74.4-7</reference><aliasreference>from Ch. 24, par. 11-74.4-7</aliasreference><SynopsisText>Amends the Tax Increment Allocation Redevelopment Act in the Illinois Municipal Code. Provides that (i) the redevelopment project in the TIF District created by an ordinance adopted on December 15, 1981 by the City of Champaign and (ii) the redevelopment project in the TIF District created by an ordinance adopted on December 15, 1986 by the City of Urbana 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.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Richard J. Winkel, Jr.</action>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/5/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/18/2004</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>2/27/2004</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

