MUNI CD-BUSINESS DIST DEVELOP Senate SponsorsSen. James F. Clayborne, Jr. House Sponsors(Rep. Thomas Holbrook) 7/29/2010SenatePublic Act . . . . . . . . . 96-1394 65 ILCS 5/8-4-1from Ch. 24, par. 8-4-165 ILCS 5/11-74.3-1from Ch. 24, par. 11-74.3-165 ILCS 5/11-74.3-2from Ch. 24, par. 11-74.3-265 ILCS 5/11-74.3-3from Ch. 24, par. 11-74.3-365 ILCS 5/11-74.3-4from Ch. 24, par. 11-74.3-465 ILCS 5/11-74.3-565 ILCS 5/11-74.3-665 ILCS 5/11-74.3-7 newAmends the Illinois Municipal Code with respect to the "Business District Development and Redevelopment Law". Authorizes the issuance of bonds without referendum. Specifies notice requirements for a public hearing on a proposed business district plan. Sets forth the procedure for amending a business district plan. Specifies the requirements for a municipality to issue bonds for the payment or reimbursement of business district project costs. Makes numerous other changes. Provides that changes to the Law apply only to new business districts, unless an existing district is conformed by ordinance. Effective immediately.House Committee Amendment No. 1 Further amends the Illinois Municipal Code with respect to the "Business District Development and Redevelopment Law". Provides that a municipality shall have the power to acquire property by eminent domain in accordance with the Eminent Domain Act. Provides that a business district's bond obligations must mature not later than 20 years after the date of issue or the dissolution date of the business district, whichever is earlier (instead of not later than the dissolution date of the business district).House Floor Amendment No. 2 Further amends the Illinois Municipal Code with respect to the "Business District Development and Redevelopment Law". Deletes provisions authorizing a municipality to (i) create a Business District Commission and (ii) use revenues from one business district for eligible business district project costs in another business district. Makes technical changes. 1/12/2010SenateFiled with Secretary by Sen. James F. Clayborne, Jr. 1/12/2010SenateFirst Reading 1/12/2010SenateReferred to Assignments 2/10/2010SenateAssigned to Local Government 2/17/2010SenateDo Pass Local Government; 006-002-000 2/17/2010SenatePlaced on Calendar Order of 2nd Reading February 18, 2010 2/18/2010SenateSecond Reading 2/18/2010SenatePlaced on Calendar Order of 3rd Reading February 23, 2010 3/9/2010SenateThird Reading - Passed; 031-020-000 3/10/2010HouseArrived in House 3/17/2010HouseChief House Sponsor Rep. Thomas Holbrook 3/17/2010HousePlaced on Calendar Order of First Reading 3/17/2010HouseFirst Reading 3/17/2010HouseReferred to Rules Committee 4/12/2010HouseAssigned to Revenue & Finance Committee 4/23/2010HouseRule 19(a) / Re-referred to Rules Committee 4/26/2010HouseFinal Action Deadline Extended-9(b) May 7, 2010 4/26/2010HouseAssigned to Revenue & Finance Committee 5/3/2010HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 5/3/2010HouseRemains in Revenue & Finance Committee 5/3/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee 5/3/2010HouseHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote 5/3/2010HouseDo Pass as Amended / Short Debate Revenue & Finance Committee; 010-001-000 5/3/2010HousePlaced on Calendar 2nd Reading - Short Debate 5/3/2010HouseSecond Reading - Short Debate 5/3/2010HouseHeld on Calendar Order of Second Reading - Short Debate 5/5/2010HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Barbara Flynn Currie 5/5/2010HouseHouse Floor Amendment No. 2 Referred to Rules Committee 5/6/2010HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 5/6/2010HouseHouse Floor Amendment No. 2 Adopted by Voice Vote 5/6/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/6/2010HouseThird Reading - Short Debate - Passed 090-027-000 5/6/2010SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2 5/6/2010SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 6, 2010 5/6/2010SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. James F. Clayborne, Jr. 5/6/2010SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. James F. Clayborne, Jr. 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments 5/6/2010SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Local Government 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Assignments Referred to Local Government 5/6/2010SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Local Government; 006-002-000 5/6/2010SenateHouse Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Local Government; 006-002-000 5/6/2010SenateHouse Committee Amendment No. 1 Senate Concurs 038-016-001 5/6/2010SenateHouse Floor Amendment No. 2 Senate Concurs 038-016-001 5/6/2010SenatePassed Both Houses 6/4/2010SenateSent to the Governor 7/29/2010SenateGovernor Approved 7/29/2010SenateEffective Date July 29, 2010 7/29/2010SenatePublic Act . . . . . . . . . 96-1394